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Aberdeen accepts $346,837.98 performance bond to guarantee Sandy Springs Phases 5 & 6 infrastructure
Summary
The Aberdeen Town Board accepted a performance bond of $346,837.98 as a financial guarantee for infrastructure tied to Sandy Springs Phases 5 & 6, equal to 125% of the estimated incomplete work, and recorded the acceptance as Resolution #25‑20 on Sept. 22, 2025.
The Aberdeen Town Board on Sept. 22 accepted a performance bond of $346,837.98 guaranteeing the installation of infrastructure for Sandy Springs Phases 5 and 6, part of a consent‑agenda approval recorded as Resolution #25‑20.
The resolution states the bond amount equals 125% of the estimated cost for the incomplete infrastructure, which the applicant’s engineer placed at $277,470.38. The resolution says the bond “shall equal 125% of the estimated cost of $277,470.38, or $346,837.98 in total.” The performance bond was pledged to the Town of Aberdeen and may not be released until the guaranteed improvements are completed in full.
Resolution #25‑20 references a preliminary plat approval and the Town’s Unified Development Ordinance requirement that applicants either install required infrastructure or post an acceptable guarantee before final plat approval. The resolution names Jeremy Taylor of Taylor Land Consultants as the applicant’s representative and references materials provided by McKee Homes, LLC; Great Midwest Insurance Company is identified in the record as the surety on the bond.
An attached Opinion of Probable Cost prepared by MIKA Management Solutions lists sidewalk fine grading, concrete sidewalks (29,187 square feet), handicap ramps (8 each) and related backfill among the incomplete items and totals the estimate at $277,470.38; the resolution applied the 125% surety factor to that estimate. The opinion of probable cost is dated July 16, 2024 and is signed by Michael D. Kaney, P.E.
Town staff recorded the resolution in the consent agenda; the consent motion carried 4‑0 with Mayor Pro‑tem Bryan Bowles absent. The resolution was adopted Sept. 22, 2025, and signed by Mayor Robert A. Farrell and attested by Town Clerk Regina M. Rosy. The board’s acceptance binds the listed surety until staff confirms completion of the guaranteed infrastructure.
What happens next: the bond secures completion of the listed improvements before final plat release; the applicant or surety remains responsible for completing the work or for the Town to use the guarantee to contract completion if needed.
