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Commissioners approve surety actions for Veramendi and extend Meyer Ranch letter of credit
Summary
The court accepted an extension of a surety term for a Veramendi construction bond, released an off‑site water surety for Veramendi after receiving an MBU release, and approved a one‑year extension of a letter of credit for Meyer Ranch Unit 14.
Comal County commissioners approved multiple surety and letter‑of‑credit actions tied to subdivision development.
Staff recommended accepting a verification certificate extending the term of construction bond #7901181740 for roads and improvements in Veramendi Precinct 27, Unit 1; Commissioner Leacock moved to accept the certificate, Commissioner Webb seconded, and the court approved the extension. Separately, staff said off‑site water improvements in the same Veramendi subdivision had been completed and that the county had received an MBU release; staff recommended releasing surety construction bond HSHNSU0852570, and the court approved the release.
Staff also recommended a one‑year extension of irrevocable standby letter of credit NUSCGS051937 to cover outstanding road improvements in Meyer Ranch Unit 14. Staff noted most roads were constructed but a few items remained; the court approved the extension and authorized the county judge to sign the associated agreement.
