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Commissioners approve Pinnacle claim forms for ODOT project and accept unattainable lien waiver
Summary
The Board approved claim forms submitted by Pinnacle for ODOT Project J3-1255(004): Parcel 43 for $28,600 and Parcel 72/72.1 for $3,000, and agreed to a lien-waiver resolution that assigns financial responsibility up to $3,000 if the lienholder claims the payment.
The Board accepted and executed claim forms submitted by Pinnacle to the Oklahoma Department of Transportation for Project J3-1255(004). The recorded payments are Parcel 43 for $28,600.00 and Parcels 72 and 72.1 totaling $3,000.00.
Because the County was unable to obtain a lien waiver from the lienholder (Truist Bank) on Parcels 72/72.1, the County agreed to an "unattainable lien waiver" and to assume financial responsibility up to the amount paid ($3,000.00) if the lienholder makes a claim against the property owner.
