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Council asks developer to confirm bond extension after green-space work delayed in Countryside subdivision
Summary
Council learned that the green-space improvements in the Countryside subdivision remain incomplete while a letter of credit approaches expiration. Council directed staff to contact developer Scott Beckstead to confirm a bond renewal and to report back at the March 24 meeting.
Council reviewed the status of the Countryside subdivision’s green space, where sidewalks, swales and other infrastructure are complete but landscaper work and playground installation remain undone. Staff said the developer renewed the bond twice previously but progress has been slow; the bond or letter of credit is scheduled to expire in late March.
Staff said developer Scott Beckstead had indicated plans to renew the letter of credit and to transfer the parcel to a homeowners association when the HOA is formed. Council directed staff to ask the developer to extend the letter of credit and report back at the March 24 council meeting; if the bond is not renewed staff were authorized to pursue drawing the letter of credit or other remedies.
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