Title
MOTION TO RELEASE PERFORMANCE BOND #108104688 AND ACCEPT MAINTENANCE BOND #108344069 FOR THE PROJECT: SOUTH FLORIDA DISTRIBUTION CENTER, BUILDING C. AND RECORD BILL OF SALE AND EASEMENT DEDICATION.
Summary Explanation and Background
SUMMARY EXPLANATION AND BACKGROUND:
1. This agenda item requests City Commission approval to release Performance Bond #108104688 in the amount of $440,134.20 submitted by ArrowRock IV South Florida Distribution Center, LLC, following the satisfactory completion of water and sewer improvements associated with the South Florida Distribution Center - Building C project. Additionally, approval is requested to accept Maintenance Bond #108344069 in the amount of $64,069.00, which represents twenty percent (20%) of the certified construction cost for the water and sewer improvements, for the required one-year maintenance period. Acceptance of the Bill of Sale and Easement Dedication is also requested as part of this action.
2. The Engineer of Record, Craven Thompson & Associates, Inc., has certified that all work authorized under Engineering Permit ENG2024-0061 has been completed in accordance with the approved plans and specifications. City staff has reviewed the certification and confirmed that all required improvements have been satisfactorily completed.
3. The Engineering Division has inspected the installed water and sewer improvements and determined that they are consistent with the approved plans and City standards. Utility easements necessary to provide access for operation and maintenance of the improvements are being accepted by the City of Pembroke Pines as part of this agenda item.
4. Based on the successful completion of the project and staff’s review, the Engineering Division recommends approval of the following actions:
- Release Performance Bond #108104688 in the amount of $440,134.20
- Accept Maintenance Bond #108344069 in the amount of $64,069.00 for the one-year maintenance period
- Accept the Bill of Sal...
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