File #: 19-1227    Version: 1 Name: Release Bond Westfork Building ā€œCā€
Type: Public Improvements Status: Passed
File created: 10/3/2019 In control: City Commission
On agenda: 10/16/2019 Final action: 10/16/2019
Title: MOTION TO RELEASE CASH MAINTENANCE BOND RECEIPT #203104472 IN THE AMOUNT OF $5,697.40 FOR THE WATER IMPROVEMENTS AT WESTFORK PLAZA BUILDING "C".
Attachments: 1. 1. Copy of Maintenance Bond Receipt to be released., 2. 2. Final Action 8.1.2018., 3. 3. Email requesting Westfork Building C- Cash Bond Return.

Title

MOTION TO RELEASE CASH MAINTENANCE BOND RECEIPT #203104472 IN THE AMOUNT OF $5,697.40 FOR THE WATER IMPROVEMENTS AT WESTFORK PLAZA BUILDING "C".

 

Summary Explanation and Background

 

SUMMARY EXPLANATION AND BACKGROUND:

1. The water improvements constructed to serve Building "C" at Westfork Plaza were accepted by the City of Pembroke Pines on August 1, 2018.

 

2. The Environmental Services Division inspected all the improvements constructed as part of the Building "C" at Westfork Plaza improvements and found them to be acceptable less wear and tear.

 

3. Recommend City Commission release the Cash Maintenance Bond receipt #203104472 in the amount of $5,679.40 to G&I VII Pembroke Pines Retail, LLC

3200 N Military Trail, 4th Floor, Boca Raton, FL 33431

 

Item has been reviewed by the Commission Auditor and approved for the Agenda.

 

Financial Impact

FINANCIAL IMPACT DETAIL:

 

a)   Initial Cost:  None.

b)   Amount budgeted for this item in Account No: Not Applicable.

c)   Source of funding for difference, if not fully budgeted: Not Applicable.

d)   5 year projection of the operational cost of the project:: Not Applicable.  

e)   Detail of additional staff requirements:  Not Applicable.