Title
MOTION TO RELEASE MAINTENANCE BOND #800042771 IN THE AMOUNT OF $27,847.92 FROM 16000 PINES RETAIL INVESTMENTS, LLC FOR THE WATER AND SEWER IMPROVEMENTS FOR USPS DISTRIBUTION FACILITY, 16000 PINES RETAIL PH. I.
Summary Explanation and Background
SUMMARY EXPLANATION AND BACKGROUND:
1. The water and sewer improvements constructed to serve USPS Distribution Facility, 16000 Pines Market Ph I, were accepted by the City of Pembroke Pines on June 19, 2019.
2. The Environmental Services Engineering Division inspected all the water and sewer improvements constructed as part of the USPS Distribution Facility, 16000 Pines Market Ph. I and found them to be acceptable less wear and tear.
3. Recommend City Commission release Maintenance Bond #800042771 in the amount of $27,847.92 for the water and sewer improvements for USPS Distribution Facility, 16000 Pines Market Ph. I.
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.