Title
Renew financial guarantee for The Gardens Ph 8 Plat 3, Temp Cul-de-sac - Letter of Credit
Body
SUMMARY: The developer is requesting an extension on the financial guarantee for the temporary cul-de-sac for The Gardens Phase 8 Plat 3. They have provided a new agreement and letter of credit with the required 10% increase for an additional 12 months.
STAFF RECOMMENDATION: Staff recommends the release of the previous agreement and acceptance of the new one.
Recommended Action
NECESSARY PLANNING COMMISSION ACTION: Release the previous agreement and accept the new one