File #: 21-0347    Version: 1 Name:
Type: Planning Item Status: Agenda Ready
File created: 10/18/2021 In control: Planning Commission
On agenda: 10/21/2021 Final action: 10/21/2021
Title: Release of Financial Guarantees The Gardens Phase 8 Plat 4a, Water & Sewer
Sponsors: Planning Commission
Attachments: 1. Gardens Ph8pl4a_Water and Sewer Inspection Sheet

Title

Release of Financial Guarantees The Gardens Phase 8 Plat 4a, Water & Sewer

 

Body

SUMMARY: The developer has completed the installation of water and sewer for Phase 8 Plat 4a of The Gardens. The City of Crossville holds Letters of Credit for both. The LOC for water is in amount of $107,950.00 and the amount of sewer is $87,630.00. Attached is the inspection sheet, completed by City Staff.

 

STAFF RECOMMENDATION:  Approve the release of the Letters of Credit for water and sewer.

 

Recommended Action

NECESSARY PLANNING COMMISSION ACTION:  Release Letters of Credit for water and sewer for The Gardens Phase 8 Plat 4a