SPRING CREEK SUBDIVISION, SITE PLAN, SECTION 1, REVISION 4 (SPRING CREEK CENTER)
Perf agreement: Drainage $57,000
Established: April 22, 2010
Previous Action: 4/22/10 Reapproved by FMPC
8/18/10 PA posted
11/12/10 Reduce 75% from $228,000; extend to 11/11/11
11/11/11 Extend to 11/9/12
11/9/12 Approved extension to 5/17/13
5/17/13 Extend to 11/8/13
11/26/13 Approved extension to 5/22/14
4/24/14 Release denied; extend to 4/23/15
12/12/14 Release denied; extend to 12/11/15
2/26/15 Release denied; extend to 2/25/16; revise as-builts again following completion of punchlist.
Recommendation: Accept the drainage improvements, release the performance agreement and establish a maintenance agreement in the amount of $22,800 for one year.