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EDC Board of Supervisors October 13, 2020 Meeting Minutes

Meeting in Video Recording Format

Of note to El Dorado Hills residents:

20-1127Agenda #12 approve and authorize the Chair to sign Second Amendment to Agreement to Make Subdivision Improvements for Class 1 Subdivision between County and Owner, AKT Promontory LLC, for Promontory Village 2C, TM 98-1356-R-3
AGENDA ITEMDepartment of Transportation recommending the Board approve and authorize the Chair to sign Second Amendment to Agreement to Make Subdivision Improvements for Class 1 Subdivision between County and Owner, AKT Promontory LLC, for Promontory Village 2C, TM 98-1356-R-3, extending the performance period to November 12, 2021. FUNDING: Developer Funded.

This matter was Approved on the Consent Calendar.
20-1142Agenda #13 Accept the subdivision improvements for Serrano Village J, Lot H, TM 14-1524, as complete
AGENDA ITEMDepartment of Transportation recommending the Board consider the following: 1) Accept the subdivision improvements for Serrano Village J, Lot H, TM 14-1524, as complete; 2) Reduce Performance Bond 0773091 from $1,506,392.41 to $264,671.67, which is ten percent of the total cost of the subdivision improvements, an amount which guarantees against any defective work, labor done, or defective materials furnished, and which is to be released after one year if no claims are made; 3) Hold Laborers & Materialmens Bond 0773091 in the amount of $1,323,358.37 for six months to guarantee payments to persons furnishing labor, materials, or equipment; and 4) Authorize the Clerk of the Board to release the respective Bonds after the required time periods upon written request by the Department. FUNDING: Developer Funded.

This matter was Approved on the Consent Calendar.
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