Agenda Item | Department of Transportation recommending the Board approve and authorize the Clerk of the Board to reduce Performance Bond 0773107 pertaining to Serrano Village J7, TM 18-1536, from $2,638,855.36 to $347,179.77, representing 100% of the total remaining improvements, an amount which guarantees against any defective work, labor done, or defective materials furnished. FUNDING: Developer Funded.
This matter was Approved on the Consent Calendar. |