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Release of Maintenance Bond for Cabot Citrus Offsite Force Main
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BRIEF OVERVIEW
Cabot Citrus Offsite Force Main is at the end of the maintenance period and has been found to be in acceptable condition by the Hernando County Utilities Development. Developer Cabot Citrus, LLC will have maintenance responsibility for roads, water and sewer infrastructure.
FINANCIAL IMPACT
No financial impact as the County is not maintaining the infrastructure.
LEGAL NOTE
The Board has authority to act on this matter pursuant to Chapter 125, Florida Statutes.
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RECOMMENDATION
It is recommended that the Board approve the release of the $226,036.80 maintenance bond for Cabot Citrus offsite force main.