Release of $14,304 Maintenance Bond for Hallam Preserve Paving

Original title: Approve the release of a warranty and surety in the amount of $14,304.00 in the form of Maintenance Bond No. LICX1203236 for Hallam Preserve J Offsite Paving. (No Fiscal Impact)

Record date · September 2, 2025

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What This Bill Does

The Board of County Commissioners approved the release of a $14,304 associated with offsite paving work at the Hallam Preserve J development. This action officially closes out the financial security held for the project's maintenance period.

Why it matters

The release of this bond confirms that the county has verified the completion or maintenance requirements for the Hallam Preserve J offsite paving project, ending the county's financial hold on those specific funds.

Who It Affects

Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.

Directly affected

Hallam Preserve J developers

The developers are no longer required to maintain the $14,304 bond for the offsite paving project.

Key Facts

The Board of County Commissioners approved the release of Maintenance Bond No. LICX1203236.
The total value of the released bond is $14,304.00.
The bond was held for the Hallam Preserve J Offsite Paving project.
The action is classified as having no fiscal impact on the county budget.

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The item was processed as part of the Consent Agenda.
The file number for this action is 25-1437.
The action was introduced on August 19, 2025.

Frequently Asked Questions

What is a maintenance bond?

A is a type of bond that guarantees the quality of work performed on a project for a specific period after construction is completed.

Does this release cost the county money?

No, the document explicitly states there is no fiscal impact.

What else do you want to know?

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Sources

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