POLISCOPE
Back to feed

The civic record

Read. Follow. Verify.
Local Impact

Release of Duplicate Warranty Security for Sentosa Apartments

Original title: 2023-0045: Sentosa Apartments Warranty Security Released

Record date · April 12, 2023

Track this bill to get notified when it advances a stage. One tap to stop, anytime.

What This Bill Does

The County is releasing a $64,146.08 for Sentosa Apartments because a second, more accurate bond was already accepted for the same project. This action removes a duplicate financial security requirement for the developer.

Why it matters

This decision officially closes out a redundant financial security bond held by the County for off-site improvements at the Sentosa Apartments project.

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

Sentosa Riverview Owner, LLC

The developer is the entity associated with the release of the duplicate warranty security.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

Why is the County releasing this money?
The County is releasing the funds because a duplicate was identified; a second, more accurate bond for the same off-site improvements was already accepted in 2022.
Does this mean the project is no longer under warranty?
No, the project remains covered by a separate of $58,592.64 accepted on November 3, 2022.

What else do you want to know?

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Discoveries

1 pattern noticed across the record

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

financial connection100% confidence

Bond Adjustment Based on Actual Costs

The document highlights a shift from estimated to actual cost-based bonding, resulting in a reduction of the required security amount by $5,553.44.

Connected Entities

June 8, 2021, Sentosa Apartments, County and 4 more
dateJune 8, 2021“Date of initial bond acceptance”Map →
locationSentosa Apartments“The property receiving the warranty security”Map →
OrganizationCounty“Accepted the improvements for maintenance”Map →
dollar amount$64,146.08“Amount of the first warranty bond”Map →
dateNovember 3, 2022“Date of subsequent bond acceptance”Map →
dollar amount$58,592.64“Amount of the second warranty bond”Map →
OrganizationSentosa Riverview Owner, LLC“Developer of the project”Map →

Sources

Analysis Score

0–100
  • Significance20
    How much this matters to a regular citizen
  • Controversy5
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz10
    Current news / social attention level

Publisher tools

Share or embed this record

POLISCOPE publisher tools

Share or embed this record