September 19, 2006
Status:
Adopt Resolution #07-32, for Roadway Improvements Maintenance Security, Coral Cove Elementary School Site 201.1.
The City of Miramar requires, as a condition of accepting the improvements to SW 148th Avenue, the School Board adopt a resolution in the amount of $7,945.68 for the sole purpose of maintaining or repairing the improvements, if required. The creation of such fund shall constitute adequate security for this purpose for a period of one (1) year from the date the City Commission accepts the improvement.
Exhibit "B" is a list of roadway improvements, actual cost of construction and amount of the Public Maintenance Bond. Also, see Agenda Item J-5 for the Right-of-Way Deed conveying the improvement to the City of Miramar.
The financial impact to the School District is $7,945.68. The source of funds is the Adopted District Educational Facilities Plan, Fiscal Year 2006-2007 to 2010-2011, August 2, 2006, page 38.
Requested Action
Adopt Resolution #07-32, for Roadway Improvements Maintenance Security, Coral Cove Elementary School Site 201.1.
Summary
The City of Miramar requires, as a condition of accepting the improvements to SW 148th Avenue, the School Board adopt a resolution in the amount of $7,945.68 for the sole purpose of maintaining or repairing the improvements, if required. The creation of such fund shall constitute adequate security for this purpose for a period of one (1) year from the date the City Commission accepts the improvement.
Exhibit "B" is a list of roadway improvements, actual cost of construction and amount of the Public Maintenance Bond. Also, see Agenda Item J-5 for the Right-of-Way Deed conveying the improvement to the City of Miramar.
Financial Impact
The financial impact to the School District is $7,945.68. The source of funds is the Adopted District Educational Facilities Plan, Fiscal Year 2006-2007 to 2010-2011, August 2, 2006, page 38.
Source of Additional Information
Steve Dowling 754 321-1622 Thomas J. Coates 754 321-8351
Associated File Attachments
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Resolution No. 07-32 (Files) | |
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Exhibit "B" Actual Cost of Construction (Files) | |
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Collaboration Form (Files) | |
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ExecutedCompleteCopy (Files) |