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ALTMMTIVES AND ANALYSIS: <br />The County Attorney's Office has indicated that the warranty maintenance <br />agreement and maintenance bond are camplete and legally sufficient. The <br />Public Works Director has indicated that the $25,000 maintenance bond <br />represents 25% of the cost of the dedicated improvements. Therefore, the <br />applicant has fully canplied with all applicable subdivision requirements. <br />RECOMMENIDATION• <br />Staff recamends that the Board of County Commissioners accept the <br />submitted warranty maintenance agreement and maintenance bond, and adopt <br />the attached resolution, authorizing release of the funds renaming in <br />escrow to guarantee construction of required improvements. <br />ON MOTION by Commissioner Scurlock, SECONDED BY <br />Commissioner Wodtke, the Board unanimously accepted <br />the submitted warranty maintenance agreement and <br />maintenance bond and adopted Resolution 85-120 <br />authorizing release of the funds remaining in <br />escrow to the developer of Old Sugar Mill Estates, <br />Unit Ill. <br />21 <br />OCT 2 1985 BOOK 62 PAGE 311 <br />