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• <br />7.1. CARRIAGE LAKE AT VERO, L.C. - CASH DEPOSIT AND ESCROW <br />AGREEMENT FOR COMPLIANCE AND RESTORATION BONDING <br />The Board reviewed a Memorandum of February 12, 2002: <br />Paul G. Bangel, County Attomey <br />William G. CoLins II, Deputy County Attorney* <br />Manan E Fell, Assistant County Attorney <br />*Board Certified, City, County and Local Government Law <br />MEMORANDUM <br />TO: The Board of County Commissioners <br />FROM: (f9L William G. Collins II — Deputy County Attorney <br />DATE: February 12, 2002 <br />SUBJECT: Compliance and Restoration Bonding for Carriage Lake at Vero, <br />L.C. <br />Prior to the issuance of a land development permit, Carriage Lake at Vero, L C <br />was required to post the necessary compliance and restoration bonds to <br />construct a lake within the existing approved planned development and to export <br />the fill from the site. Carriage Lake at Vero L C. has posted a cash bond in the <br />amount of $30,800 00 for compliance, a $12,300.00 cash bond for restoration, <br />and has executed a Cash Deposit and Escrow Agreement No PD -00-09-04 <br />(20010158) to guarantee compliance and restoration. <br />RECOMMENDATION: <br />Approve the attached Cash Deposit and Escrow Agreement No. PD -00-09-04 <br />(20010158) and authorize the Chairman of the Board to execute same. <br />FEBRUARY 19, 2002 <br />-21- <br />)40 <br />• <br />