a. Performance and Payment Guarantees: Prior to commencing construction of the

Planning Commission · 2026-05-07 · agenda_item

This item concerns performance and payment guarantees for transportation improvements related to Hidden Creek Boulevard, specifically Segment B and Segment C. The developer must provide these guarantees to the County before starting construction. These guarantees ensure the developer meets legal obligations and completes contractual duties. The guarantees will be from an approved financial institution and will be for 125% of the construction contract amount. This process is currently under review by the Planning Commission. The work will involve the construction of alternative multiuse paths. This early stage presents an opportunity for contractors, suppliers, and service providers to engage with the developer and understand the project's scope and requirements before bids and permits are finalized.

guarantee percentage

125 %

release period

60 days