Cities Index.
Att 6 - Subdivision Agreement Signed for FM 5415.pdf

City Council/Public Finance and Economic Development Authority/Parking Authority
May 6, 2024

Document
Att 6 - Subdivision Agreement Signed for FM 5415.pdf
Meeting
May 6, 2024
Body
City Council/Public Finance and Economic Development Authority/Parking Authority
Original file
2.1 MB
Text extracted from the city's file for reading and search. Open the original on cityofmerced.legistar1.com. That file is the official record.

ATTACHMENT 6 (Agenda Item I.13)

EXHIBIT A
Renaissance 154 Ph 5
The securities for this subdivsiion shall be according, or equivalent to, either Method 1 or Method 2 below.

Engineer's Estimate
$615,613.90
jone-Year Warranty Bond*
METHOD 1
Labor & Materials
Performance Bond Bond
$615,613.90 $307,806.95
$92,342.09
*shall be provided prior to a Notice of Completion being filed METHOD 2
Cash/Credit Security
$738,736.68

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