Loading...
HomeMy WebLinkAboutItem 02 Approval of a Two-Year Warranty Surety and Maintenance, Materials, and Workmanship Agreement for Wynwood PUD Phase 3 & 4 City of Ocoee ▪ 1 N. Bluford Avenue ▪ Ocoee, Florida 34761 Phone: (407) 905-3100 ▪ www.ocoee.org STAFF REPORT Meeting Date: May 20, 2025 Item #: 2 Contact Name: Martrivus Keaton Department Director: Ginger Corless Contact Number: Ext. 1088 City Manager: Craig Shadrix Subject: Approval of a Two-Year Warranty Surety and Maintenance, Materials, and Workmanship Agreement for Wynwood PUD Phase 3 & 4. (Development Engineer Keaton) Background Summary: Wynwood Subdivision is located in Commission District 4 and is divided into four (4) Phases. Phases 3 & 4 are made up of 187 detached single-family homes. The subject property is located on the south side of W. McCormick Rd. and west of N. Apopka Vineland Road. The developer has completed construction of the infrastructure improvements for the subdivision and has requested a Certificate of Completion. The infrastructure improvements include potable water, sanitary sewer, reclaimed water, utilities, the roadways, stormwater collection system, perimeter wall/fencing, and associated landscaping. All identified punch list repairs have been completed, and the developer is ready to start the two-year warranty period for the public improvements. As a requirement of the Land Development Code, the developer is required to furnish the City with a Surety to cover any possible damages discovered during the next two years. Should the developer not choose to make those repairs, JTD Land at Wynwood, LLC, has provided the City with a Letter of Credit in the amount of 10% of the constructed improvements. The attached Maintenance, Materials, and Workmanship Agreement (Form 8 from the Land Development Code) acts as the executable document between the developer and the City. The Surety will be returned to the developer upon completion of the two-year warranty period and the repair of any damages caused over those two years. Additionally, the developer has furnished the City with a separate Surety to cover the construction cost of adding the second lift of asphalt to all the public streets of the subdivision. This arrangement will ensure that the final road surface is not worn or scarred during the construction of the homes. The attached Maintenance, Materials, and Workmanship Agreement for Asphalt acts as the executable document between the developer and the City in the event the developer fails to provide the second lift of asphalt within two years of the issuance of the Certificate of Completion or when 80% of the homes have received Certificates of Occupancy. The Surety will be returned to the developer upon completion of the warranty period and the repair of any damages caused over that period. Issue: Should the City accept the Surety as provided by JTD Land at Wynwood, LLC, for the two-year warranty for Wynwood PUD - Phase 3 & 4 and execute the Maintenance, Materials, and Workmanship Agreement; and should the City accept the Surety as provided by JTD Land at Wynwood, LLC for the Maintenance, Materials, and Workmanship Agreement for Asphalt for Wynwood PUD - Phase 3 & 4 and execute the Maintenance, Materials, and Workmanship Agreement for Asphalt with JTD Land at Wynwood, LLC? City of Ocoee ▪ 1 N. Bluford Avenue ▪ Ocoee, Florida 34761 Phone: (407) 905-3100 ▪ www.ocoee.org Recommendations: The Development Services Department recommends the Honorable Mayor and City Commissioners approve the Surety and the execution of the Maintenance, Materials, and Workmanship Agreement with JTD Land at Wynwood, LLC, for the Wynwood PUD - Phase 3 & 4; and recommends the acceptance of the Surety and the execution of the Maintenance, Materials, and Workmanship Agreement for Asphalt with JTD Land at Wynwood, LLC for Wynwood Subdivision - Phase 3 & 4. Attachments: 1. MMW Agreement - 2nd lift of asphalt 2. MMW LOC - 2 year agreement 3. MMW Agreement - 2 year agreement 4. MMW LOC - 2nd lift of asphalt Financial Impacts: There are no financial impacts to the City in accepting this two-year warranty Surety. Type of Item: Consent