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AI- 9634   3. I.    
Commissioners Court - Regular
Meeting Date: 07/11/2018  
Approve Surety Bond - Patriot Wind Farm, LLC
Submitted By: Yolanda Moreno, Public Works
Department: Public Works  

Information
RECOMMENDATION
Discuss and consider the approval of a Surety Bond in Support of the April 25, 2018 Amendment to the Road Improvements and Maintenance Agreement with Patriot Wind Farm, LLC, dated May 8, 2017.
BACKGROUND
A Surety Payment Bond No. SU1125364 in the amount of $200,000 on behalf of Patriot Wind Farm, LLC in favor of Nueces County, Texas
DISCUSSION
The Surety Bond by Patriot Wind Farm, LLC and Arch Insurance Company of Missouri to Perform Road Improvements and Maintenance on designated roads as defined in Agreement dated May 5, 2017 and will remain in effect for the definite period of June 8, 2018 to June 8, 2019, and can be extended at the sole option of the Surety by continuation of certificate for additional periods from the expiry hereof.

Budget Information
Information about available funds
Budgeted: Funds Available: Adjustment: Amount Available:
Unbudgeted: Funds NOT Available: Amendment:
Account Code(s) for Available Funds
1:
Fund Transfers
Fiscal Impact:
None

Attachments
Surety Bond - Patriot Wind Farm, LLC

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