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HomeMy WebLinkAboutSUB200500397 Bond Reduction 2016-11-10COUNTY OF ALBEMARLE Department of Community Development 401 McIntire Road Charlottesville, Virginia 22902 10 November 2016 Dale Ludwig 8 Oak Grove Road Palmyra, VA 22963 dludwigAtheolMpiacompanies. com Re: Bond reduction request for Country Green Cottages Thank you for the documentation regarding completion of Country Green Cottages. '1'lus bond is currently at the original amount of $102,260.00. The Bond can now be reduced to $20,452.00 (the minimum 20% of original bond amount). There are several stop signs and speed limit signs not installed and the stop sign at the entrance will need to be reinstalled. The total bond can be released once these items are complete and the roads have been accepted into the secondary system by VDOT. Please contact me if you have questions. Sincerely, Matt Wentland, PE Civil Engineer H Copy: Ana Kilmer, File