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2022-0044HILLSBOROUGH COUNTY · LOCALSession 2022local legislationUNKNOWN
Local Impact

Valencia Del Sol Lane Ownership and Warranty Update

Original title: 2022-0044: Valencia Del Sol Lane Owner Change Approved

March 10, 2022

infrastructurereal estatecounty governmentpermitting

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The Frame

What this does

This decision transfers legal responsibility for the project's infrastructure warranty and maintenance from the previous owner to Hillsborough County Associates IV, LLLP, ensuring the county holds an $8,270 for the lane's upkeep.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Hillsborough County Associates IV, LLLP

They are the new developer and owner responsible for the project's warranty and financial security.

US 301, LLC

They are the previous owner whose bonds are being released following the ownership transfer.

What changed

Last recorded activity March 10, 2022.

What's next

Next step not available in the current record.

Summary

The County has approved a change in ownership for the Valencia Del Sol 19th Ave East Bound project. This action updates the project's financial security agreements and authorizes the Development Services Department to manage future maintenance and warranty inspections.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Why It Matters

This decision transfers legal responsibility for the project's infrastructure warranty and maintenance from the previous owner to Hillsborough County Associates IV, LLLP, ensuring the county holds an $8,270 for the lane's upkeep.

Frequently Asked Questions

What happens to the old warranty bond?
The previous owner's bonds are released once the new agreement and financial security from the new owner are accepted.
Who is responsible for the lane's maintenance?
The Development Review Division of the Development Services Department is authorized to accept the paving improvements for maintenance once all documentation is approved and construction is finalized.

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Connected Entities

organizationLevelUp Consulting LLC“Engineer”Map →
organizationDevelopment Review Division“Responsible for accepting the project”Map →
organizationBerkley Insurance Company“Provided warranty security”Map →
dateMarch 9, 2021“Date of approval”Map →
dollar_amount$8,270.00“Warranty bond amount”Map →
organizationBoard of County Commissioners“Approved the project”Map →
organizationHillsborough County Associates IV, LLLP“New owner”Map →
organizationDevelopment Services Department“Department overseeing the Development Review Division”Map →
organizationUS 301, LLC“Previous owner”Map →

Sources

Open source document

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Analysis Score

0–100
  • Significance30
    How much this matters to a regular citizen
  • Controversy5
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz10
    Current news / social attention level

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