Amendment of Resolution No. 2022-170 regarding the Regency Parc mixed use project

Summary

The City Commission of Coral Gables amends Resolution No. 2022-170 to allow for the issuance of a temporary certificate of occupancy for the Regency Parc project prior to the completion and conveyance of the public park, subject to a performance bond of $622,000. The amendment requires the developer to provide a surety bond to guarantee the completion of the park. The City Commission authorizes the City Manager to accept the performance bond and approves the amendment of Resolution No. 2022-170.

Details

Subject

Amendment of Resolution No. 2022-170 regarding the Regency Parc mixed use project

Summary

The City Commission of Coral Gables amends Resolution No. 2022-170 to allow for the issuance of a temporary certificate of occupancy for the Regency Parc project prior to the completion and conveyance of the public park, subject to a performance bond of $622,000. The amendment requires the developer to provide a surety bond to guarantee the completion of the park. The City Commission authorizes the City Manager to accept the performance bond and approves the amendment of Resolution No. 2022-170.

Vote Result

passed

Adopting Body

City Commission of the City of Coral Gables

Adoption Date

2026

Resolution Number

2026-R-