Comal County commissioners are scheduled to decide Oct. 1 whether to accept a one-year extension of the Lark Canyon Unit 2 construction bond.
If approved, the certificate would keep a $2,458,913.67 surety ceiling in place for Lark Canyon Unit 2 through Nov. 18, 2027.
Westwood’s Sept. 8 estimate lists streets, drainage, sewer, water, dry utilities and miscellaneous work at 0% complete.
What the guarantee covers
The guarantee calculation adds a 10% contingency to each category. Sewer carries the largest guaranteed amount at $570,757.18, followed by drainage at $509,085.06, streets at $488,816.25 and miscellaneous work at $487,611.85. Water and dry utilities account for the balance.
The recorded plat establishes Lark Canyon Unit 2 as a 14.619-acre, 63-lot subdivision with 60 buildable lots. It identifies Meritage Homes of Texas LLC as the owner and describes the proposed use as single-family residential.