Civic IQ
OTHERAPPROVED

Valparaiso City Utilities Board of Directors Minutes January 13, 2026

Developer Olthof Homes Delivers Maintenance Bond for Sewer Asset

$285,363.00 (maintenance bond value is 10% of this, i.e., $28,536.30)Damon Run Conservancy DistrictOLTHOF HOMESJanuary 13, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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IANS Research logo

Description

Olthof Homes provided a 1-year, 10% maintenance bond ($28,536.30) for the Midwood Terrace Phase 1 storm sewer, as required for asset acceptance.

Contract Details

Contract Amount

$285,363.00 (maintenance bond value is 10% of this, i.e., $28,536.30)

Vendor

OLTHOF HOMES

Agency

Damon Run Conservancy District, IN

Contract Type

OTHER

Document Date

January 13, 2026

Contract Term

1-year maintenance bond

Renewal Date

2027-01-13

Renewal Info

1-year maintenance bond, standard for new infrastructure acceptance.

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