Owasso City Council Agenda Packet 2026-06-02
Maintenance Bond Issued for Copper Trail Public Infrastructure
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Description
Merchants National Bonding Inc. has provided a $333,187 two-year maintenance bond for public infrastructure at Copper Trail Townhomes, formerly Villas @ Stonebridge II. The City Attorney approved the bond, ensuring coverage for defects post-acceptance.
Contract Details
Contract Amount
$333,187.00 (bond amount)
Vendor
MERCHANTS NATIONAL BONDING INC
Agency
City of Owasso, OK
Contract Type
INSURANCE
Document Date
June 2, 2026
Contract Term
2 years (maintenance bond)
Renewal Date
2028-05-28
Renewal Info
Bond covers two years after City acceptance of improvements for any defects in workmanship or materials.
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