3. Approval to release Arch Insurance Company Bond in the current amount of $1,186,554.21 posted by Nicodemus Farm, LLC, to guarantee Public Improvements to Nicodemus Property, Phase 2, further described in PWA dated 06/26/14 and acceptance of Holden Road, Station 9+63 to 14+53, and Station 40+53 to 41.53; Blandwood Road, Station 1+27 to 5+66; Lindley Road, Station 9+85 to 17+65; East Church Street, Station 18+75 to 45+51; Gas House Pike, Station 0+00 to 12+54; Malbec Alley, Station 0+00 to 3+55 and Jerez Alley, Station 0+00 to 3+59 into the City’s System - The City of Frederick, MD

Meeting: Mayor and Board of Aldermen Public Meeting

Meeting Time: August 06, 2020 at 6:55pm EDT

Where: 101 North Court Frederick, Md 21701

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Agenda Item

3. Approval to release Arch Insurance Company Bond in the current amount of $1,186,554.21 posted by Nicodemus Farm, LLC, to guarantee Public Improvements to Nicodemus Property, Phase 2, further described in PWA dated 06/26/14 and acceptance of Holden Road, Station 9+63 to 14+53, and Station 40+53 to 41.53; Blandwood Road, Station 1+27 to 5+66; Lindley Road, Station 9+85 to 17+65; East Church Street, Station 18+75 to 45+51; Gas House Pike, Station 0+00 to 12+54; Malbec Alley, Station 0+00 to 3+55 and Jerez Alley, Station 0+00 to 3+59 into the City’s System

A.3