SUBJECT
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Approve the release of a surety in the amount of $5,107,766.16 in the form of Performance Bond No. EACX4027715 Lake Deer Estates. (No fiscal impact)
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DESCRIPTION
On July 11, 2023, the Board accepted a performance surety bond in the amount of $5,107,766.16 for miscellaneous construction items. An inspection was performed on March 11, 2024, concerning the miscellaneous construction items. These items have been completed to the satisfaction of Polk County. The Land Development Division requests the Board release Performance Bond No. EACX4027715 in the amount of $5,107,766.16.
RECOMMENDATION
Request Board approve the release of Performance Bond No. EACX4027715 in the amount of $5,107,766.16 for Lake Deer Estates.
FISCAL IMPACT
No Fiscal Impact
CONTACT INFORMATION
Chrissy Irons
Land Development
863-534-6493
chrissyirons@polk-county.net <mailto:chrissyirons@polk-county.net>