SUBJECT
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Accept a one-year warranty and surety bond No 21BSBIV1365 in the amount of $31,788.54 for Legacy Union Townhomes. (No fiscal Impact)
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DESCRIPTION
This request is to accept a one-year warranty and surety bond No.21BSBIV1365 in the amount of $31,788.54, which represents 10% of the cost of the publicly dedicated infrastructure for ownership, operation and maintenance responsibilities for Legacy Union Townhomes per Utilities Code Section 4.03.B.2. This warranty is for a one-year period beginning with the Board’s acceptance. This one-year warranty period begins on September 6, 2022, and ends on September 6, 2023.
RECOMMENDATION
Request Board accept a one-year warranty expiring on September 6, 2023, and a surety bond No. 21BSBIV1365 in the amount of $31,788.54 for Legacy Union Townhomes.
FISCAL IMPACT
No Fiscal Impact
CONTACT INFORMATION
Rita Karacson
Land Development Division
863-534-6794
ritakaracson@polk-county.net