SUBJECT
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Approve the release of a warranty and surety in the amount of $50,540.12 in the form of Maintenance Bond No. LICX1204974 Festival Phase 4. (No fiscal impact)
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DESCRIPTION
On July 6, 2021, the Board accepted Maintenance Bond No. LICX1204974 in the amount of $50,540.12. A warranty inspection was performed on August 8, 2022 concerning all items listed in the engineer’s cost estimate. These items have been completed to the satisfaction of Polk County. The Land Development Division requests the Board release Maintenance Bond No. LICX1204974 in the amount of $50,540.12.
RECOMMENDATION
Request Board approve the release of Maintenance Bond No. LICX1204974 in the amount of $50,540.12 for Festival Phase 4.
FISCAL IMPACT
No Fiscal Impact
CONTACT INFORMATION
Chrissy Irons
Land Development Division
863-534-6493
chrissyirons@polk-county.net