SUBJECT
title
Accept a one-year warranty and surety in the amount of $32,723.91 in the form of Maintenance Bond No. LICX1986844 for Cadence Crossing Ph 2 & 3 (FKA K-Ville Ph 2 & 3). (No Fiscal Impact)
body
DESCRIPTION
This request is to accept a one-year warranty and surety in the amount of $32,723.91 in the form of Maintenance Bond No. LICX1986844, which represents 10% of the cost of the publicly dedicated infrastructure for ownership, operation and maintenance responsibilities for Cadence Ph 2 & 3 (FKA K-Ville Ph 2 & 3) per Land Development Code Section 909.D.6. This warranty is for a one-year period beginning with the Board’s acceptance. This one-year warranty period begins on October 21, 2025, and ends on October 21, 2026.
RECOMMENDATION
Request Board accept a one-year warranty expiring on October 21, 2026, and a Maintenance Bond in the amount of $32,723.91 for Cadence Crossing Ph 2 & 3 (FKA K-Ville Ph 2 & 3).
FISCAL IMPACT
No Fiscal Impact
CONTACT INFORMATION
Juana Bustos
Land Development
863-534-6490
juanabustos@polk-county.net <mailto:juanabustos@polk-county.net>