SUBJECT
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Accept a two-year warranty and surety in the amount of $56,163.20 in the form of Maintenance Bond No. GM240770 for Providence Self Storage. (No fiscal Impact)
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DESCRIPTION
This request is to accept a two-year warranty and surety in the amount of $56,163.20 in the form of Maintenance Bond No. GM240770, which represents 100% of the cost of the publicly dedicated infrastructure for ownership, operation and maintenance responsibilities for Providence Self Storage per Utilities Code Section 4.03.B.2. This warranty is for a two-year period beginning with the Board’s acceptance. This two-year warranty period begins on April 15, 2025, and ends on April 15, 2027.
RECOMMENDATION
Request Board accept a two-year warranty expiring on April 15, 2027, and a Maintenance Bond in the amount of $56,163.20 for Providence Self Storage.
FISCAL IMPACT
No Fiscal Impact
CONTACT INFORMATION
Chrissy Irons
Land Development
863-534-6493
chrissyirons@polk-county.net <mailto:chrissyirons@polk-county.net>