SUBJECT
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Accept Performance Surety in the amount of $15,492,376.71 in the form of Performance Bond No. FGAC-25480 for Groves at Grenelefe (No Fiscal Impact)
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DESCRIPTION
This request is to accept Performance Surety Bond No. FGAC-25480 in the amount of $15,492,376.71 for outstanding construction items listed in the engineer’s cost estimate. The Land Development Division has reviewed and recommends acceptance of this performance surety.
RECOMMENDATION
Request Board accept Performance Bond No. FGAC-25480 in the amount of $15,492,376.71 for Groves at Grenelefe.
FISCAL IMPACT
No Fiscal Impact
CONTACT INFORMATION
Rita Karacson
Land Development
863-534-6794
ritakaracson@polk-county.net <mailto:ritakaracson@polk-county.net>