SUBJECT
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Approve the release of a surety in the amount of $1,485,303.70 in the form of Performance Bond No. SU1189282 for Marion Creek Estates Phase 1. (No fiscal impact)
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DESCRIPTION
On July 11, 2023, the Board accepted a performance surety bond in the amount of $1,485,303.70 for miscellaneous construction items. An inspection was performed on March 25, 2024, concerning the miscellaneous construction items. These items have been completed to the satisfaction of Polk County. The Land Development Division requests the Board release Performance Bond No. SU1189282 in the amount of $1,485,303.70.
RECOMMENDATION
Request Board approve the release of Performance Bond No. SU1189282 in the amount of $1,485,303.70 for Marion Creek Estates Phase 1.
FISCAL IMPACT
No Fiscal Impact
CONTACT INFORMATION
Chrissy Irons
Land Development
863-534-6493
chrissyirons@polk-county.net <mailto:chrissyirons@polk-county.net>