SUBJECT
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Approve the release of a warranty and surety in the amount of $79,958.50 in the form of Maintenance Bond No. 30152647-M for Hickory Ranch Phase 1. (No Fiscal Impact)
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DESCRIPTION
On November 21, 2023, the Board accepted Maintenance Bond No. 30152647-M in the amount of $79,958.50. A warranty inspection was performed on June 2, 2026, 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. 30152647-M in the amount of $79,958.50.
RECOMMENDATION
Request Board approve the release of Maintenance Bond No. 30152647-M in the amount of $79,958.50 for Hickory Ranch Phase 1.
FISCAL IMPACT
No Fiscal Impact
CONTACT INFORMATION
Chrissy Irons
Land Development
863-534-6493
chrissyirons@polkfl.gov <mailto:chrissyirons@polkfl.gov>