SUBJECT
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Approve the release of a warranty and surety in the amount of $41,548.20 in the form of Maintenance Bond No. 016244304 for Lake Gibson Apartments. (No Fiscal Impact)
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DESCRIPTION
On January 21, 2025, the Board accepted Maintenance Bond No. 016244304 in the amount of $41,548.20. A warranty inspection was performed on March 3, 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. 016244304 in the amount of $41,548.20.
RECOMMENDATION
Request Board approve the release of Maintenance Bond No. 016244304 in the amount of $41,548.20 for Lake Gibson Apartments.
FISCAL IMPACT
No Fiscal Impact
CONTACT INFORMATION
Isis Zayas
Land Development
863-534-6012
isiszayas@polkfl.gov <mailto:isiszayas@polkfl.gov>