SUBJECT
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Approve the release of a warranty and surety in the amount of $54,910.00 in the form of Maintenance Bond No. GM226218 for Magnolia Estates. (No Fiscal Impact)
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DESCRIPTION
On December 2, 2024, the Board accepted Maintenance Bond No. GM226218 in the amount of $54,910.00. A warranty inspection was performed on February 17, 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. GM226218 in the amount of $54,910.00.
RECOMMENDATION
Request Board approve the release of Maintenance Bond No. GM226218 in the amount of $54,910.00 for Magnolia Estates.
FISCAL IMPACT
No Fiscal Impact
CONTACT INFORMATION
Chrissy Irons
Land Development
863-534-6493
chrissyirons@polkfl.gov <mailto:chrissyirons@polkfl.gov>