SUBJECT
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Accept Performance Surety in the amount of $724,360.43 in the form of Performance Bond No. 47SUR300214011189 for Keen’s Grove Plat. (No Fiscal Impact)
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DESCRIPTION
This request is to accept Performance Surety Bond No. 47SUR300214011189 in the amount of $724,360.43 for outstanding construction items listed in the engineer’s cost estimate. On January 21, 2025, the Board approved Keen’s Grove Plat for conditional approval. The Land Development Division has reviewed and recommends acceptance of this performance surety.
RECOMMENDATION
Request Board accept Performance Bond No. 47SUR300214011189 in the amount of $724,360.43 for Keen’s Grove Plat.
FISCAL IMPACT
No Fiscal Impact
CONTACT INFORMATION
Rebecca Marvin
Land Development
863-534-6490
rebeccamarvin@polk-county.net