SUBJECT
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Approve the release of a surety in the amount of $1,495,929.87 in the form of Performance Bond No. 4469896 for Danbury Townhomes (aka Danbury @ Ridgewood Lakes). (No Fiscal Impact)
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DESCRIPTION
On October 17, 2023, the Board accepted a performance surety bond in the amount of $1,495,929.87 for miscellaneous construction items. An inspection was performed on January 31, 2025, 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. 4469896 in the amount of $1,495,929.87.
RECOMMENDATION
Request the Board approve the release of Performance Bond No. 4469896 in the amount of $1,495,929.87 for Danbury Townhomes (aka Danbury @ Ridgewood Lakes).
FISCAL IMPACT
No Fiscal Impact
CONTACT INFORMATION
Chrissy Irons
Land Development
863-534-6493
chrissyirons@polk-county.net <mailto:chrissyirons@polk-county.net>