SUBJECT
title
Accept a one-year warranty and surety in the amount of $232,772.34 in the form of Maintenance Bond No. PB11511003821 for Hillpointe Davenport - Gaines Road. (No Fiscal Impact)
body
DESCRIPTION
This request is to accept a one-year warranty and surety in the amount of $232,772.34 in the form of Maintenance Bond No. PB11511003821, which represents 100% of the cost of the publicly dedicated infrastructure for ownership, operation and maintenance responsibilities for Hillpointe Davenport - Gaines Road per Utilities Code Section 4.03.B.2. This warranty is for a one-year period beginning with the Board’s acceptance. This one-year warranty period begins on May 20, 2025 and ends on May 20, 2026.
RECOMMENDATION
Request Board accept a one-year warranty expiring on May 20, 2026 and a Maintenance Bond in the amount of $232,772.34 for Hillpointe Davenport - Gaines Road.
FISCAL IMPACT
No Fiscal Impact
CONTACT INFORMATION
Chrissy Irons
Land Development
863-534-6493
chrissyirons@polk-county.net <mailto:chrissyirons@polk-county.net>