SUBJECT
title
Approve the release of a surety in the amount of $5,693,471.50 in the form of Performance Bond No. FGAC-25005 for Garden Hills at Providence Phase 3. (No fiscal impact)
body
DESCRIPTION
On February 6, 2025, the Board accepted a performance surety bond in the amount of $5,693,471.50 for miscellaneous construction items. Inspections were performed 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. FGAC-25005 in the amount of $5,693,471.50.
RECOMMENDATION
Request Board approve the release of Performance Bond No. FGAC-25005 in the amount of $5,693,471.50 for Garden Hills at Providence Phase 3.
FISCAL IMPACT
No Fiscal Impact
CONTACT INFORMATION