SUBJECT
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Approve the release of a warranty and surety in the amount of $187,040.45 in the form of Maintenance Bond No. LICX1984330 Cascades Subdivision Phase 3. (No fiscal impact)
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DESCRIPTION
On February 18, 2025, the Board accepted Maintenance Bond No. LICX1984330 in the amount of $187,040.45. A warranty inspection was performed on March 11, 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. LICX1984330 in the amount of $187,040.45.
RECOMMENDATION
Request Board approve the release of Maintenance Bond No. LICX1984330 in the amount of $187,040.45 Cascades Subdivision Phase 3.
FISCAL IMPACT
No Fiscal Impact
CONTACT INFORMATION
Chrissy Irons
Land Development
863-534-6493
chrissyirons@polkfl.gov <mailto:chrissyirons@polkfl.gov>