SUBJECT
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Accept a one-year warranty and surety in the amount of $54,142.76 in the form of a cash surety for Providence Blvd. Collector Road, Phase 2-B (No fiscal Impact)
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DESCRIPTION
This request is to accept a one-year warranty and surety in the amount of $113,399.85 in the form of a cash surety, which represents 10% of the cost of the publicly dedicated infrastructure for ownership, operation and maintenance responsibilities Providence Blvd. Collector Road, Phase 2-B per Utilities Code Section 4.03.B.2. This warranty is for a one-year period beginning with the Board’s acceptance. The one-year warranty period begins on March 7, 2023 and ends on March 7, 2024.
RECOMMENDATION
Request Board accept a one-year warranty expiring on March 7, 2024 and a cash surety in the amount of $54,142.76 for Providence Blvd. Collector Road, Phase 2-B.
FISCAL IMPACT
No Fiscal Impact
CONTACT INFORMATION
Rita Karacson
Land Development Division
863-534-6794
ritakaracson@polk-county.net