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File #: 25-1770   
Type: Consent Agenda Status: Passed
File created: 9/23/2025 In control: Board of County Commissioners
On agenda: 10/7/2025 Final action: 10/7/2025
Title: Approve the release of a surety in the amount of $2,785,273.37 in the form of Performance Bond No. 41K236939 for Banana Road\Millstone. (No Fiscal Impact)
Attachments: 1. Banana Road-Millstone Performance Surety Release

SUBJECT

title

Approve the release of a surety in the amount of $2,785,273.37 in the form of Performance Bond No. 41K236939 for Banana Road\Millstone. (No Fiscal Impact)

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DESCRIPTION

On March 19th, 2024, the Board accepted a performance surety bond in the amount of $2,785,273.37 for miscellaneous construction items. An inspection was performed on May 7th, 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. 41K236939 in the amount of $2,785,273.37.

 

RECOMMENDATION

Request Board approve the release of Performance Bond No. 41K236939 in the amount of $2,785,273.37 for Banana Road\Millstone

 

FISCAL IMPACT

No Fiscal Impact

 

CONTACT INFORMATION

Rita Karacson

Land Development

863-534-6794

Ritakaracson@polk-county.net <mailto:Ritakaracson@polk-county.net>