SUBJECT
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Accept a one-year warranty and surety in the amount of $5,667.07 in the form of Maintenance Bond No. 100277329 for RCMA Daycare Expansion. (No fiscal impact)
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DESCRIPTION
This request is to accept a one-year warranty and surety in the amount of $5,667.07 in the form of Maintenance Bond No. 100277329, which represents 10% of the cost of the publicly dedicated infrastructure for ownership, operation, and maintenance responsibilities RCMA Daycare Expansion 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 July 16, 2024, and ends on July 16, 2025.
RECOMMENDATION
Request Board accept a one-year warranty expiring on July 16, 2025, and a Maintenance Bond in the amount of $5,667.07 for RCMA Daycare Expansion.
FISCAL IMPACT
No fiscal impact.
CONTACT INFORMATION
Chrissy Irons
Land Development
863-534-6493
chrissyirons@polk-county.net