SUBJECT
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Accept Performance Surety in the amount of $2,367,755.54 in the form of Performance Bond No. US00145971SU25A for Fox Branch Ranch Phase 2. (No Fiscal Impact)
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DESCRIPTION
This request is to accept Performance Surety Bond No. US00145971SU25A in the amount of $2,367,755.54 for outstanding construction items listed in the engineer’s cost estimate. On February 4, 2025, the Board approved the Fox Branch Ranch Phase 2 Plat for conditional approval. The Land Development Division has reviewed and recommends acceptance of this performance surety.
RECOMMENDATION
Request Board accept Performance Bond No. US00145971SU25A in the amount of $2,367,755.54 for Fox Branch Ranch Phase 2.
FISCAL IMPACT
No Fiscal Impact
CONTACT INFORMATION
Chrissy Irons
Land Development
863-534-6493
chrissyirons@polk-county.net <mailto:chrissyirons@polk-county.net>