SUBJECT
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Approve the release of a surety in the amount of $1,999,648.70 in the form of Performance Bond No. 024271742 for Hancock Crossing. (No Fiscal Impact)
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DESCRIPTION
On February 6, 2024, the Board accepted a performance surety bond in the amount of $1,999,648.70 for miscellaneous construction items. Inspections were performed concerning the miscellaneous construction items, until the recorded annexation to City of Bartow on April 26, 2024. The Land Development Division requests the Board release Performance Bond No. 024271742 in the amount of $1,999,648.70.
RECOMMENDATION
Request Board approve the release of Performance Bond No. 024271742 in the amount of $1,999,648.70 for Hancock Crossing.
FISCAL IMPACT
No Fiscal Impact
CONTACT INFORMATION
Chrissy Irons
Land Development
863-534-6493
chrissyirons@polk-county.net <mailto:chrissyirons@polk-county.net>