Approve the release of a warranty and surety in the amount of $41,548.20 in the form of Maintenance Bond No. 016244304 for Lake Gibson Apartments. (No Fiscal Impact)

Board of County Commissioners · 2026-06-16 · agenda_item

The Board of County Commissioners, Polk County, has approved the release of a warranty and surety for Lake Gibson Apartments. This action involves a Maintenance Bond in the amount of $41,548.20. This item is now approved. The project involves the final release of financial guarantees related to the construction of the Lake Gibson Apartments. This stage typically follows the completion of all construction and landscaping, and the successful passing of final inspections. While no new construction work is initiated by this approval, it signifies the conclusion of the development phase for this project. Contractors, suppliers, and service providers who previously worked on the Lake Gibson Apartments project may find this information relevant for final administrative or financial matters. Early engagement with project owners or managers during the development phase is advantageous for securing future work.

warranty and surety amount

41548.20 $