Approve the release of a surety in the amount of $1,330,111.94 in the form of Performance Bond No. DUA003200 for Fox Branch Phase 1B. (No Fiscal Impact)

Board of County Commissioners · 2026-06-02 · agenda_item

The Board of County Commissioners, Polk County, has approved the release of a surety for Fox Branch Phase 1B. This approval means that a performance bond in the amount of $1,330,111.94 is being released. This project stage suggests that initial construction or development work has been completed and is being finalized. The release of the surety indicates the project is moving towards completion, potentially involving final inspections, punch list items, and the return of the site to its final condition. Contractors involved in site preparation, grading, utility work, paving, and landscaping may have been part of this phase. Local businesses specializing in construction, site services, and material supply could find opportunities as projects like this conclude and move into final stages. Early engagement with project managers or developers before final permits are closed can be advantageous.