Approve the release of a surety in the amount of $214,425.00 in the form of Performance Bond No. GM236748 for 7-Eleven #42613 (aka Traditions Retail). (No Fiscal Impact)

Board of County Commissioners · 2026-08-04 · agenda_item

This item concerns the potential release of a $214,425.00 performance bond for 7-Eleven #42613, also known as Traditions Retail. The bond is in the form of Performance Bond No. GM236748. This matter is currently pending before the Board of County Commissioners, Polk County. While this item does not involve new construction, the release of a performance bond often signifies the completion of required site improvements or construction phases. This could involve final inspections, landscaping completion, or other project close-out activities. Businesses involved in site preparation, utility work, paving, or final landscaping may have previously supplied services or materials for this project. Understanding the status of such bonds can provide insight into the final stages of development projects.

surety

214425.00 $