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 release of a surety bond for 7-Eleven #42613, also known as Traditions Retail. The bond amount is $214,425.00. This action is an approval by the Board of County Commissioners, Polk County. This means that a project associated with Traditions Retail has reached a stage where financial assurances are no longer required. The work this project involved is likely complete. This is a final step in a development process. Local contractors, trades, suppliers, and service providers who worked on or supplied materials for the Traditions Retail project may find this approval marks the end of their contractual obligations. It is an opportunity to ensure all accounts are settled and to maintain good standing for future projects.

surety

214,425.00 $