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POLK COUNTY · LOCALlocal legislationPassed
Passed

Acceptance of Performance Bond for 3955 Anchuca Industrial Facility

Original title: Accept Performance Surety in the amount of $53,469.08 in the form of Performance Bond No. 017264546 for 3955 Anchuca Industrial Facility. (No Fiscal Impact)

October 21, 2025

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The Frame

What this does

This action secures $53,469.08 in financial protection for the county to guarantee that construction or development obligations at the specified industrial site are fulfilled.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Property owner/developer of 3955 Anchuca Industrial Facility

They are required to provide the performance bond to the county to guarantee project completion.

County residents

They are protected by the bond, which ensures that industrial site improvements are completed without requiring public funds if the developer fails to perform.

What changed

Last recorded activity October 21, 2025.

What's next

Next step not available in the current record.

Summary

The Board of County Commissioners has formally accepted a performance bond worth $53,469.08 to ensure the completion of work at the 3955 Anchuca Industrial Facility.

Key Facts

  • The Board of County Commissioners approved the acceptance of a performance bond.
  • The bond amount is $53,469.08.
  • The bond is identified as Performance Bond No. 017264546.
  • The bond is associated with the 3955 Anchuca Industrial Facility.
  • The action is classified as having no fiscal impact on the county budget.
  • The file number for this action is 25-1931.
  • The item was processed as part of a consent agenda.
  • The action was introduced on October 8, 2025.

Frequently Asked Questions

What is a performance bond?
A performance bond is a financial guarantee provided by a developer or contractor to ensure that a project is completed according to agreed-upon standards and requirements.
Does this cost taxpayers money?
No, the document explicitly states there is no fiscal impact, meaning no county funds are being spent to accept this bond.

Why It Matters

This action secures $53,469.08 in financial protection for the county to guarantee that construction or development obligations at the specified industrial site are fulfilled.

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Connected Entities

other017264546The identification number for the performance bond.Map →
location3955 Anchuca Industrial FacilityThe specific property site associated with the performance bond.Map →
organizationBoard of County CommissionersThe governing body that approved the performance bond.Map →

Sources

Open source document

webapi.legistar.com

Analysis Score

0–100
  • Significance20
    How much this matters to a regular citizen
  • Controversy0
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz5
    Current news / social attention level

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