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Final Plat for Lake Hideaway Pod C
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BRIEF OVERVIEW
The final plat for Lake Hideaway Pod C project has been prepared and is ready for Board approval and signature. Lake Hideaway Community Development District (CDD) has posted a performance bond in the amount of $10,251,328.00 to secure the related subdivision. The developer is Hawk Lake Hideaway, LLC.
FINANCIAL IMPACT
There are no budgetary impacts associated with the recommended action.
LEGAL NOTE
The Board has the authority to act on this matter pursuant to Chapter 26, Code of Ordinances, and Chapter 125, Florida Statutes.
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RECOMMENDATION
It is recommended that the Board approve the final plat for Lake Hideaway Pod C, authorize the Chairman’s signature thereon, and accept the performance bond from Berkley Insurance Company in the amount of $10,251,328.00.