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Final Plat for Kensington Woods
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BRIEF OVERVIEW
Kensington Woods is a 139-lot subdivision. The plat has been prepared and is ready for Board approval and signature. The developer, Lucky Lane Holdings Inc, has posted a performance bond in the amount of $4,163,395.00 to secure the related subdivision.
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 Kensington Woods and accept the performance bond from Lucky Lane Holdings, LLC in the amount of $4,163,395.00.