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Final Plat for Glen Lakes Commons
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BRIEF OVERVIEW
The final plat for Glen Lakes Commons has been prepared and is ready for Board approval and signature. The developer, Glen Lakes Commons, LLC has posted a performance bond in the amount of $2,243,230.00 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 Glen Lakes Commons and accept the performance bond from Glen Lakes Commons, LLC in the amount of $2,243,230.00.