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Final Plat for Verano Phase 2
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BRIEF OVERVIEW
Verano Phase 2 is a 111-lot residential subdivision. The plat has been prepared and is ready for Board approval and signature. The developer, Lennar Homes, LLC has posted a performance bond in the amount of $1,159,835.69 to secure the related subdivision improvements.
FINANCIAL IMPACT
There are no budgetary impacts associated with the recommended action.
LEGAL NOTE
The Board has the authority to take the recommended action 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 Verano Phase 2 and accept the performance bonds placed by the developer for the on-and-off-site improvements in accordance with the Hernando County Code of Ordinances.