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Final Plat for Caldera Phase 5
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BRIEF OVERVIEW
The final plat for Caldera Phase 5 has been prepared and is ready for Board approval and signature. The developer, Pulte Home Company, LLC has posted a performance bond in the amount of $2,113,880.25 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 Caldera Phase 5, authorize the Chairman’s signature thereon, and accept the performance bond from The Continental Insurance Company in the amount of $2,113,880.25.