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Rincon City Council Agenda January 2026

City Accepts Dasher Creek Bonds from Simcoe Investment Group

$975,000.00 (Completion Bond – Pump Station), $38,850.00 (Completion Bond – Landscaping), $1,777,515.00 (Maintenance Bond – Infrastructure)City of RinconSIMCOE INVESTMENT GROUP LLCJanuary 12, 2026

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Derivita logo
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Description

Rincon City Council accepted three bonds from Simcoe Investment Group, LLC for the Dasher Creek Subdivision: a $975,000 completion bond for the pump station, $38,850 for landscaping, and a $1,777,515 maintenance bond for infrastructure.

Contract Details

Contract Amount

$975,000.00 (Completion Bond – Pump Station), $38,850.00 (Completion Bond – Landscaping), $1,777,515.00 (Maintenance Bond – Infrastructure)

Vendor

SIMCOE INVESTMENT GROUP LLC

Agency

City of Rincon, GA

Contract Type

OTHER

Document Date

January 12, 2026

Renewal Info

Bonds are in effect to guarantee completion and maintenance for required periods per subdivision agreement, but term specifics are not stated.

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