Three-Year Maintenance Bond Posted for Madison Place 2A
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Description
The City of Ocean Springs received a three‑year $5,600 maintenance bond from Meritage Homes of Mississippi, Inc. for Madison Place Phase 2A. The bond provides financial security for maintenance of infrastructure associated with the eight-lot subdivision phase.
Contract Details
Vendor
MERITAGE HOMES OF MISSISSIPPI INC
Agency
City of Ocean Springs, MS
Contract Type
FINANCIAL_SERVICES
Document Date
April 14, 2026
Contract Term
3-year maintenance bond
Renewal Info
Three-year maintenance bond posted as required for Madison Place Phase 2A; renewal or replacement would be required only if city standards dictate security beyond the initial 3-year term.
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