Glynn County Board of Commissioners Minutes April 2026
Developer Posts $1.25M Bond for Altama Improvements
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Description
Glynn County approved HIC Altama, LLC as principal on a $1,248,500 performance bond supporting Altama Phase 1 improvements. The bond backs completion of subdivision infrastructure within one year.
Contract Details
Contract Amount
$1,248,500.00 performance bond (as principal)
Vendor
HIC ALTAMA LLC
Agency
Glynn County, GA
Contract Type
FINANCIAL_SERVICES
Document Date
April 16, 2026
Contract Term
Improvements to be completed within one year of date of issuance
Renewal Info
Performance bond remains until obligations are fulfilled; not structured as a renewable service contract.
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