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INSURANCEAPPROVED

Hernando County Board of County Commissioners Land Use Meeting Minutes 2026-02-03

Surety Bond for Oak Park Estates Released

$707,708.23Hernando CountyGREAT MIDWEST INSURANCE COMPANYFebruary 3, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Hernando County acknowledged completion of obligations under a $707,708.23 maintenance surety bond issued by Great Midwest Insurance Company for Oak Park Estates Subdivision. The Board’s approval releases the bond after the 18‑month maintenance period for subdivision infrastructure.

Contract Details

Contract Amount

$707,708.23

Vendor

GREAT MIDWEST INSURANCE COMPANY

Agency

Hernando County, FL

Contract Type

INSURANCE

Document Date

February 3, 2026

Contract Term

18 months from the date established by the County for the beginning of the maintenance period

Renewal Info

Bond obligated the surety to cover maintenance of subdivision improvements for 18 months from the County-established start of the maintenance period, with possible extensions by agreement; obligations are concluded with this release.

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