City of North Myrtle Beach Planning Commission Agenda May 2026
Meritage Homes Posts $2.4M Bond for Waterside Phase 3A
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Description
Meritage Homes of the Carolinas LLC will provide a $2,436,530.23 subdivision bond to the City of North Myrtle Beach as a financial guarantee for infrastructure improvements in Waterside at Sycamore Phase 3A. The bond secures completion of required subdivision improvements in connection with Final Plat SUB-26-21.
Contract Details
Contract Amount
$2,436,530.23
Vendor
MERITAGE HOMES OF THE CAROLINAS LLC
Agency
City of North Myrtle Beach, SC
Contract Type
CONSTRUCTION
Document Date
May 18, 2026
Renewal Info
Single performance bond securing completion of subdivision improvements pursuant to § 20-36(2); not a renewable service contract.
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