Glynn County Board of Commissioners Agenda Item Report FP-26-1 Altama Phase 1 Final Plat 2026-04-16
Developer Bond Obligations Accepted for Altama Phase 1 Phase 1 Improvements
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Description
Glynn County accepted a performance bond with HIC Altama, LLC as principal to ensure $1,248,500 improvements for Altama Phase 1 are completed within one year.
Contract Details
Contract Amount
$1,248,500.00
Vendor
HIC ALTAMA LLC
Agency
Glynn County, GA
Contract Type
OTHER
Document Date
April 16, 2026
Contract Term
One year from date of issuance
Renewal Date
2027-04-16
Renewal Info
One-year project security obligation; no explicit renewal clause stated.
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