Performance bond accepted for Tournament Trails Center PD
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Description
Council will approve engineering plans for the Tournament Trails Center P.D. project and accept a $112,500.00 performance bond from Merchants National Bonding, Inc. as security for required infrastructure improvements. All development improvement costs are to be borne by the developer.
Contract Details
Contract Amount
$112,500.00
Vendor
MERCHANTS NATIONAL BONDING INC
Agency
City of Memphis, TN
Contract Type
FINANCIAL_SERVICES
Document Date
May 26, 2026
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