Council Reduces The Townes at Seabrooke Surety Bond
Town of LelandCity · Leland, NC- Disclosed value
- $20,566.25 new surety bond; prior surety bond $595,324.00
- From agenda
- Document date
- Oct 15, 2026
The 30-second brief
The Leland Town Council approved reducing HIC Cypress Cove, LLC's performance guarantee for Phase 1 of The Townes at Seabrooke. The subdivider will replace the prior $595,324 bond with a $20,566.25 surety bond covering remaining sidewalks and ADA curb ramps.
Hic Cypress Cove LLC holds this contract with Town of Leland.
Term as filed: Original performance guarantee agreement dated March 21, 2024; replacement agreement authorized October 15, 2026.
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Contract details
- Amount
- $20,566.25 new surety bond; prior surety bond $595,324.00
- Document date
- October 15, 2026
- Term
- Original performance guarantee agreement dated March 21, 2024; replacement agreement authorized October 15, 2026
- Vendor
- Hic Cypress Cove LLC
- Agency
- Town of Leland
- Source document
- Town of Leland Agenda 2026-10-15 (Agenda)
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Questions about this contract
Who was awarded the government contract by Town of Leland?
Hic Cypress Cove LLC was awarded this government contract by Town of Leland, as recorded on October 15, 2026. The contract value is $20,566.25 new surety bond; prior surety bond $595,324.00.
How much is the Hic Cypress Cove LLC contract with Town of Leland worth?
The Hic Cypress Cove LLC contract with Town of Leland is valued at $20,566.25 new surety bond; prior surety bond $595,324.00.
What type of contract is this?
This is a government contract, documented as a agenda record.
Where was this contract approved?
This contract appears in Town of Leland Agenda 2026-10-15 (Agenda), dated October 15, 2026 from Town of Leland. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Hic Cypress Cove LLC hold?
Hic Cypress Cove LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Town of Leland currently buying?
Explore Town of Leland's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.