Developer improvement construction and assurance agreement

What the record says#

• The agreement identifies approximately 525 acres and recounts the rezoning, development-agreement and land-acquisition history.

  PDF page 1

• The agreement requires a security bond of at least 125% of the estimated required-improvement cost, with the amount determined or agreed to by the county in writing.

  PDF page 6

• Before drawing on the security bond, the county must give the issuer and developer the described 30-day notice; the agreement addresses stopping work during that period unless the county agrees otherwise.

  PDF page 6

• For each phase, the agreement requires county inspection and correction of punch-list items. It states that no certificate of occupancy will issue for that phase before the county certifies completion of required improvements.

  PDF page 7

• Assurance reductions require completed and accepted improvements and county approval; requests may occur no more than twice in a 12-month period. The developer remains responsible for a deficiency if the proceeds do not cover completion costs.

  PDF pages 7, 8

How to read this record#

The county recording date is later than the agreement date. Financial assurances are distinct from project borrowing and actual construction spending.

County index description#

DEVELOPER OBLIGATIONS / REQUIRED IMPROVEMENT CONSTRUCTION AND ASSURANCE AGREEMENT LAKEFRONT ESTATES PD PROJECT

The supplied name searches matched the To field in the county index. The source context below preserves the matched names and search scope. Index labels do not substitute for the parties’ roles stated in the document.

Related recorded instruments#

• 202522003098 · Ordinance 2024-07: planned-development amendments
• 202522003099 · Second amended development agreement
• 202622000484 · Phase 1 construction assurances and performance bonds

In the project timeline#

• November 4, 2025 · Recorded: Developer improvement construction and assurance agreement

Retrieve the original#

Search the Glades County official-records portal using instrument 202522003097, or book 420, page 225. County image-session links can expire.

Summaries identify the source pages. The original PDF controls if a transcription differs. Glades County records have been checked through Oct 28, 2026; see the collection scope. Acquisition dates and the limits of earlier collection batches remain in the source entries.