Landscape Establishment Bond - City of Canton, GA in Georgia

Brief Summary

This bond is what lets a developer or builder in Canton move toward final approval before every tree and shrub has proven it will survive. The bond guarantees the City of Canton that required plantings will be installed and kept alive through the establishment period, so the project does not stall waiting on a growing season.

The City of Canton, Georgia, through its Community Development department, reviews site plans and required plantings under the city's Development Code. A landscaping establishment bond is posted by the developer, owner or builder to guarantee that required trees, shrubs and other plantings are installed as approved and maintained until they are established. The City of Canton is the obligee.

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How to Apply for a Landscape Establishment Bond:

• Get the approved planting plan and the bond amount from City of Canton Community Development.
• Confirm the establishment period and any city bond form or wording.
• Provide the legal name of the developer, owner or contractor who will be the principal.
• Complete the bond application and review the quoted premium.
• Pay the premium and file the signed original bond with the City of Canton.

Detailed Information About the Georgia Landscape Establishment Bond:

This is a site bond, not a business license bond

A common mistake is to treat this as a bond every landscaping company needs to work in Canton. It is tied to a specific development project. The party responsible for the site, usually the developer, property owner or general contractor, posts it so the city has security that the approved planting plan will be carried out and that the plants will survive the establishment period.

What the bond guarantees

If required plantings are not installed, or die and are not replaced during the establishment period, the City of Canton can make a claim. The surety pays up to the bond amount so the city can complete or replace the work, then recovers that cost from the principal. When the establishment period ends and the city accepts the plantings, the bond is released.

Amount and terms come from the city

Canton's Community Development department administers the Development Code and site plan approvals. The bond amount is set by the city for each project, usually from the approved planting plan and its cost. Before the bond is issued, confirm with Community Development the required amount, the length of the establishment period, the obligee name and whether the city uses its own bond form.

How the premium is set

Premium is a yearly charge based on the bond amount and the credit and financial strength of the principal. Developers with strong financials generally see better terms.

Eligibility and Requirements for a Georgia Landscape Establishment Bond:

• City of Canton, Georgia named as obligee.
• Bond amount set by the city for the specific project.
• Principal name matching the party responsible for the site.
• Surety authorized to write bonds in Georgia.
• Credit and financial review of the principal.

Georgia Landscape Establishment Bond FAQs:

Official and Additional Resources for the Georgia Landscape Establishment Bond: