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Christian County authorizes letter of credit for County Plaza infrastructure; IGA amendment with Ozark approved
Summary
The Christian County Commission approved an amendment to an intergovernmental agreement with the City of Ozark and authorized issuance of a county-backed irrevocable letter of credit to secure public infrastructure for the County Plaza development; commissioners asked staff to report taxpayer costs and to expedite closing of two lots in April.
The Christian County Commission on March 27 approved an amendment to the intergovernmental agreement (IGA) with the City of Ozark and authorized the county to provide an irrevocable letter of credit to secure public infrastructure for the County Plaza development.
Todd, the countys resource management director, told the commission the City of Ozark unanimously approved a proposed IGA amendment at a recent city council meeting and returned the amendment to the county for approval and signature. The amendment clarifies terms of the December 18 IGA and creates a requirement that…
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