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City accepts letters of credit as subdivision sureties for Brooks subdivision
5483936 · July 25, 2025
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Summary
Board accepted two letters of credit from TCW Development as performance and maintenance sureties for road improvements in the Brooks subdivision: a $33,000 maintenance surety and a reduced $902,000 performance surety for phase 3 public roads.
The Valparaiso Board of Works accepted two letters of credit from TCW Development to serve as performance and maintenance sureties for public road improvements in the Brooks subdivision.
Engineering staff presented the request, saying the road improvements were accepted at the…
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