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Village board rescinds demand on letters of credit for Banks Farm/Villas of Prairie Trails
4427089 · June 18, 2025
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Summary
The Manhattan Village Board approved a resolution rescinding a prior demand for payment on multiple letters of credit tied to Banks Farm Development’s Villas of Prairie Trails after updated letters of credit were provided by the bank.
The Village of Manhattan approved a resolution rescinding its earlier demand for payment on multiple letters of credit tied to Banks Farm Development’s Villas of Prairie Trails, village officials said during the June 17, 2025, meeting.
Board members said the village had approved…
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