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Cody council permits Les Schwab to seek building permit pending Saturn Street work with letter of credit
Summary
The council approved exceptions to site‑plan and subdivision conditions requiring Saturn Street improvements be completed before issuing a Les Schwab building permit, contingent on an irrevocable letter of credit covering the full off‑site work cost.
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The Cody City Council voted to approve exceptions allowing Les Schwab Tire Center to apply for a building permit before off‑site Saturn Street improvements are finished, contingent on an irrevocable letter of credit for the full cost of the work.
City planning staff described the history: the Kahn development on the west strip required infrastructure improvements as part of its subdivision approval, and Les Schwab purchased a parcel from that development. Planning and zoning had conditioned Les Schwab’s approval on completion of off‑site street work or securing financial assurances. Staff briefed the council that the requested exception would allow the building permit to be issued while the street work is funded by an irrevocable letter of credit.
Council member Sweat moved the exceptions for the Les Schwab site plan and the Conn subdivision; Council member Tamblin seconded. The council voted by voice; members said “aye” and the motion carried.
The transcript records the action and the contingency (an irrevocable letter of credit for the full cost of Saturn Street off‑site work) but does not list the letter‑of‑credit amount or a construction schedule.
