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Verona council authorizes staff to draw on Whispering Coves letter of credit if developer misses deadlines
Verona Common Council · October 29, 2025
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Summary
The council directed staff to proceed, under the development agreement and after notice and cure periods, to draw on the Whispering Coves developer's letter of credit for unfinished public improvements; staff reported sluice gates and related work are now completed but pavement remains outstanding.
City staff updated the council on Whispering Coves, saying most public infrastructure is installed but pavement completion remains outstanding and some pavement areas are failing. Staff reported the sluice gate and hatch installation will be completed by the…
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