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Commission approves Memorandum of Agreement and $682,165.30 letter of credit for Hidden Pines subdivision
Summary
The board approved Memorandum of Agreement and Amendment #2 Letter of Credit #1090020856 totaling $682,165.30 for Lots 1–12 of the Hidden Pines Subdivision, following Planning & Zoning staff recommendation.
Planning & Zoning Administrator Amber Vogt presented a staff report and the Lawrence County Commission approved a Memorandum of Agreement with Security Storage & Properties, LLC and accepted Amendment #2 to Letter of Credit #1090020856 in the amount of $682,165.30 for Lots 1 through 12 of Hidden Pines Subdivision.
By motion (moved by Brandon Flanagan, seconded by Richard Tysdal), the board authorized the chairman to sign the Memorandum of Agreement as part of final plat approval for the described portion of the W1/2 of NW1/4 of Section 14, T5N, R4E, BHM, Lawrence County. The minutes reference the letter of credit amount explicitly: "$682,165.30." The action was recorded as carried by unanimous vote of members present.
Amber Vogt presented the Planning & Zoning staff recommendation prior to the vote; no public opposition or conditions beyond the letter of credit were recorded in the meeting excerpt.
