Council approves development‑agreement addendum conditionally; requires on‑site certification
Council accepted an addendum reducing a developer’s letter of credit to $254,003 but required council insertion of language clarifying the reduction applies only to on‑site water and sewer improvements and required written certification from staff that on‑site work is complete and water testing is favorable.
The full story
The council voted to accept a first addendum to a development agreement that reduces the developer's letter of credit and preserves a one‑year warranty, but the approval was conditional.
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