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Letter of credit for Wildwood Rustics canceled after land-development agreement satisfied
Summary
Supervisors authorized cancellation of the Letter of Credit held at Mifflinburg Bank and Trust for Elvin Zimmerman / Wildwood Rustics after finding the land development agreement satisfied.
The board found the land development agreement for Wildwood Rustics (Elvin Zimmerman) satisfied and authorized cancellation of the Letter of Credit at Mifflinburg Bank and Trust. The motion to cancel was made by Glenn Troup and seconded by Todd Oberdorf and passed unanimously.
Minutes record the action as administrative: the development obligation was satisfied and the financial assurance instrument (letter of credit) was released. No additional financial figures or conditions were recorded in the minutes.
