City of Lexington Awards $150,000 Letter Of Credit Contract to 89 Lexington Lakes (November 2020)
City of LexingtonCity · MN- Disclosed value
- $150,000.00
- From agenda
- Approved
- Nov 5, 2020
The 30-second brief
Council approves release of $150,000 irrevocable letter of credit to 89 Lexington Lakes LLC for bond on the Ephesians project, contingent on the developer providing a $90,000 warranty bond.
89 Lexington Lakes holds this letter of credit contract with City of Lexington.
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Contract details
- Contract type
- Letter Of Credit
- Amount
- $150,000.00
- Document date
- November 5, 2020
- Term
- NA
- Vendor
- 89 Lexington Lakes
- Agency
- City of Lexington
- Source document
- city-of-lexington-agenda-2020-11-05_449.pdf (Agenda)
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Questions about this contract
Who was awarded the letter of credit contract by City of Lexington?
89 Lexington Lakes was awarded this letter of credit contract by City of Lexington, as recorded on November 5, 2020. The contract value is $150,000.00.
How much is the 89 Lexington Lakes contract with City of Lexington worth?
The 89 Lexington Lakes contract with City of Lexington is valued at $150,000.00, covering letter of credit work.
What type of contract is this?
This is a Letter Of Credit contract, documented as a agenda record.
Where was this contract approved?
This contract appears in city-of-lexington-agenda-2020-11-05_449.pdf (Agenda), dated November 5, 2020 from City of Lexington. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does 89 Lexington Lakes hold?
89 Lexington Lakes may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Lexington currently buying?
Explore City of Lexington's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.