FINANCIAL_SERVICESRELEASED

Release of $616,000 Keebler Meadows Phase 1B LOC

The Planning Commission is requested to approve release of a $616,000 irrevocable letter of credit posted by D.R. Horton for Keebler Meadows Phase 1B improvements, following Engineering Division approval. A separate $135,000 bond held by All Phase will remain in effect.

Status
RELEASED
Document date
July 12, 2026
Contract type
FINANCIAL_SERVICES
Vendor
D.r. Horton
Agency
Johnson city Housing Authority · TN

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Veritone logo
TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
$616,000
Contract type
FINANCIAL_SERVICES
Contract term
Irrevocable standby letter of credit, original expiration 2026-02-28 with automatic one-year extensions unless cancelled
Renewal date
2026-02-28
Renewal
Standby letter of credit No. 75003099 issued by Truist Bank for $616,000 with automatic one-year extensions from the stated expiry date of 2026-02-28 unless the bank provides at least 60 days prior notice of non-renewal. Planning staff recommend full release of this security.
Document type
AgendaPacket
Source document
Johnson City Planning Commission Agenda Packet 2026-07-14

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Johnson city Housing Authority?

D.r. Horton was awarded this financial services contract by Johnson city Housing Authority, as recorded on July 12, 2026. The contract value is $616,000.

How much is the D.r. Horton contract with Johnson city Housing Authority worth?

The D.r. Horton contract with Johnson city Housing Authority is valued at $616,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Johnson City Planning Commission Agenda Packet 2026-07-14 (AgendaPacket), dated July 12, 2026 from Johnson city Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does D.r. Horton hold?

D.r. Horton may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Johnson city Housing Authority currently buying?

Explore Johnson city Housing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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