Lawrence County Commission Meeting Agenda February 2026
Development Agreement and Security Approved for Powder House Pass
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Description
Lawrence County Commission approved a Memorandum of Agreement with BH Development LLC and an Irrevocable Standby Letter of Credit totaling over $1.8 million. The agreement secures the developer’s obligations for Powder House Pass, Phase 4, from February 2026 to February 2027.
Contract Details
Contract Amount
Agreement $1,601,765.00; Letter of Credit $1,842,030.00
Vendor
BH DEVELOPMENT LLC
Agency
Lawrence county Housing & Redevelopment Commi, SD
Contract Type
OTHER
Document Date
February 24, 2026
Contract Term
February 10, 2026 – February 10, 2027
Renewal Date
2027-02-10
Renewal Info
Term is for one year commencing February 10, 2026, with renewal required for continued plat approval beyond that date.
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APPROVEDIssuing Agency
Lawrence county Housing & Redevelopment Commi
Local Housing Authority
Sturgis, SD
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