Penn Township Caucus Meeting Agenda 2026-06-10
Developer Requests Bond Reduction for Summer Grove Project
Trusted by teams at
Description
RS and KN Developers, LLC has requested a reduction of the held bond for Phase I of the Summer Grove residential development; action is pending board approval.
Contract Details
Contract Amount
Reduction from $519,236.68 to $241,878.27
Vendor
RS & KN DEVELOPERS LLC
Agency
Town of Penn, PA
Contract Type
OTHER
Document Date
June 10, 2026
Renewal Info
Original bond was $519,236.68. Requested reduction to $241,878.27 after phase completion. Subject to board approval and held per Developer's Agreement.
More from Town of Penn
Penn Township Caucus Meeting Agenda 2026-06-10
Penn Township Caucus Meeting Agenda 2026-06-10
Penn Township Caucus Meeting Agenda 2026-06-10
Penn Township Caucus Meeting Agenda 2026-06-10
Penn Township Caucus Meeting Agenda 2026-06-10
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.