Planning Commission Renews Letter of Credit with Bank for Subdivision
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Description
The City of Conway Planning Commission approved the renewal and reduction of a letter of credit from Conway National Bank to $163,760.89 for Rivertown Row North Phase 1. The extension secures subdivision infrastructure improvements for one year.
Contract Details
Contract Amount
$163,760.89
Vendor
CONWAY NATIONAL BANK
Agency
City of Conway, SC
Contract Type
FINANCIAL_SERVICES
Document Date
November 6, 2025
Contract Term
One year extension from November 29, 2025
Renewal Date
2026-11-29
Renewal Info
Renewed for one additional year at a reduced amount, expiration extended from November 29, 2025 to November 29, 2026.
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