City of Conway Planning Commission Meeting Agenda February 5, 2026
Conway National Bank Letter of Credit Renewal Recommended
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Description
Conway National Bank provides the infrastructure letter of credit for Beverly Homes LLC’s Woodside Crossing project, with staff recommending a renewal at a reduced amount of $445,729.00 for one additional year.
Contract Details
Contract Amount
$445,729.00 (letter of credit #3524)
Vendor
CONWAY NATIONAL BANK
Agency
City of Conway, SC
Contract Type
FINANCIAL_SERVICES
Document Date
February 5, 2026
Contract Term
Expires March 1, 2026, with proposed one-year extension
Renewal Date
2027-03-01
Renewal Info
Initial term was 12 months, administratively renewed for an additional 12 months, now pending first Planning Commission renewal for a further 12-month term.
More from CONWAY NATIONAL BANK
Related Contracts
Conway Planning Commission Minutes November 2025
RENEWEDWaccamaw Regional Transportation Authority Board of Directors Meeting Agenda September 2025
ONGOINGcity-of-conway-planning-commission-meeting-agenda-march-6-2025_20f.pdf
approvedtown-of-conway-planning-commission-meeting-agenda-march-6-2025_7d3.pdf
approvedcity-of-conway-planning-commission-meeting-agenda-march-6-2025_c18.pdf
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