Yellow Iron LP, LLC Sidewalk Bond Reduction Approved
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Description
The City Council approved a reduction in the performance guarantee posted by Yellow Iron LP, LLC for sidewalk infrastructure in the Yellow Iron Subdivision. The financial guarantee (letter of credit) was lowered from the original $131,250 to $65,562, to match work completed and remaining obligations.
Contract Details
Contract Amount
$131,250 (original Schedule 2 letter of credit), reduced to $65,562
Vendor
YELLOW IRON LP LLC
Agency
City of Belgrade, MT
Contract Type
OTHER
Document Date
May 18, 2026
Renewal Info
Partial release based on completed improvements; remaining bond continues until all sidewalks are installed.
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