Developer Contract for Hidden Pines Subdivision Approved
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Description
Security Storage & Properties LLC was approved as developer for Hidden Pines Subdivision, obligated to construct infrastructure and improvements totaling $682,165.30 by May 26, 2027. A Letter of Credit from Stockman Bank guarantees project completion.
Contract Details
Contract Amount
$682,165.30
Vendor
SECURITY STORAGE & PROPERTIES LLC
Agency
Sapphire Lane Road District, SD
Contract Type
CONSTRUCTION
Document Date
June 20, 2026
Contract Term
Construction and infrastructure completion by May 26, 2027
Renewal Date
2027-05-26
Renewal Info
Project bond reduces to 15% as warranty security upon substantial completion, final release at County discretion.
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