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CONSTRUCTIONAPPROVED

Lawrence County Commission AgendaPacket Meeting Agenda and Information 2026-06-23

Developer Contract for Hidden Pines Subdivision Approved

$682,165.30Sapphire Lane Road DistrictSECURITY STORAGE & PROPERTIES LLCJune 20, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

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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