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City of Eyota City Council Meeting Minutes 2026-05-14

Amethyst Development Letter of Credit Reduced by Eyota Council

$281,345.20 (remaining letter of credit after reduction)Town of EyotaAMETHYST DEVELOPMENTMay 14, 2026

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TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Veritone logo
TerraCycle logo
Cyvl logo
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Description

Eyota City Council approved a reduction of the letter of credit for Amethyst development, lowering the required security to $281,345.20 after verifying completed public improvements.

Contract Details

Contract Amount

$281,345.20 (remaining letter of credit after reduction)

Vendor

AMETHYST DEVELOPMENT

Agency

Town of Eyota, MN

Contract Type

OTHER

Document Date

May 14, 2026

Renewal Info

First reduction authorized; future reductions may occur with further project completion inspections.

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