city-of-dayton-council-meeting-agenda-september-23-2025_7c6.pdf
City to release Graco Building 2 letter of credit
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Description
Dayton staff recommends releasing the remaining $3,718,960.00 letter of credit tied to the completed Graco Building 2 development. The action would reduce the project's LOC balance to zero.
Contract Details
Contract Amount
$3,718,960.00
Vendor
GRACO BUILDING 2
Agency
City of Dayton, MN
Contract Type
FINANCIAL_SERVICES
Document Date
September 23, 2025
Renewal Info
Release of existing LOC security; no renewal or extension of financial instrument indicated.
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