Hanover City Council Agenda Packet 2026-06-16
Letter of Credit Reduced for JPB Land LLC Development
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Description
Hanover City Council approved a Letter of Credit reduction of $433,929.60 for JPB Land LLC related to the Oakview Ridge 2nd Addition project. This reduction recognizes completion of 90% of obligations under the Developers Agreement.
Contract Details
Contract Amount
$433,929.60 (Letter of Credit reduction)
Vendor
JPB LAND LLC
Agency
City of Hanover, MN
Contract Type
OTHER
Document Date
June 16, 2026
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