Spring Oaks Letter of Credit Renewed And Reduced
City of ConwayCity · ND- Disclosed value
- $360,900.00 (reduced to $258,100.00)
- From agenda
- Document date
- Jul 11, 2024
The 30-second brief
The City of Conway Planning Commission approved a one‑year renewal and reduction of the Spring Oaks subdivision letter of credit issued by Anderson Brother Bank, lowering the financial guarantee from $360,900.00 to $258,100.00 to cover remaining infrastructure work. The decision ensures funding for street trees, sidewalks, curb and gutter repairs, and final roadway paving while homes continue to be built.
Anderson Brother Bank holds this financial services contract with City of Conway. Its other public contracts on record include work for Town of Conway and Housing Authority Of Conway.
Term as filed: Extended one year from current expiry of June 30, 2024.
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Contract details
- Contract type
- Financial Services
- Amount
- $360,900.00 (reduced to $258,100.00)
- Document date
- July 11, 2024
- Term
- Extended one year from current expiry of June 30, 2024
- Vendor
- Anderson Brother Bank
- Agency
- City of Conway
- Source document
- city-of-conway-planning-commission-meeting-agenda-july-11-2024_93b.pdf (Agenda)
Anderson Brother Bank's other public contracts
More City of Conway contracts
Questions about this contract
Who was awarded the financial services contract by City of Conway?
Anderson Brother Bank was awarded this financial services contract by City of Conway, as recorded on July 11, 2024. The contract value is $360,900.00 (reduced to $258,100.00).
How much is the Anderson Brother Bank contract with City of Conway worth?
The Anderson Brother Bank contract with City of Conway is valued at $360,900.00 (reduced to $258,100.00), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record.
Where was this contract approved?
This contract appears in city-of-conway-planning-commission-meeting-agenda-july-11-2024_93b.pdf (Agenda), dated July 11, 2024 from City of Conway. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Anderson Brother Bank hold?
Anderson Brother Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Conway currently buying?
Explore City of Conway's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.