OTHERRECOMMENDED

Cedar Gables Letter of Credit Reduction Recommended

City staff recommended that the Common Council approve a $161,853.30 reduction in Cedar Gables Development’s letter of credit, decreasing it from $394,828.46 to $232,975.16. The adjustment reflects completion of utility infrastructure while maintaining a total remaining financial guarantee of $799,506.46 for the development.

Status
RECOMMENDED
Document date
August 3, 2026
Contract type
OTHER
Vendor
Cedar Gables Development
Agency
City of Pewaukee · WI

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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

Scope & details

The full contract record, as filed.

Contract amount
Reduction of $161,853.30 (from $394,828.46 to $232,975.16)
Contract type
OTHER
Renewal
Fourth reduction of the developer’s financial guarantee letter of credit; remaining security of $799,506.46 is deemed sufficient to complete the development.
Document type
AgendaPacket
Source document
City of Pewaukee Common Council Meeting Agenda Packet 2026-08-03

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Pewaukee?

Cedar Gables Development was awarded this government contract by City of Pewaukee, as recorded on August 3, 2026. The contract value is Reduction of $161,853.30 (from $394,828.46 to $232,975.16).

How much is the Cedar Gables Development contract with City of Pewaukee worth?

The Cedar Gables Development contract with City of Pewaukee is valued at Reduction of $161,853.30 (from $394,828.46 to $232,975.16).

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Pewaukee Common Council Meeting Agenda Packet 2026-08-03 (AgendaPacket), dated August 3, 2026 from City of Pewaukee. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Cedar Gables Development hold?

Cedar Gables Development may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Cedar Gables Development's profile

What is City of Pewaukee currently buying?

Explore City of Pewaukee's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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