FINANCIAL_SERVICESRECOMMENDED

Finance Panel Backs STI Letter Of Credit Cut

The Stoughton Finance Committee recommended approval of Resolution R-115-2026 to the Common Council, reducing the letter of credit for STI Holdings Inc. The reduction reflects completed subdivision improvements while retaining security for remaining stormwater infrastructure.

Status
RECOMMENDED
Document date
August 25, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Sti Holdings Inc
Agency
City of Stoughton · 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 type
FINANCIAL_SERVICES
Renewal
Letter of credit originally established for Phase 1 and rolled to Phase 2a; current action reduces the credit for completed improvements while leaving coverage for stormwater infrastructure in place.
Document type
Agenda
Source document
City of Stoughton Finance Committee Agenda 2026-08-25

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Stoughton?

Sti Holdings Inc was awarded this financial services contract by City of Stoughton, as recorded on August 25, 2026.

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 Stoughton Finance Committee Agenda 2026-08-25 (Agenda), dated August 25, 2026 from City of Stoughton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Sti Holdings Inc hold?

Sti Holdings Inc 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 Sti Holdings Inc's profile

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

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