Lawrence County Commission Meeting Agenda Packet February 2026
BH Development Secures Powder House Pass Phase 4 Approval
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Description
Lawrence County and BH Development LLC entered a final plat and development security agreement for Powder House Pass, Phase 4, backed by a $1.8 million Letter of Credit.
Contract Details
Contract Amount
Memorandum of Agreement: $1,601,765.00; Letter of Credit: $1,842,030.00
Vendor
BH DEVELOPMENT LLC
Agency
Lawrence county Housing & Redevelopment Commi, SD
Contract Type
OTHER
Document Date
February 24, 2026
Contract Term
February 10, 2026 – February 10, 2027
Renewal Date
2027-02-10
Renewal Info
One-year irrevocable letter of credit, expiring if not renewed or replaced by February 10, 2027.
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APPROVEDIssuing Agency
Lawrence county Housing & Redevelopment Commi
Local Housing Authority
Sturgis, SD
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