FINANCIAL_SERVICESAMENDED

Winesap Prairie Letter of Credit Reduced for Citywide

The Village of Somerset Board approved Citywide Development’s request to reduce its Winesap Prairie letter of credit by $1,091,449.40, leaving $325,832.20 to secure remaining work. The adjustment reflects substantial completion of required improvements in the subdivision.

Document date · June 16, 2026

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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
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 $1,091,449.40
Contract type
FINANCIAL_SERVICES
Renewal
Letter of credit remains in effect with a reduced balance of $325,832.20 until remaining subdivision improvements are completed and accepted.
Document type
Minutes
Source document
Village of Somerset Board of Trustees Minutes 2026-06-16

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Somerset village?

Citywide Development was awarded this financial services contract by Somerset village, as recorded on June 16, 2026. The contract value is Reduction of $1,091,449.40.

How much is the Citywide Development contract with Somerset village worth?

The Citywide Development contract with Somerset village is valued at Reduction of $1,091,449.40, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Village of Somerset Board of Trustees Minutes 2026-06-16 (Minutes), dated June 16, 2026 from Somerset village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Citywide Development hold?

Citywide 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.

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