CONTRACTRATIFIED

Riverhead Accepts $920,000 Summerwind Farms Security

Town of Riverhead logoTown of Riverhead
Disclosed value
$920,000.00
From agendapacket
Document date
Oct 29, 2026

The 30-second brief

What it covers

Riverhead accepted a $920,000 irrevocable letter of credit from Red’s Adventures, LLC as performance security for the Summerwind Farms subdivision. The Town Attorney determined that the security satisfied applicable Town Code and Town Law requirements.

Who holds it

Red’s Adventures LLC holds this financial services contract with Town of Riverhead.

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Contract details

Contract type
Financial Services
Amount
$920,000.00
Document date
October 29, 2026
Vendor
Red’s Adventures LLC
Source document
Town of Riverhead AgendaPacket Town Board Regular Meeting Agenda November 5, 2026 (AgendaPacket)

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Questions about this contract

Who was awarded the financial services contract by Town of Riverhead?

Red’s Adventures LLC was awarded this financial services contract by Town of Riverhead, as recorded on October 29, 2026. The contract value is $920,000.00.

How much is the Red’s Adventures LLC contract with Town of Riverhead worth?

The Red’s Adventures LLC contract with Town of Riverhead is valued at $920,000.00, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Town of Riverhead AgendaPacket Town Board Regular Meeting Agenda November 5, 2026 (AgendaPacket), dated October 29, 2026 from Town of Riverhead. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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