Agenda Item
Meeting Date: 9/10/2019 - 6:30 PM
Category: Action/Discussion
Type: Action
Subject: 6.3 Letter of Credit Resolution
:
Policy:
Enclosure:
File Attachment:
CVSD Request for LC Extension Aug 2019.pdf
CVSD Resolution Update Aug 2019.pdf
Summary: The Superintendent recommends and I so move to approve the resolution to amend the expiration date of the Extension of Credit with PNC Bank as requested from Collier Township as it related to the current construction project. The amount of the credit is $1,988,541.50.
Funding:
Recommendation for the Board Action: For Board Approval.
Approvals:
Recommended By:
Signed By:
Emily Eckman - Director of Finance & Operations
Signed By:
Johannah Vanatta - Superintendent