HomeMy WebLinkAboutPlanning Brd Min_491992PLANNING BOARD 92 JUN 25 Pik 2 i
MINUTES
April 9, 1992 i;r, ii,'�'F 1EL0
HASS CI1USET 1 S
PRESENT: Chairman Madan and McClanahan
PLANNERS: Caponigro, Flynn,
Shaun P• Burke, Director of Planning and Development
The Planning Board met to discuss the issue of posting surety at
the Tara Estates subdivision. the Town is in possession of
Director explained that is in a bond
The Planning 180,000 of which passbook
surety in the amount $531,692co$ The balance is in two
written by Amwest Insurance
accounts being held by the Town Treasurer.
It was briefly discussed that the posting of surety was separate
1992 and that the Town Treasurer researched
ed at the Tara Estates modification
from the issues discussting•
hearing of April o and found them to have an
Amwest Insurance Company surety amount of $ 531,692.
MOTION: To accept the
(Flynn- McClanahan) All in favor. PASSES.
MOTION: To accept the form of surety.
(McClanahan-Ca from All in favor. PASSES.
PiOT___ION.. To sign the Form J Release in favor. PASSES.
(McClanahan - Caponigro) All
MOTION: (McClanahan-oadjourn. Caponigro) All in favor. PASSES.
ADJOURNMENT - 6:40 P.M.
GL � PROVL �G14ATURE DAT