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Pacific accepts Brush Creek streets for maintenance and approves escrow release after legal review
Summary
The Board of Aldermen voted 5-0 to accept dedication of streets in Brush Creek Subdivision and to authorize release of escrow funds for subdivision improvements after discussion about whether the escrow amounts could be released piecemeal under statute and the escrow agreement.
The Board of Aldermen on Aug. 19 approved an ordinance accepting the dedication of streets in the Brush Creek Subdivision and authorizing release of escrow funds that had been held to secure subdivision improvements.
Amended bill number 5,288 passed by a recorded vote of 5–0 and will become ordinance 3459, the clerk reported. The item included an exhibit listing the component categories for which escrow funds had been held.
During discussion Alderman Lesh…
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