Developer has not signed $75,000 release after on‑site meeting over flooding behind Palumbo Homes

Residents and village officials described an on‑site meeting in which the developer agreed in principle to address several items, but the developer had not signed a formal release tied to a $75,000 retention, attendees said. At the village meeting, a resident representing neighbors said an HOA president and the developer’s attorney, identified in the discussion as Anselblink, had discussed a document that would release future claims in exchange for $75,000. “The HOA president asked for … Anselblink, the lawyer for Anselblink that is the representative of Hank who is the developer, who’s gonna write a formal release document,” the resident said. Why it matters: Neighbors said flooding behind Palumbo Homes, near the pond, was the main unresolved issue and the subject of the on‑site visit. One resident said the builder, identified as Shobeen, had performed some work in good faith but that the developer remains the principal point of contention. Discussion: Attendees described the developer agreeing to “keep coming out until they get it right” for some items but not yet signing the release. One attendee said the HOA asked the developer’s lawyer to draft a release for the $75,000 retention; the document had not been signed by Hank, the developer, by the time of the meeting. No formal board action on the settlement was recorded in the meeting transcript. Village trustees and the resident who spoke said the board’s role had been limited to facilitating the convening and recording the curb‑to‑curb approval referenced in separate business. Next steps and outstanding items: The resident said the developer’s signature on the release remained outstanding; attendees did not specify a deadline. The transcript indicates continued field work by the builder after recent rain but does not record a signed settlement or a formal vote by the board on the release.