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Bel Air approves right-of-way deed and public-works agreement for Standard on Bond mixed-use project
Summary
The board approved a road-improvement right-of-way deed conveying 0.055 acres to the town and a public-works and developer agreement requiring the Standard on Bond joint venture to construct and guarantee street and utility improvements on Lester Way; both votes were unanimous.
The Bel Air Board of Town Commissioners on Feb. 3 approved a road-improvement right-of-way deed and a companion public-works and developer agreement with the Standard on Bond joint venture, the developer of a proposed mixed-use five‑story building at the intersection of Bond Street and Lester Way.
Mr. Klein presented the deed and agreement. As a condition of development, the owners will convey 0.055 acres of right-of-way along Lester Way to the town to…
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