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Plan Commission approves reduced guarantee for Westbury North subdivision, sets conditions
Summary
The Monroe County Plan Commission voted 7-0 to reduce the financial guarantee held for the Westbury North major subdivision, setting a new bond amount and conditions for completion and recording of commitments.
The Monroe County Plan Commission voted 7-0 to reduce the financial guarantee for SIA-22-8, the Westbury North major subdivision, and set conditions requiring a new subdivision improvement agreement and updated recorded commitments.
Planning staff told commissioners the original financial guarantee submitted July 20, 2024, was $143,617.27. The petitioner reported improvements valued at $133,767.27 and had requested a release based on remaining work valued at $9,850. Staff reviewed recently submitted as-built drawings and contractor estimates and recommended a larger retained amount to cover identified deficiencies and a 10% contingency.
The commission approved holding $35,826.20 in the county letter of credit…
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