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Franklin planning panel declares defaults, calls or releases sureties for two subdivision green-infrastructure agreements
Summary
At its Aug. 28 meeting the Franklin Municipal Planning Commission declared two performance agreements in default and authorized partial release or calling of cash sureties to address incomplete green-infrastructure work and nearby stormwater needs.
The Franklin Municipal Planning Commission on Aug. 28 declared two performance agreements in default and authorized financial actions to resolve incomplete green-infrastructure work at two subdivisions.
Planning staff told the commission that Andover Park PUD (approved in 2015) has largely completed required site improvements but that portions of the green infrastructure remain unfinished and some previously installed features were later modified by residents. Staff recommended returning 50% of a $3,250 cash performance surety ($1,625) to the developer, Tennessee Valley Homes, and depositing the remaining $1,625 into the city…
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