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Commission releases $100,000 performance bond for Clock Tower Apartments; $20,000 erosion bond retained
Summary
Planning staff recommended and the commission approved release of a $100,000 performance bond for Clock Tower Apartments; the city engineer recommended keeping a $20,000 soil-erosion bond in place until a full growing season after final plantings, because paving occurred after Thanksgiving 2024.
The Shelton Planning and Zoning Commission voted on June 11 to release a $100,000 performance bond for the Clock Tower Apartments (addressed in meeting materials) while retaining a separate soil-erosion bond of $20,000 until landscaping has survived a full growing season.
Attorney Steven Bellas spoke for the developer and requested release of the bonds; city engineering staff recommended releasing the larger performance bond but holding the soil-erosion bond because the final paving on Corn Road occurred after Thanksgiving 2024 and the engineer requires a full growing season after final planting before releasing the erosion bond.
The commission voted 6-0 to release the $100,000 performance bond and agreed to keep the $20,000 soil-erosion bond in place until the engineer's growing-season condition is satisfied. Staff will track the schedule; the erosion bond's release is expected after the full growing season following the late-2024 paving.
