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Planning board releases performance guarantee for Beaverbrook Woods subdivision

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Summary

The Danvers Planning Board voted to accept completion and release the town’s interest in a $17,600 performance security for the Beaverbrook Woods definitive subdivision after staff and engineering memos indicated required work was completed.

The Town of Danvers Planning Board on May 13 voted to release the municipal interest in the performance guarantee for the Beaverbrook Woods definitive subdivision (Maple Street, lots 303 to 333), concluding the subdivision’s construction and municipal services were satisfactorily completed.

Jean Hartnett, the board clerk, read a certificate of completion that documented the plan recorded in the Southern Essex District Registry of Deeds and stated the performance security amount and…

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