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Town board approves partial release of Rolling Ridge bond with holdback for remaining repairs
5088929 · June 27, 2025
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Summary
The board authorized returning the Rolling Ridge performance bond with a holdback for unfinished repairs, citing an on‑site survey that identified about $2,000 in damage.
The Town Board approved a partial release of an $80,000 performance bond for the Rolling Ridge subdivision on June 26, 2025, returning most of the escrowed funds and holding back money to cover remaining minor repairs.
A site survey identified roughly $2,000 worth of work that the town will forfeit from the bond to cover immediate…
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