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Planning Board approves $36,000 reduction to Jennings Road bond after heated debate over revaluation policy
Summary
The Planning Board approved a $36,000 reduction to the Jennings Road Extension phase‑2 bond and agreed to study an annual revaluation policy after the applicant warned ad hoc engineering updates unfairly burden small developers.
The Town of Charlton Planning Board voted Nov. 20 to reduce the construction bond for the Jennings Road Extension (phase 2) by $36,000, settling a contentious exchange between the applicant and the town’s peer reviewer over how unit rates and prevailing wages are updated.
Applicant Russell (Russ) told the board he was taken by surprise by a recent Graves Engineering revaluation that used updated prevailing wage and bid data; he said the last phase‑2 estimate had been prepared in 2020 and that sudden increases disrupted his…
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