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Planning commission calls surety for Highlands at Lab Park after developer fails to finish required improvements
Summary
Staff told the commission two infrastructure improvements in the Highlands at Lab Park subdivision remain incomplete despite years of extensions; the commission declared the performance and maintenance agreements in default and authorized calling letters of credit totaling about $91,900 to complete work under city supervision.
The Franklin Municipal Planning Commission voted to declare the performance and maintenance agreements for Highlands at Lab Park in default and to authorize the city to call the associated letters of credit to complete outstanding public improvements.
Staff said two improvements tied to a 2015 final plat and a 2016 performance agreement remain unfinished. The…
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