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Board certifies Timberbrook Meadows assessments, signs mortgage satisfactions and approves annual drain list
Summary
The drainage board certified assessments for Timberbrook Meadows Phase 1 (Drain No. 500), approved satisfaction-of-mortgage releases for landowners who paid county reconstruction loans, and adopted the annual active/inactive drain list and classification report required by state statute.
County staff told the Tippecanoe County Drainage Board that the assessment for Timberbrook Meadows Phase 1 (Drain No. 500), approved at a prior hearing, is scheduled to begin three years after acceptance of the maintenance bond and that time has arrived.
A board member noted the earlier order indicated a rate of about $20 per…
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