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Alton planning board approves roughly $98,000 bond for Hilltop Estate road work
Summary
The board approved a KB Partners road-bond estimate of about $98,000 to guarantee road repairs and completion for the long-standing Hilltop Estate subdivision (cases P09-9 and P10-8).
The Alton Town Planning Board voted on April 21 to approve a road-bond amount for the Hilltop Estate subdivision after staff presented a KB Partners memo and a road estimate prepared by Mike Venali.
Assistant Planner Robin McQueen said KB Partners submitted a review of the road and a bond estimate of approximately $98,000 to cover repairs and ensure the roadwork will be completed. The Hilltop Estate subdivision dates back to 2009 and was never built; the bond is intended to guarantee construction or repairs to the road base and drainage features if the developer does not complete work.
A motion to approve the bond amount carried; the board recorded the approval and will follow standard procedures for bond administration.
