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Plain City approves release of performance bonds and accepts maintenance bonds for Darby Station Phase 5
Summary
Council voted unanimously to release two performance bonds for Darby Station Development Phase 5 (mass earthwork and street/storm in Part 1) after staff confirmed required inspections were completed.
Council President M. Terry asked whether inspections related to development work had been completed; Village Administrator Haley Lupton confirmed that staff and the Village engineer had completed all applicable inspections. M. Terry moved to release the performance bond and accept the maintenance bond for Darby Station Development, Phase 5 (mass earthwork); J. Sintz seconded the motion and the council voted unanimously in favor.
M. Terry then moved to release the performance bond and accept the maintenance bond for Darby Station Development, Phase 5, Part 1 (street and storm); T. Harriman seconded, and the motion carried unanimously.
The motions indicate that staff and the village engineer found the relevant work acceptable and that the council approved transitioning the developer’s security from performance bonds to maintenance bonds for the noted phases.
