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Council reviews $237,000 escrow terms and $14,725 seal-coat estimate for pavilion lot
Summary
Mayor Devin Simpson told the council that a $237,000 cash escrow (Bank of Star Valley) tied to a named project has been circulated to council members for review and that sealing the big pavilion parking lot is estimated at roughly $14,725; both items were informational only and no vote was taken at the special meeting.
Mayor Devin Simpson informed the council that an escrow agreement involving Doug Child has been circulated to council members: the document describes a $237,000 cash escrow at the Bank of Star Valley, signed by Doug Child, the Town of Thayne, and Sharron Walker. Mayor Simpson said the funds cannot be used to pay town bills and that releases would be made only as project portions are completed; he stated the Town of Thayne is not responsible for the account. The council did not take a vote on the escrow at the special meeting.
Mayor Simpson also reported that striping will be applied in front of the Thayne Community Center tennis courts and that a proposed seal coat for the big pavilion parking lot — using the same slurry as Hemmert Street — would cost roughly $14,725. Councilman Woolley commented that maintenance of the pavilion parking lot is overdue. The council requested members send their recorded positions by email or text; no formal action occurred at this meeting and Mayor Simpson said any decisions would be ratified at the next regular council meeting.
