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Planning Commission approves one-year bond extension for The Farm at Cedar Valley

Pegram Planning Commission · August 12, 2024
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Summary

The Pegram Planning Commission on Aug. 12 approved a one-year extension of a performance bond for The Farm at Cedar Valley, setting the amount at $144,900 and forwarding the extension to the Board of Mayor and Alderman for approval.

The Pegram Planning Commission voted Aug. 12 to approve a one-year extension for The Farm at Cedar Valley performance bond, setting the amount at $144,900 and forwarding the extension to the Board of Mayor and Alderman for final approval.

The motion to approve the extension was made by Commissioner Bill Herbert and seconded by Commissioner Jason Picanzo. All four members present — Chair Gene Hannah, Bill Herbert, Jason Picanzo and Randy Howington — voted in favor. Absent were Melissa McWright and John Louallen.

According to the meeting record, the project’s first year of the bond covered site work required by the engineer. The motion directs that the one-year extension be sent to the Board of Mayor and Alderman for their approval; the Planning Commission’s action is a recommendation to that governing body rather than final acceptance of the extension.

No public comment or competing motions were recorded on the item. The commission approved the motion as a single-line action on the agenda; no amendments or conditions were recorded during the meeting.

The commission had earlier approved the June 10, 2024 minutes and then took up the bond extension under old business. The meeting adjourned at 7:25 p.m.