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Adventure Zone site work allowed under phased permits; $200,000 performance bond and parking easement cleanup discussed
Summary
Officials said site work for the Tyrell "Adventure Zone" can proceed under a phased approach while final building permits await completed engineering plans; the project team said a $200,000 performance bond has been submitted and the town and developer are drafting easement language to clarify shared parking rights.
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The planning board heard a multi-part update about the Adventure Zone project in Waterville Valley, including how the town will manage phased site work, the performance bond, occupancy permitting, and parking easements.
Town building staff said a building-permit application is on file and that the project will proceed in phases: site work may begin now, but permits for foundations and buildings will not be issued until final engineering plans are submitted and approved. The building official explained that the town will inspect each component and that occupancy permits will be granted only after final inspections confirm the planning-board conditions have been met.
Representatives for the project told the board that a performance bond has been submitted and is under final review. “The performance bond has been issued,” a project representative said; officials later confirmed the bond amount is $200,000 to cover utility hookups and related site stabilization. Town staff said the bond runs for one year and must be renewed until the covered work is complete.
Board members also discussed parking and easements for the Adventure Zone. Town counsel and the developer are preparing a draft easement to record nonexclusive parking rights for East- and West-side lots so historical shared use is reflected in recorded documents. The draft will reference prior agreements, including a 2011 ice-arena parking agreement.
No state or federal wetlands or alteration-of-terrain permits apply to the current scope, officials said. The board and staff agreed to continue monitoring conditions and to require that outstanding construction plans be submitted before issuing final building permits.

