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Holland board approves release of performance bond for Onion River Solar
Summary
The Town approved Onion River Solar LLC’s request to release its performance bond tied to construction, restoration and compliance obligations and authorized the Town Chair to sign.
The Holland Town Board on March 9 approved Onion River Solar LLC’s request to release the performance bond tied to the company’s construction, post-construction restoration and compliance obligations.
The motion, made by Supervisor Douglas Hamilton and seconded by Supervisor Kelly Caswell, carried by unanimous voice vote and authorized the Town Chair to sign the release paperwork. Town staff recorded the action without additional conditions at the meeting.
Why it matters: release of a performance bond indicates the Town is satisfied with required construction and restoration obligations or that sufficient conditions have been met to allow bond release. The Board instructed staff to execute related paperwork and update town financial records.
Next steps: the Town Chair and appropriate staff will complete release documentation and record the transaction in municipal records.
