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Board authorizes comptroller to accept letter of credit for The Meadows development
Summary
The Town Board authorized the comptroller to accept a letter of credit to ensure roadwork is completed in The Meadows development before the town takes over the subdivision; the action passed unanimously.
Councilperson Gordon moved and Supervisor Bott seconded a motion authorizing the comptroller to accept a letter of credit addressing road infrastructure work in The Meadows development so the town can take over the subdivision when work is properly completed. Supervisor Bott said the resolution is needed before the town can take over The Meadows.
The board voted Aye and the motion carried. The minutes do not specify the letter of credit amount or contractor responsibilities; those details will be handled by the comptroller and code enforcement as part of the acceptance process.
