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Council approves amendment to Chadwick Farms development agreement to reimburse earthmoving costs
Summary
Council authorized an amendment to the Chadwick Farms development agreement to reimburse the developer $145,000 for completed earthmoving, with authority up to $159,000 to cover contractor completion and remaining creek work; the motion passed unanimously.
Council considered a resolution authorizing the town manager to negotiate and execute an amendment to the Chadwick Farms development agreement to reimburse the developer for completed earthmoving work. Drew explained that the developer had performed the work and that the town owed approximately $145,000; staff requested authority up to $159,000 to allow an additional $14,000 if the town's design-build contractor must finish outstanding work along the creek.
After brief council discussion confirming this was previously negotiated work and that the amount aligns with prior expectations, Mayor Brian Montini moved to approve the amendment and a council member seconded. The motion passed unanimously (7-0). Drew emphasized that the goal was to pay for completed work and, if needed, use the additional funds to complete remaining grading and creek work.
