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Douglass board approves $1.36 million escrow release for Country View Estates Phase 3

Douglass Township Board of Supervisors · January 21, 2025
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Summary

An escrow release of $1,359,574.40 for Hallowell Tract Country View Estates Phase 3 was approved following a Dec. 18, 2024 site inspection; remaining escrow balance reported at $734,706.24.

Pennoni recommended Escrow Release #3 for the Hallowell Tract (Country View Estates Phase 3) after a site inspection on Dec. 18, 2024. The board approved release #3 in the amount of $1,359,574.40, leaving an escrow balance of $734,706.24.

Chairman Josh Stouch moved to approve the release; Supervisor Don Bergstresser seconded and both voted Aye. The board accepted the engineer's recommendation and recorded the updated escrow balance.