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Mount Hope board creates escrow account for planning and zoning applications
Summary
The board passed Resolution 11 of 2026 to establish an escrow account at Walker Valley Federal Savings & Loan Association for planning and zoning application deposits and consultant-fee reimbursements, and completed a roll-call vote (5 ayes).
The Town Board approved Resolution 11 of 2026 to establish escrow accounts at Walker Valley Federal Savings and Loan Association for planning-board and zoning-board-of-appeals escrow deposits. Supervisor Ricard explained the action implements a previously passed local law authorizing escrow accounts and named the bank branch to be used; the board then took a roll-call vote that recorded five ayes and the motion passed.
Under the resolution the town supervisor will be signatory on the accounts, and town financial staff will keep records of balances, deposits and withdrawals and provide information to the planning and zoning boards as requested. The resolution cites town-law authority for the board's fiscal control over such accounts.
