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Maybrook conditions $14,146 bond refund on Bluestone paying outstanding sewer bill
Summary
The board approved returning $14,146 of a $32,400 Bluestone public improvement bond on the condition that Bluestone pays an outstanding TAM bill for a sewer blockage; the landscaping portion and contingency remain withheld per attorney guidance.
The Village of Maybrook agreed Aug. 25 to release $14,146 of a $32,400 bond posted by Bluestone, conditioned on Bluestone paying an outstanding bill from TAM related to a sewer blockage.
Attorney Kelly Naughton advised the board that the Village could return the public improvement portion of the bond now but must retain the landscaping portion (planted in March) for one year plus the 10% contingency. The portion allowed for return was $14,146; the minutes note the board approved releasing that amount contingent on Bluestone resolving the outstanding TAM bill. The minutes record that the TAM bill remains outstanding and should be addressed by Bluestone.
