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Board authorizes stormwater maintenance agreement, sets performance security at $49,902.31
Summary
The Town Board adopted Resolution #30 requiring a Stormwater Control Facilities Maintenance Agreement and fixed the performance security for completion of the stormwater facility at $49,902.31 for the Marlboro on Hudson condominium project.
The Town Board unanimously adopted Resolution #30 authorizing the Town Supervisor to execute a Stormwater Control Facilities Maintenance Agreement and easement for the Marlboro on Hudson condominium project and set the amount of required performance security at $49,902.31, based on the applicant engineer's estimate approved by the Town Engineer.
Resolution text notes the Planning Board had required execution and recording of the agreement as a condition of special permit and site-plan re-approvals for 36 condominium units. The resolution directs the applicant to file the performance security in the form required by Section 135-11(B)(1) of the Town Code and requires attorney approval as to form and sufficiency before filing.
