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Town accepts dedication of Bayside Drive; maintenance bond of $74,785.29 required
Summary
The Town Board accepted the dedication of Bayside Drive, authorized the Supervisor to sign the consent, and approved release of the performance bond once replaced by a maintenance bond of $74,785.29, subject to Town Attorney approval.
The Town Board voted to accept the dedication of Bayside Drive after town engineers and the highway superintendent inspected the road and found it built to town specifications. The board also authorized the Supervisor to sign the consent of dedication.
The resolution specifies that the current performance bond and security will be released to the surety upon replacement with a maintenance bond in the amount of $74,785.29, in a form approved by the Town Attorney. The motion carried by a unanimous vote.
