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Town board approves reduction of Metro R Services maintenance bond
Summary
The Town Board voted 5–0 to reduce a portion of Metro R Services, Inc.'s maintenance bond by $1,177,936.12, leaving $895,963.88 still held, following recommendations of town staff and counsel.
On a motion by Supervisor Dave McMillen, seconded by Councilmember Adam Eirand, the board approved a reduction in the maintenance bond provided by Metro R Services, Inc. The board recorded the reduction amount as $1,177,936.12 and noted that $895,963.88 remains held as security, reflecting recommendations from the Town Highway Superintendent, Town Engineer, and Town Counsel.
Town counsel and staff reviewed the reduction recommendation before the vote; the board adopted the resolution by a 5–0 vote. The record does not indicate further conditions tied to the remaining bond amount; the engineering and counsel recommendations were noted as the basis for the action.
