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Lake Hallie board approves Grand Meadows developers agreement, contingent on surety bond
Summary
Trustees approved the Grand Meadows Developers Agreement contingent on receipt of the required surety bond. The approval preserves the village's requirement for developer-provided surety before the agreement becomes fully effective.
The Village of Lake Hallie on May 18 approved a developers agreement for the Grand Meadows project, contingent on the village receiving the required surety bond. Trustee Pete Lehmann moved the approval and Trustee Brad Hudson seconded; the motion carried unanimously.
The board’s action makes the agreement conditional on the developer providing the specified surety. Public Works updates earlier in the meeting noted ongoing Grand Meadows utility extensions and related site work; the board did not set further conditions at the meeting beyond the surety bond requirement.
