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Council approves $326,799.30 site‑work escrow release for Hatfield Walk
Summary
Based on the engineer's recommendation, the council approved site‑work escrow release No. 1 for 23 North Main Street (Hatfield Walk) in the amount of $326,799.30.
Borough engineering reported that the contractor has reached the construction stage warranting the recommended site‑work escrow release for Hatfield Walk. Staff said the engineer recommended release number 1 in the amount of $326,799.30 based on site stabilization and work completed to date.
The council moved and seconded the escrow release motion and approved it by voice vote. Staff noted a small list of remaining stabilization items (top coat of paving and ancillary work) for final completion prior to future escrows returning to zero.
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