Board approves Twining escrow release, accepts Balmoral dedication; Sarah Drive acceptance deferred
Summary
Wrightstown authorized Escrow Release #5 to Twining Construction for $195,941, approved acceptance of the Balmoral development and final Escrow Release #6; acceptance of Sarah Drive was deferred pending outstanding conditions.
Township Engineer Cindy VanHise requested approval of a partial escrow release for Twining Construction and the Board unanimously approved Escrow Release #5 in the amount of $195,941. "Engineer VanHise requested approval of a partial escrow release for Twining Construction until all items are completed. On a motion by Vice-Chair Magne, seconded by Treasurer Lloyd, the request for Escrow Release #5 of $195,941 was unanimously approved," the minutes record.
The Board also approved Resolution 2025-06 accepting dedication of the Balmoral subdivision and approved Balmoral Escrow Release #6 – Final. however, Resolution 2025-07 accepting Sarah Drive was not approved and will be discussed at a later meeting once all conditions have been met. Attached certification from CKS Engineers documents that $10,421.20 was approved for payment from the irrevocable letter of credit, leaving an undrawn balance of $78,220.08 for the 18-month maintenance period.
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