Escrow release of $63,652.50 approved contingent on developer engineer certification
Summary
Council conditionally approved Escrow Release No. 4 for Sinking Spring OP Holdings in the amount of $63,652.50, contingent on receiving the developer's engineer certification for a retaining wall along Route 724, addressing council concerns raised about the wall's appearance.
Engineer Lowell Leaman presented Escrow Release No. 4 for the bank project in the amount of $63,652.50 and recommended release pending required documentation. Councilman H. David Miller raised a concern about the appearance of a retaining wall along Route 724; Mr. Leaman said the wall was on private property and had reportedly been approved by the developer's engineer, but the borough had not yet received the certification.
Solicitor Keith Mooney reminded council that action needed to comply with Municipalities Planning Code timelines. Council approved the escrow release contingent upon receipt of the developer engineer's certification of the wall; staff was directed to withhold funds until the certification is produced in compliance with the applicable timeline.
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