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HomeMy WebLinkAbout1979-10-22 Board of Survey Minutes October 22, 1979 Meeting of the Board of Survey convened at 10:40 P. M. in Room 16, Municipal Building. Present were Acting Chairman Cowell , Acting Secretary Testa Board Members DeHart and Wood, Clerk of the Board E. Roger Louanis and Assistant Superintendent Bergeron. Minutes of the previous meeting were accepted as presented. Clerk of the Board Louanis indicated that work on Latham Lane has been satisfactorily completed and an agreement between Brandt Development, Inc. , the Wakefield Savings Bank and the Board of Sur- vey to cover the remainder of the work in the amount of $48,000. has been given to the Town and therefore the Superintendent recommended the release of Lots 1 through 9 from the building restrictions of a Covenant Agreement involving the three aforementioned parties. It was moved, seconded and voted to release the lots as recommended by the Superintendent and the Board signed the Release. Clerk of the Board Louanis advised the Board that the Town has ' a three-way agreement (Parkwood Construction Corporation, the Salem Five Cent Savings Bank and the Board of Survey) insuring satisfac- tory completion of the work in the amount of $186,600 remaining on Aurele Circle and Benton Circle and recommended the release of Lots 1 through 25 in the development from the building restrictions of the 1979 Agreement and from the Building Restrictions of a Covenant Agreement between Parkwood Construction Corporation and the Board of Survey dated October 16, 1979. It was moved, seconded and voted to release Lots 1 through 25 as recommended by Superintendent Louanis and the Board signed the Release of Restrictions. Meeting adjourned at 10:50 P.M. s tfully u to Secret