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Minutes for the Meeting of July 31, 1989 4 <br /> —m Mrs. Klauminzer noted that it appeared they were unable to construct in their <br /> preferred plan, to Town standards, a road with a full turnaround from which <br /> legal frontage for the back lot could be derived. Mr. Sorensen questioned the <br /> location of the new house in their preferred plan, and noted that the back <br /> yard, beginning at the house, was a steep slope down to Concord Avenue. Mr. <br /> Larson said there was no room if the road were required to be built with the <br /> conventional cul-de-sac and roadway on the east side of the lot. Mr. Larson <br /> also proposed that the Board consider a waiver of construction of a conven- <br /> tional subdivision road, and allow, by waiver, construction of a common <br /> driveway serving the two homes. <br /> The Board agreed they might consider a different shaped turnaround, such as a <br /> hammerhead, from which legal frontage might be obtained, and they recommended <br /> the applicant prepare a revised plan showing legal frontage derived off a ham- <br /> merhead turnaround for the existing home, and the new home located further <br /> away from Concord Avenue. It was noted a variance may be required. <br /> 194. Carriage Drive, Woodhaven Realty, Set and Accept Surety, Release 2 Lots: <br /> Ms. Nordby reported that 15% of the total cost of the subdivision ($411,453), <br /> that must be held by the Town until the work is completed, is $61,718, and <br /> that the amount of money needed to complete any remaining work is $44,875. <br /> On the motion of Mr. Sorensen, seconded by Mr. Williams, it was voted 4-0-0: <br /> 1) to set the amount of surety at $61,718, which is 15% of the total <br /> "Cost to Construct," as the amount necessary to hold until the comple- <br /> tion of the community facilities and the subdivision. <br /> 2) that this level of surety is determined to be sufficient through <br /> August 1, 1990 only. If the subdivision is not completed by that time, <br /> the amount of surety needed will have to be reevaluated to determine its <br /> relationship between the then applicable construction costs and the work <br /> remaining to be completed. If little or none of the work that remained, <br /> at the time this surety was posted, is completed by August 1, 1990, and <br /> the current costs of the amount of work to be completed has increased, <br /> the amount of surety will be increased to reflect the costs of comp- <br /> leting the work and the developer will be required to furnish additional <br /> surety to the Planning Board. <br /> On the motion of Mr. Sorensen, seconded by Mr. Williams, it was voted 4-0-0 to <br /> accept surety, in the form of a passbook with a deposit slip made out to the <br /> Town of Lexington, in the amount of $61,718. <br /> Ms. Nordby reported the developer has requested the release of Lots 6A and 10. <br /> On the motion of Mr. Sorensen, seconded by Mr. Williams, it was voted 4-0-0 to <br /> release Lots 6A and 10. <br /> 195. Carcia Woods, Charles Borque, Reduction of Surety: On the motion of Mr. <br /> Sorensen, seconded by Mr. Williams, it was voted 4-0-0: <br /> 1) that the Planning Board determines that the cost of completing the <br /> construction of the community facilities and the subdivision is $8,900. <br />