1957-12-17 - Laserfiche WebLink

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PLANNING BOARD MEETING ' December 17, 1957 A special meeting of the Lexington Planning Board was held in the Conference Room, Cary Memorial Building, on Tuesday, December 171 1957, at 7:30 p.m. Present were Members Abbott, Burnell, Jagaith and Soule and Planning Director Snow. Chairman Grindle was present from 7:30 to 7:50 p.m. and from 9:00 to 9:15 p.m. The first matters considered were the release of the performance bonds for work completed in the Green Valley, Sec. 2 and the Oak Knoll, Sec. 1 sub- divisions. Mr. Snow reported that the street signs had been erected inthese subdivisions and that con- veyance of easements and grant of utilities had been obtained. All matters appearing to be in order it was moved by Mr. Jaquith, seconded by Mr. Soule, and unanimously GREEN VALLEY SEC. 2 OAK KNOLL SEC. 1 VOTED: to release the performance bond, dated April 17, 1957s filed by Antonio Busa, as Principal, and The Century Tndem- nity Compan-r, as Surety, in the sum of Eight Thousand and no/100 dollars - ($5,000.00) - to s ecure the performance by the subdivider of his agreement in the form of an application for approval of a definitive plan, Form C, dated March 22, 195.7 to complete the work to be performed by the subdivider as shown on the subdivision plan entitled "Green Valley Section Two Lexington, Mass.", dated March 12, 1957. VOTED: to release the performance bond, dated November 5,1956, filed by Ernest E. Outhet and Kenneth F. Blodgett, trustees of Outhet Realty Trust, as Principal, and the United States Fidelity and juaranty Company, as Surety, in the sum of forty thousand and 00100 dollars - ($40,000.00) - to secure the performance by the subdivider of its agreement in the form of an application for approval of a definitive plan, Form C, dated Sept. 4, 1956, to complete the work to be per- formed by the subdivider as shown on the subdivision plan entitled, "Plan of Lots at Oak Knoll Section One Lexington -Mass." GREEN VALLEY SEC. 2 OAK KNOLL SEC. 1