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. 1 <br /> Applicant: John Doyle } ` <br /> Location: James Circle <br /> Request: Review of proposed drainage and profile of <br /> James circle at "old State" development. See <br /> notice of correction from the Registry of <br /> Deeds . <br /> ire i <br /> The representative for the applicant explained that the <br /> previous owner had divided this parcel into 25 lots. It was <br /> r. ` not protected, so they came back with 40, 000 sq. foot lots ! <br /> (when it was up zoned to R3) . The original 25 lots were <br /> i <br /> ,. <br /> approved with condition that road be upgraded to standard. <br /> The applicant has entered onto construction plans easen3ents <br /> p a roval to <br /> to construct roads . They would like to get p <br /> rrrf complete road construction. <br /> Tom asked if the covenant had ever been released? <br /> The applicant stated that it is his understanding that the <br /> original covenant still applies to these lots. <br /> Tony stated that as long as Charlie is satisfied with the <br /> I, <br /> plans, the Board is satisfied. <br /> Louise motioned to approve the plans with Charlie's <br /> comments. Scott seconded the motion. All Board members <br /> were in favor. <br /> Discussion of a new Letter of Credit to replace the current , !; <br /> Letter of Credit for $228,000 from Mirrione Development Co. <br /> for Mabska Road which is due to expire July 27, 19890 <br /> The Board received a letter from Charlie Rowley stating that <br /> there is still outstanding work to be done on Shields Road <br /> and other roads . He does not recommend reducing the L/C and , <br /> further suggests seeking an extension with an increase of <br /> 10% for inflationary cost* <br /> ` Tony asked Tom to send a certified letter, return receipt , <br /> telling the applicant that if the work is not completed and <br /> inspected and approved by the Town by a July 5th or a new <br /> L/C in the amount of $250,000 is received, the Board will <br /> find you in default in the terms of your current L/C and <br /> proceed accordingly. <br /> , <br /> Visit to Windchime set for Saturday June 24th at 10 :00 am. <br /> Lee will contact Jim regarding this date. F <br /> Id <br /> ``- The Board received a letter from Charlie Rowley stated he ' <br /> had inspected the Ramsgate subdivision, and his calculations <br /> Id <br /> show it will cost $74, 000 to complete the work. The Board <br /> has a $80, 000 L/C with no e::piration date. They will <br /> discuss this with Town Council . <br /> Correspondence <br /> The Board Letter of resignation from Scott McAskill, <br /> resigning as of July 19th, 1989r <br /> 12 _ <br />