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The Planning Board unanimously rescinded its January 21, 2026 approval to partially release lots 14, 15, 29, and 30 at the River’s Edge subdivision after finding that prior releases had not been recorded since 2020 and that the lender had only a $100,000 security agreement on file, despite a previously approved $300,000 bond.
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The decision puts the partial release of four subdivision lots on hold because the financial guarantees were based on incorrect information. Board records indicated that earlier lot releases had not been recorded with the Registry of Deeds since 2020. The Board also continued reviewing Chapters 5 and 6 of the Zoning Bylaw and discussed adding missing 2022 Zoning Map updates to a future bylaw update.
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