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The board voted 5-0 to reduce the Lovis Avenue subdivision passbook from $140,000 to $70,000, extend the agreement through December 31, 2026, and let the Town Engineer authorize the release after required work is completed. The subdivision representative said paving is expected by June 12, 2026.
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The Lovis Avenue subdivision’s financial security will be cut in half, but the board did not release a lot at this meeting. The Town Engineer may authorize the release once the agreement’s conditions are met. The board also reviewed a rezoning grant application, with a June 3, 2026 deadline and possible public engagement beginning in January 2027.
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