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HomeMy WebLinkAbout22SITE5 Rev Phase2A-C West of RR BondLtr 10072022H:\PZC\Applications\2022\22 SITE 5 - 125 & 133 Depot Rd & 55 Dock Rd - Gateway Phased Project\POST APPROVAL\22SITE5 125DepotEtAl RevPhase2BondLtr 10072022.docx Town of Montville PLANNING & ZONING DEPARTMENT 310 Norwich-New London Turnpike, Uncasville, CT 06382 Telephone: (860) 848-6779 ~ Email: planningdept@montville-ct.org DATE: October 7, 2022 TO: Gateway Montville, LLC FROM: Meredith Badalucca, Zoning & Wetlands Officer RE: Revised SESC Bond Phase 2A-C (West of Railroad) 22SITE5 - Site Operations/Development Plan – Redevelopment of Industrial Properties for Bulk Storage & Handling Facility with Intermodal Capabilities A SOIL EROSION & SEDIMENT CONTROL BOND (PZ #22SITE5 - Phase 2A-C), in the amount of $131,435.57, per revised bond estimate dated 9/28/22 is required for the following property prior to the start of any work: APPLICANT: Gateway Montville, LLC PROPERTY OWNER: Uncasville LLC/Gateway Montville LLC (Lessee) PROPERTY ADDRESS: 125, 131, & 133 Depot Road and 55 Dock Road PROPERTY MAP/BLOCK/LOT: 071-007-000, 071-013-00 & 071-001-000 and 071-008-000 In order for the bond to be accepted, it shall be submitted in a form acceptable to the Finance Director per the attached “Town of Montville Performance/SESC Bonds.” Please contact me with any questions. Thank you. Sincerely, Meredith Badalucca Zoning and Wetlands Officer ATTACHMENT C: Liz Burdick, Planning Director Pam Bonanno - Finance Department Application File – 22SITE5 H:\PZC\Applications\2022\22 SITE 5 - 125 & 133 Depot Rd & 55 Dock Rd - Gateway Phased Project\POST APPROVAL\22SITE5 125DepotEtAl RevPhase2BondLtr 10072022.docx TOWN OF MONTVILLE PERFORMANCE/SOIL EROSION & SEDIMENT CONTROLS BONDS The Town of Montville accepts these forms of Performance/Soil Erosion & Sediment Controls Bonds: 1. Cash Bond: This shall be a passbook account with the Town named as trustee. (Performance/Soil Erosion &Sediment Controls Bonds must be a cash bond if $10,000 or less). 2. Irrevocable Letter of Credit: This must be from financial institutions with offices in the State of Connecticut. 3. Third Party Surety: The surety providing the performance bond needs to be authorized to do business in the State of Connecticut, must appear on the Federal Department of Treasury’s list of approved sureties and must act only within the underwriting limitation listed therein, and must have a Best’s Rating A or A- (Excellent) or better as published by the A.M. Best Company.