Planning board approves partial release of security for Cypress Hollow subdivision

The Newbury Planning Board approved a partial release of security funds Sept. 2 for the Cypress Hollow (Cypress Hollow Subdivision at 100 High), authorizing the town to return $7,560 while retaining $11,852 for final completion of infrastructure work.

Planning Director Kristen Grubbs briefed the board that the request — the fourth partial release for the small three‑lot subdivision — had been reviewed by the town's peer‑review engineer and found to match the work completed. A motion to release the specified amount was moved, seconded and approved on a roll‑call vote with all members voting yes.

The retained security will remain available to assure remaining items are finished to specifications before final sign‑off and release. The board recorded the vote and advised staff to coordinate remaining inspections and the final release process with the peer‑review engineer.