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TOWN OF CHESTER v. REPUBLIC INS. CO.

89 A.D.2d 959 (1982)

Town of Chester, Appellant, v. Republic Insurance Company, Respondent, et al., Defendants. (And a Third-Party Action.)

Appellate Division of the Supreme Court of the State of New York, Second Department.

September 7, 1982

Order reversed, with $50 costs and disbursements, and motion denied.

Acting pursuant to section 277 of the Town Law, the Town of Chester requested several performance bonds as a prerequisite for granting approval for a certain subdivision. The purpose of the bonds was to guarantee the satisfactory completion of various public improvements. On February 24, 1972, a bond was posted, with defendant Republic Insurance Company...

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