Town Reduces Performance Bonds for Danza Business Park

The Town of Wallkill Town Board approved reductions and replacement of performance bonds posted by Danza Business Park LLC for subdivision roadway and Lot 1 Phase 2 improvements at the Hanover-Goshen Turnpike Business Park. The original sureties totaling $1,660,379.55 will be released upon issuance of new bonds in the reduced amounts of $163,515 and $143,596.20, subject to Town Attorney approval and payment of all outstanding fees.

Scope & details

The full contract record, as filed.

Contract amount

Original total performance sureties $1,660,379.55 (two bonds of $600,682.21 and $1,059,697.34) reduced to $163,515 and $143,596.20

Contract type

FINANCIAL_SERVICES

Renewal

Performance sureties for roadway (Phase 1) and Lot 1 (Phase 2) are being reduced and replaced via Riders, with existing bonds released upon acceptance of new bonds; no renewal schedule is stated.

Document type

Resolution

Source document

Town of Wallkill Resolution Approving the Construction Inspection Escrow and Site Improvement Bonds for the Danza Business Park LLC/Hanover Development LLC Project 2026-07-28

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Wallkill?

Danza Business Park Llc was awarded this financial services contract by Town of Wallkill, as recorded on July 28, 2026. The contract value is Original total performance sureties $1,660,379.55 (two bonds of $600,682.21 and $1,059,697.34) reduced to $163,515 and $143,596.20.

How much is the Danza Business Park Llc contract with Town of Wallkill worth?

The Danza Business Park Llc contract with Town of Wallkill is valued at Original total performance sureties $1,660,379.55 (two bonds of $600,682.21 and $1,059,697.34) reduced to $163,515 and $143,596.20, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a resolution record.

Where was this contract approved?

This contract appears in Town of Wallkill Resolution Approving the Construction Inspection Escrow and Site Improvement Bonds for the Danza Business Park LLC/Hanover Development LLC Project 2026-07-28 (Resolution), dated July 28, 2026 from Town of Wallkill. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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Danza Business Park Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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