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Original $5.25 Million Westchester Avenue Bond To Be Released

Town of Harrison
Disclosed value
$5,250,000.00 performance bond
From agendapacket
Document date
Nov 5, 2026

The 30-second brief

What it covers

Harrison recommended releasing 2500/2700 Westchester Avenue Owner SPE LLC's original $5.25 million site bond after accepting Toll Northeast V Corp.'s replacement guarantee. The original bond secured stormwater and public-improvement obligations for the development.

Who holds it

2500/2700 Westchester Avenue Owner Spe LLC holds this insurance contract with Town of Harrison.

What happens next

Term as filed: Original bond dated August 1, 2026; released upon acceptance of the replacement bond.

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Contract details

Contract type
Insurance
Amount
$5,250,000.00 performance bond
Document date
November 5, 2026
Term
Original bond dated August 1, 2026; released upon acceptance of the replacement bond
Vendor
2500/2700 Westchester Avenue Owner Spe LLC
Agency
Town of Harrison
Source document
Town of Harrison AgendaPacket Town Board Meeting 2026-11-05 (AgendaPacket)

2500/2700 Westchester Avenue Owner Spe LLC's other public contracts

Town of Harrison, New YorkTown Authorizes Release of Westchester Avenue Site Bond · Nov 5, 2026UndisclosedTown of Harrison, New YorkEasement Agreements with 2500/2700 Westchester Avenue Owner SPE LLC Under Review · Jan 8, 2026Undisclosed

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Sound OffsignalSound OffSignal Costs Revised Under Police Vehicle Bid · Nov 5, 2026Webb Ave Mp LLPStormwater Easement Agreement Approved With Webb Ave · Nov 5, 2026UndisclosedEVSVehicle Equipment Installation Revised for EVS · Nov 5, 20262500/2700 Westchester Avenue Owner Spe LLCTown Authorizes Release of Westchester Avenue Site Bond · Nov 5, 2026UndisclosedFrankenmuth Insurance CompanyFrankenmuth Surety Bond Set for Replacement and Release · Nov 5, 2026All Town of Harrison activityAgency profile

Questions about this contract

Who was awarded the insurance contract by Town of Harrison?

2500/2700 Westchester Avenue Owner Spe LLC was awarded this insurance contract by Town of Harrison, as recorded on November 5, 2026. The contract value is $5,250,000.00 performance bond.

How much is the 2500/2700 Westchester Avenue Owner Spe LLC contract with Town of Harrison worth?

The 2500/2700 Westchester Avenue Owner Spe LLC contract with Town of Harrison is valued at $5,250,000.00 performance bond, covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Town of Harrison AgendaPacket Town Board Meeting 2026-11-05 (AgendaPacket), dated November 5, 2026 from Town of Harrison. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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