Deal made to finish infrastructure in unfinished subdivisions | Politics
MIAMI TOWNSHIP, HAMILTON COUNTY, OH (FOX19) – The Hamilton County Commissioners approved an agreement Wednesday for an insurance company to pay to complete roads, sidewalks and other public-area work left undone when a developer abandoned the Legendary Ridge subdivision in Miami Township after the real estate market collapse.
Lexon Insurance Company will pay the entire obligation of $191,126 in public necessary to complete the subdivision.
“Our residents expect and deserve to have basic public infrastructure completed where they have chosen to make their home and invest in our community,” said Hamilton County Commission President Greg Hartmann. “I’m proud we have made it a priority to follow a fair process to ensure the law to protect residents in the predicament of an unfinished subdivision is followed.”
Over 80 homes have been completed in the Legendary Ridge subdivision of 105 lots in total. The developer for the subdivision stopped all work, and large portions of streets in the neighborhood remain in disrepair, leaving exposed sewer caps, grates and potholes. Streets in unfinished subdivisions are also “undedicated,” meaning that they aren’t plowed in the winter or eligible for other regular maintenance by the township or County.
Lexon also holds performance bonds for three other unfinished subdivisions: Fort Scott (Crosby Township), West Chase Park (Green Township) and Kildare Crossing (Green Township) in Hamilton County. The county is in final negotiations with the insurance company to obtain the full value needed to complete necessary public improvements in these three subdivisions as well.
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