Town of Chester v. Republic Insurance

In an action to recover on performance bonds, plaintiff appeals from an order of the Supreme Court, *960Orange County (Isseks, J.), dated April 30, 1981, which granted defendant Republic Insurance Company’s motion to dismiss plaintiff’s second cause of action as against it. 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…