An escrow agreement was authorized at the Tuesday night Manchester Board of Aldermen meeting for the Tuscan Valley subdivision.
The new neighborhood is being constructed at 740 Sulphur Spring Road. Previously, subdivision developer CJM Investment, LLC said the neighborhood will sit on 4.15 acres of land and is expected to include eight homes which will be a combination of two-story and ranch style houses. They will sell from $400,000 to $550,000.
Emergency legislation was enacted Tuesday night and the board voted unanimously to to approve the escrow bill, which is a pretty standard procedure according to city officials.
Currently, only one model home is built in the neighborhood.
City Engineer Ed Blattner said there is no time frame for when the additional seven homes will be built.
"I don't think he's building anymore until he has a buyer," Blattner tells Patch.