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HomeMy WebLinkAboutOregon HeightsFebruary 16, 1988 Southold Town Planning Board Southold Town Hall P.O. Box 728 Southold, New York 11971 Re: Letter of Credit #M-8812 Performance Bond - Oregon Heights Subdivision Charles A. & Edward J. Nalbantian Gentlemen: We hereby establish our Irrevocable Letter of Credit #M-8812 in your favor and authorize you to draw upon this Bank up to an aggregate amount of Twenty-four Thousand Two Hundred Twenty and NO/100 ($24,220.00) U.S. Dollars. Said monies to the extent necessary to complete the improvements hereinafter set forth and referred to herein shall be paid upon demand by the Town Board to complete improvements to the subdivision known as Oregon Heights, Mattituck, Town of Southold, New York. Funds under this Letter of Credit are available against the Town's draft on us presented at our office at 9025 Route 25, Mattituck, New York, no later than March 1st, 1989. All drafts drawn hereunder must all also be accompanied by the Town's signed statement certifyiug that the amount drawn represents sums due under or in connection with the Performance Bond of Charles A. and Edward J. Nalbantian. This Letter of Credit is not transferrable. This credit is subject to the Uniform Customs and Practices for Documentary Credits (1984 Revision), International Chamber of Co~nnerce Publication #400, except as expressly provided herein. Very truly yours, THE NO~TH/~F RK ~'~N~D TRUST C(~4P~Y ~-~Paul M. Clark, Vice President JUDITH T. TERRY TOWN CLERK REGISTRAR OF VITAL STATISTICS OFFICE OF THE TOWN CLERK TOWN OF $OUTHOLD Town Hall, 53095 Main Road P.O. Box 1179 Southold, New York 11971 TELEPHONE (516) 765-1801 THIS IS TO CERTIFY THAT THE FOLLOWING RESOLUTION WAS ADOPTED BY THE SOUTHOLD TOWN BOARD AT A REGULAR MEETING HELD ON APRIL 19, 1988: RESOLVED that the Town Board of the Town of Southold hereby accepts the $24,220.00 Letter of Credit submitted as Performance Bond for Oregon Heights Subdivision, owned by Charles A. and Edward J. Nalbantian, all in accordance with the recommendation of the Southold Town Planning Board. Judith T. Terry ~ Southold Town Clerk- April 21, 1988 RECEIVED APR :l J88 Southold Town Clerk T: D Southold, N,Y. 11971 (516) 765-1938 April 13, 1988 Charles A. Nalbantian International Biotechnologies,Inc. 25 Science Park P.O. Box 9558 New Haven, CT 06535 RE: Oregon Heights SCTM #1000-99-3-12 Dear Mr. Nalbantian: The following action was taken by the Southold Town Planning Board on Monday, April 11, 1988. RESOLVED that the Southold Town Planning Board accept the Letter of Credit dated March 30, 1988. If you have any questions, please do not hesitate to contact this office. cc: Judith Terry, Enc. jt Town Clerk Very truly yours, BENNETT ORLOWSKI, JR.~ CHAIRMAN ~ . , Sidney B. Bowne, P.E., L,S. (1922-1959) Chester C Kelsey, P.E,. L.S. Alexandre W, MerciL PE, Robed A Stanton, P.E Robert W Brown, L.S. Zabdiel A. Blackman, PE., kS. George A. Style, PE. Jerry D Almont, P £ George L Fagan, Jr,, Ph.D., P.E. Thomas R. Pynchon, L.S. SIDNEY B. BOWNE & SON 45 Manor Road Smithtown, N.Y. 11787 (516) 724-0611 September 3, 1987 Bennett Orlowski, Jr. Chairman TOWN OF SOUTHOLD Planning Board Town Hall 53095 Main Road Southold, NY 11971 RECEIVED BY _.S£e 8 7987--- Re: Oregon Heights Subdivision, Mattituck - SBB No. 87166 Dear Mr. Orlowski: Enclosed please find a Bond Estimate for the above referenced subdivision. If you have any questions, please do not hesitate to contact this office. Very truly yours, VM:cr SIDNEY B. BOWNE & SON CONSULTING ENGINEERS VINCENT MARICONDA CC: R. Jacobs, Supt. of Highways V. Lessard, Exec. Administrator R. Dean Enclosure Roland ARdors Frank Capobianco Roger L Cocchi Francis J. Lynch Phlhp Schlotzhauer Joseph F Stegman Paul F Stevens William T Styne MINEOLA · SMITHTOWN · NEW YORK CITY · CLEARWATER . SIDNEY B. BOWNE & SON ¢ September 1, 1987 BOND ESTIMATE FOR OREGON HEIGHTS SUBDIVISION LOCATED IN MATTITUCK, THE TOWN OF SOUTHOLD SUFFOLK COUNTY, HEW YORK ITEM NO. 1 2 3 4 5 6 7 8 QUANTITY 0.2 acres 600 s.y. 80 v.f. I each 60 1.f. 20 1.f. 6 each 600 s.y. DESCRIPTION UNIT PRICE Clearing and Grubbing Site Grading Leaching Pools 10' Diameter Catch Basins Reinforced Concrete Pipe 18" Diameter Concrete Curb Concrete Monuments Topsoil and Seeding $ 2,000.00 1.50 200.00 2,000.00 35.00 15.00 70.00 3.50 Sub-Total 5% Inspection Fee TOTAL AMOUNT $ 400.00 900.00 16,000.00 2,000.00 2,100.00 300.00 420.00 2,100.00 $24,220.00 1,211.00 $25,431.00 SBB 87166 Page One of One D/77 NORTkI I::Oi::ll( BANI( The North Fork Bank & Trust Co. S~b$1d~ary of North Fork ~)ankcorporation, inc. Home Office: Mattituck, New York 11952 March 30, 1988 Diane M. Schultze Planning Board Town of Southold Southold, New York 11971 Re: Irrevocable Letter of Credit #M-8812 for Oregon Heights Subdivision Dear Ms. Schultze: I am enclosing our Irrevocable Letter of Credit #M-8812 for the subdivision known as Oregon Heights for Edward and Charles Nalbantian. Enc. Very truly yours, ~ ~ ,Ir ' f/dane C. Cuccht /×/ Administrative Assistant Robert J. Anrig Senior Vice President