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Home My WebLink AboutPeconic Landing at Southold Inc ELIZABETH A. NEVILLE TOWN CLERK REGISTRAR OF VITAL STATISTICS MARRIAGE OFFICER RECORDS MANAGEMENT OFFICER FREEDOM OF INFORMATION OFFICER Town HaIl, 53095 Main Road P.O. Box 1179 Southold, New York 11971 Fax (631) 765-6145 Telephone (631) 765-1800 southoldtown.northfork.net OFFICE OF THE TOWN CLERK TOWN OF SOUTHOLD THIS IS TO CERTIFY THAT THE FOLLOWING RESOLUTION NO. 226 OF 2004 WAS ADOPTED AT THE REGULAR MEETING OF THE SOUTHOLD TOWN BOARD ON MARCH 23, 2004: RESOLVED that the Town Board of the Town of Southold herebv authorizes the release of the remain in I!: $132.000.00 oerformance bond I!:uarantee for imorovements in Peconic LandinI!: at South old. Inc.. located at north side Main Road, east of Sound Road at Greenport, New York all in accordance with the recommendation of the Planning Board and approval of the Town Engineer. Pl~..' f'.IQ.~../lh. Elizabeth A. Neville Southold Town Clerk SUFFOLK COUNTY NATIONAL BANK Dan A. Cicale Senior Vice President & Trust Officer April 26, 2004 Ms. Holly Stevens Retirement Living Services, LLC 100 Allyn Street Hartford, CT 06103 RECEIVED APR 2 7 2004 Re: Peconic Landing at Southold, Inc. Escrow Custodial Account No. 60-00-6971-32-3 ~ulhol. TOWI Oerl Dear Holly: This will confirm that $132,000.00, plus interest of $2,690.49 was wired to: The Bank of New York ABA #021000018 GLA #111-565 Acct. #648111 Acct. Name: Peconic Landing Construction Fund Attn: Miriam Moraca We released the $132,000.00, under Resolution #226 of 2004, adopted at the regular meeting of the Southold Town Board on March 23, 2004, and the interest under letter dated, July 31,2001, from William G. Thompson, President. This wire represents final principal payment. Their will be a small interest amount credited to the account in the first week of May, representing interest for April, which will be wired to The Bank of New York. Should you have any questions, please do not hesitate to call. Very truly yours, /'iF) ~icale Cc: Charles Cuddy, Esq. William G. Thompson, President Elizabeth A. Neville, Southold Town Clerk Bennett Orlowski, Jr., Planning Board Chairman ~ Trust & Financial Services Group 3880 Veterans J'vlcrnorial Highway, Bohemia. NY 117] 6 ~ 631-285-(,600 -Fax 631-285- 6610 ELIZABETH A. NEVILLE TOWN CLERK REGISTRAR OF VITAL STATISTICS MARRIAGE OFFICER RECORDS MANAGEMENT OFFICER FREEDOM OF INFORMATION OFFICER Town Hall, 53095 Main Road P.O. Box 1179 Southold, New York 11971 Fax (631) 765-6145 Telephone (631) 765-1800 southoldtown.northfork.net OFFICE OF THE TOWN CLERK TOWN OF SOUTH OLD April 2, 2004 Mr. Dennis M. Wilhelm Sr. Vice President Retirement Living Services 100 Allyn Street Hartford, CT 06103 Dear Mr. Wilhelm: The Southold Town Board, at its regular meeting of March 23, 2004, has authorized the release of the remaining $132,000.00 performance bond guarantee for improvements in Peconic Landing at Southold. A certified copy of the resolution is enclosed. Very truly yours, ~~ Elizabeth A. Neville Ene. 04/02/2004 15:34 5313599080 PAGE 01/03 CHARLES R. CUDDY Attorney at Law 445 Griffing Avenue Riverhead, NY 11901 Mailing Address; PO Bo~ 1547 Rivctbead, NY 1190 I 1'01: (631) 369-8200 p'l\l<: (63 J) 369-9080 e:"lnail; charles.cudd\'(iJ)verizon,n,et April 2, 2004 VIA FA.CSIMILE - 765-6145 Elizabeth A. Neville Southold Town Cleric: PO Box 1179 Southold, NY 11971 Re: Performance Bond - Peconic Landing Dear Ms. Neville: On February 13, 2004, I forwarded a resolution from the PlaMing Board recommending release of the remaining Performance Bond for Peconic Landing. A copy of my prior communication is attached. To date, J have not heard further. Please confirm ifthis matter has been taken care of and forward a copy of the Town Board resolution. Very truly yours, ~4?~ Charles R. Cuddy CRC:ms Enclosure 04/02/2004 15:34 53135'3'3080 PAGE 02/03 CHARLES R. CUDDY Attorney at Law 445 Griffing Avenue Riverhead, NY 11901 Mailing Addre..: PO Box 1547 R;vemClld, NY 1190 I Tol: (631) 369-8200 Fo.: (631) 369-9080 ....mail: charles.cudt.trlii.Neti7..on.nol February J3, 2004 VIA FACSIMILE. 765.6145 Elizabeth A. Neville Southold Town Clerk POBox IJ79 Southold, NY 11971 Re: Performance Bond. Peconic Landing Dear Ms. Neville: I note that by the attached resolution, the Planning Board has recommended the release of the remaining Performance Bond for peconic Landing. Please note that, in fact, this is not a performance Bond but a bank account obligation maintained by the Suffolk County National Bank in conjunction with the Town of Southold and peconic Landing to insure performance of development obligations by Peconic Landing. In the Town Board resolution will you please indicated that the performance obligation ofpeconic Landil1g in the form of a bank escrow custodial account is released. Very truly yours, OhadNl?~ Charles R. Cuddy CRC:ms Enclosure ) ') [iJ/3F ~ JAMES A. RICHTER, RX ENGINEER TOWN OF SOUTHOLD, NEW YORK 11971 JOSHUA Y. HORTON SUPERVISOR TOWN HALL - 53095 MAIN ROAD Fax, (516) - 765 - 1366 Tel, (516) -765 -1560 OFFICE OF THE ENGINEER TOWN OF SOUTH OLD Bennett Orlowski, Jr. Chairman - Planning Board Town Hall, 53095 Main Road Southold, New York 11971 December 15, 2003 Re: Peconic Landing Final Planning Board Inspection Report Release of Performance Bonds D ~C~IH~ ~ DEe 1 6 2003 Southold Town Planni'" Boa", Dear Mr. Orlowski: As per your request, Victor L'Eplattenier and I have completed a final review of the Peconic Landing Site for compliance with the Final Site Plan that was approved by the Planning Board. All of the Maintenance Bond items have been completed in a satisfactory manner with the exception of the proposed walkway along the Top of Bluff on the northerly side of the property. This item has been deleted from the project by the developers of the site. Due telthe nature of the proposed construction and the proximity to fragile slopes contained within the 8!luff Face, this would be considered a recommended change to the site plan. Our site inspection revealed the installation of split rail fencing along the landward side of the Top of Bluff on the easterly side of the Site. The inspection also revealed that some of the underbrush in the area adjacent to the Bluff has been cut further back to accommodate the installation of this fencing. At this time, it is recommended that the Town Trustees be given the opportunity to do a final inspection of the Bluff area and provide their input regarding compliance with Coastal Erosion Regulations. On your behalf, I have contacted the Trustees office and suggested that they do a final inspection prior to release of the Performance Bonds. At this time, with the exception of the Trustee matter as noted above, the project is considered complete and meets the minimum requirements established by Town Code and Planning Board approvals. If you have any further questions concerning this matter, please contact my office. CC: Peter Harris (Superintendent of Highways) rn.~ YOUNG & YOUNG 400 Ostrander Avenue Riverhead. New York 11901 i) ): Telephone 631-727-2303 Facsimile 631-727-0144 admin@youngengineering.com HOWARD W YOUNG, Land Surv'ejm THOMAS C WOLPERT, Professional Engineer ROBERT C TAST, Architect RONALD E. PFUHL, Landscape Architect November 11, 2003 ATfN: Mr. Bennett Orlowski, Jr., Chairman Town of Southold Planning Board 53095 Main Road P.O. Box 1179 Southold, New York 11971-0959 RE: PECONIC LANDING at Greenpcrt, T/O Southold, New York (97-0290) Dear Mr. Orlowski: We hereby request, on behalf of Peconic Landing at Southold, Inc., that the Town complete a final site plan inspection of the above referenced facil ity . We ur.derstand that, upon completion of the final site plan inspection, the developer (Retirement Living Services) will be in a position to request release of any remaining monies related to site improvements, ie. street trees - $50,000 and pedestrian paths - $76,000.00. If you have any questions regarding this matter, please do not hesitate to contact us. Very truly yours, TCW/sjt Thomas C. Wolpert, P.E. cc: Retirement Living Services ATfN: Mr. Dennis M. Wilhelm Charles R. Cuddy, Esq. Planning Engineering Land Surveying Architecture ) ') MEMORANDUM To: From: Files Victor L'Eplattenler, Site Plan Reviewp- Peconic Landing SCTM: 1000-35-1-25,et al Re: Date: December 15,2003 Jamie Richter and I went to Peconlc Landing today to perform an Inspection to determine If the final bond could be reduced to zero, at the request of Tom Wolpert, P.E. Jamie has determined that virtually all of the required cOnstruction is complepi, as determined by the engineering reports on file, and verified by on site In,Jpection. However, he noted some recent conditions, which need to be addreissed, as follows: 1. He noted intensive clearing along the bluff, up to the fence line of a recent split rail fence, behind several of the cottages, probably to enhance the view of the L.I.Sound.He will notify the Trustees so they can perform an Inspection and report If Peconlc Landing Is In violation. 2. Some rocks between ponds 1 and 2 appear missing or fallen, although they do not Interfere with drainage or water flow, but make the barrier appear Incomplete or broken. 3. The approved walkway along the bluff, representing a $79,000 item In the approved Bond, was not built, at the discretion of Peconic Landing. This Is O.K. With Jamie, since It was not required to be constructed. 4. The presence of excess debris and brush in the maintenance area was noted, and Jamie will contact Peconic Landing to get It cleaned up ASAP. Jamie will send me a memo regarding the Bond release, and If the Trustees sign off on the clearing along the bluff, a resolution for the PB can be written for the next available meeting. Cc: B.Semon , , ) ) PLANNING BOARD MEMBERS BENNETT ORLOWSKI, JR. Chairman RICHARD CAGGIANO WILLIAM J. CREMERS KENNETH L. EDWARDS MARTIN H. SIDOR P.O. Box 1179 Town HaIl, 53095 State Route 25 Southold, New York 11971-0959 Telephone (631) 765-1938 Fax (631) 765-3136 PLANNING BOARD OFFICE TOWN OF SOUTHOLD MEMORANDUM To: James A. Richter, R.A. Office of Town Engineer From: Victor L'Eplattenier, Site Plan Revie#-- Re: Peconic Landing SCTM: 1000-35-1-25,et al Date: November 20,2003 ,/ /j /1 , . Attached is a copy of a request from Thomas Wolpert P, E., to complete a final site inspection, and subsequent release of the remaining Bond amounts. Upon your return in December, can we please schedule a joint site visit to assess the status of construction remaining (if any)? Also, is Tom's presence on the site visit necessary, or should we just do it ourselves? Please advise me which dates in early December you would be available for the inspection, and let me know the steps required to release the final Bond. Thanks for your assistance in this matter. Cc: B.Semon . r' YOUNG & YOUNG 400 Ostrander Avenue Riverhead, New York 11901 ) ) >Vk",I-- ~Jv'- Telephone 631-12/'-2303 Facsimile 631-121-0144 admin@youngengineering.com HOWARD W YOUNG, Land Survryor THOMAS C WOLPERT, Professional Engineer ROBERT C TAST, Architect RONALD E PFUHL, Landscape Architect November 11, 2003 ATTN: Mr. Bennett Orlowski, Jr., Chairman Town of Southold Planning Board 53095 Main Road P.O. Box 1179 Southold, New York 11971-0959 RE: PECONIC LANDING at Greenport, TIO Southold, New York (97-0290) 0 Itl!:ltiHW NOV 1 3 2003 0 !~ Southold Town Plannin. B08r~ Dear Mr. Orlowski: J , We hereby request, on behalf of Peconic Landing at South old, Inc., that the Town complete a final site plan inspection of the above referenced faCility. / We understand that, upon completion of the final site plan ir~~ection, the developer (Retirement Living Services) will be in a position to request release of any remaining monies related to site improvements, ie. street trees - $50,000 and pedestrian paths - $76,000.00. If you have any questions regarding this matter, please do not hesitate to contact us. Very truly yours, ~t.W~ecC TCW/sjt Thomas C. Wolpert, P.E. cc: Retirement Living Services ATTN: Mr. Dennis M. Wilhelm Charles R. Cuddy, Esq. Planning Engineering Land Surveying Architecture YOUNG & YOUNG 400 Ostrander Avenue Riverhead, New York 11901 ) ) S'~//8F 1;fbNt.- Telephone 631-72/-2303 Facsimile 631-727-0144 admin@youngengineering.com HOWARD W YOUNG, Land Surveyor THOMAS C. WOLPERT, Professional Engineer ROBERT C. TAST, Architect RONALD E. PFUHL, Landscape Architect November 11, 2003 ATTN: Mr. Bennett Orlowski, Jr., Chairman Town of Southold Planning Board 53095 Main Road P.O. Box 1179 Southold, New York 11971-0959 RE: PECONIC LANDING at Greenport, TIO Southold, New York (97-0290) 0 IEfClElWE 0' NOV 1 3 2003 L.=I Soullwld ToWl Plannin. Boa'" Dear Mr. Orlowski: We hereby request, on behalf of Peconic Landing at Southold, Inc., that the Town complete a final site plan inspection of the above referenced facility. We understand that, upon completion of the final site plan inspection, the developer (Retirement Living Services) will be in a position to request release of any remaining monies related to site improvements, ie. street trees - $50,000 and pedestrian paths - $76,000.00. If you have any questions regarding this matter, please do not hesitate to contact us. Very truly yours, ~t.W~e,C Thomas C. Wolpert, P.E. TCW/sjt cc: Retirement Living Services ATTN: Mr. Dennis M. Wilhelm Charles R. Cuddy, Esq. Planning Engineering Land Surveying Architecture ELIZABETH A. NEVILLE TOWN CLERK REGISTRAR OF VITAL STATISTICS MARRIAGE OFFICER RECORDS MANAGEMENT OFFICER FREEDOM OF INFORMATION OFFICER Town Hall, 53095 Main Road P.O. Box 1179 Southold, New York 11971 Fax (631) 765-6145 Telephone (631) 765-1800 southoldtown.northfork.net OFFICE OF THE TOWN CLERK TOWN OF SOUTHOLD THIS IS TO CERTIFY THAT THE FOLLOWING RESOLUTION NO. 283 OF 2002 WAS ADOPTED AT THE REGULAR MEETING OF THE SOUTHOLD TOWN BOARD ON APRIL 25, 2002: RESOLVED that the Town Board of the Town of South old herebv aooroves the reduction in the amount of the oerformance bond for roads. drainafle. and other imorovements for Peconic LandinI!. Greenoort. NY SCTM# 1000-35-1-25, from $3,964,216.00 to $1,670,836.00. ~~;(L.. Elizabeth A. Neville Southold Town Clerk THE SUFFOLK COUNTY NATIONAL BANK TRUST & FINANCIAL SERVICES GROUP 3880 Veterans Memorial Highway, Bohemia, NY 11716 (631) 285-6601 Fax (631) 285-6610 RECEIVED Dan A. Cicale Senior Vice President & Trust Officer DEe 2 7 2002 SOBtlsold Town Clerk December 23, 2002 Ms. Holly Stevens Retirement Living Services, LLC 100 Allyn Street Hartford, CT 069103 Re: Peconic Landing at Southold, Inc. Escrow Custodial Account No. 60 00 6971 323 Dear Holly: This will confirm that $1,538,836.00 plus interest of$12,758.71 was wire to: The Bank of New York ABA #021000018 GLA#111-565 Acct. #648111 Account Name: Peconic Land Const AC PRJ FD We released the $1,538,836.00 under Resolution #839 of2002, adopted at the regular meeting of the Southold Town Board on December 17,2002 and the interest under letter dated, July 31, 2001 from William G. Thompson, President. Should you have questions, please do not hesitate to call. Very truly yours, ~ Dan A. Cicale cc: Charles Cuddy, Esq. William G. Thompson, President Elizabeth A. Neville, Southold Town Clerk Bennett Orlowski, Jr. Planning Board Chairman 04/02/2004 15:34 5313599080 PAGE 03/03 FROM : SOUTHDLD TOWN PLANNING BORRD FRX NO. : 631 765 3136 Feb. 11 2BB4 B2:56PM P2 --, Il.tOll.ARD CAGGIANO WILLIAM J. CREMJilllS &ENNETEl L. &DWMIJS MARTIN H. SIDOR P.O. lloll U79 Tawn HaU, M09S State Raute 25 Southold, Now Yorio 11971.09!i9 'l'..l..phon. (631) 765-1938 ~-"" (631) 765.3136 PLANNING BOARD MEMDERS .n:&Ll.nt 1'1. WOOOHOU$I': ChaJr PI...A.NNlNG BOARD OFFICE 1'OWN OF SOU'l'HOLD February 10, 2004 Elizabeth A. Neville. Town Clerk Town of Southold P.O. Box 1179 Southold, NY 11971 Re: Peconlc Landing at Southold. Inc. Located on the north side of Main Road,1, 121' east of Sound Rd., in Greenport SCTM#1000-35-1-25 Zone: HD Dear Ms. Neville: The following took place at a meeting of the Southold Town Planning Board on Monday, February 9,2004: ""mel\ '* r(:..CD RESOLVED, that the Southold Town Planning Board1elease the remaining $ 132,000. bond as a performance guarantee for improvements and recommends same to the Town Board. i ! " Please contact this office if you have any questions regarding the above. Very truly yours, c.~.4. .:::??~ -"'./4'1 ' <. ...<.. ~rilyn B~Woodhouse Chairperson Att. IS/OS . 02 WED 14: 56 FAX 516 765 6145 SOUTHOLD CLERK ~001 ********************* ... TX REPORT ... ********************* TRANSMISSION OK TXlRX NO CONNECTION TEL CONNECTION ID ST. TIME USAGE T PGS. SENT RESULT 3473 2856610 IS/OS 14: 55 00'34 1 OK ELIZABETH A. NEVILLE TOWN CLERK REGISTRAR OF VITAL STATISTICS MARRIAGE OFFICER RECORDSMAN~GEMENTOFFlCER FREEDOM OF INFORMATION OFFICER Town Hall, 53095 Main Road P.O, Box 1179 Southold, New York 11971 Fax (6al) 765-6145 Telephone (631) 765-1800 southoldtown.northfor k.net OFFICE OF THE TOWN CLERK TOWN OF SOUTHOLD May 15, 2002 Dan A Citale Senior Vic....President & Trust Officer Suffolk County National Bank The Financial Planning Center 3880 Veterans Memorial Highway Boh~mj... New York 11716 Dear Mr. Cicale: I am writing this letter In =dance with oW" telephone IXInversation this morning, The Southold Town Board and Planning Board are requiring a new performam:e bcmd for Peconic Landing in the all1Punt of $1,670,83600. Addition.al improvements have taken place in llCCOrduc. with the Town Engineer's revised bond estimatc dated March 5, 2002, Therefore, the amount that you would wire to Peconic Landing would b. the difference between the aJITent peri:ormance bond in the IIJ1DllJlt pf S2,6Z4.341.00. less Sl,670,836.00, or $953,505.00. My apologies to you for III\Y iDconvenieoce ar mimnderltanding.o. I hope this will clarify the transaction for you. Shauld yau have any tiuther questions with regard la lbi. letter, please call me al 631 765- 1800, ""t. 228. Very truly yours, ~On/,JA Eli2a~h-A N;ville .~ SaUlhold Town Clerk ELIZABETH A. NEVILLE TOWN CLERK REGISTRAR OF VITAL STATISTICS MARRIAGE OFFICER RECORDS MANAGEMENT OFFICER FREEDOM OF INFORMATION OFFICER Town Hall, 53095 Main Road P.O. Box 1179 Southold, New York 11971 Fax (631) 765-6145 Telephone (631) 765-1800 sou tholdtown.northfork.net OFFICE OF THE TOWN CLERK TOWN OF SOUTHOLD May 15, 2002 Dan A. Cicale Senior Vice-President & Trust Officer Suffolk County National Bank The Financial Planning Center 3880 Veterans Memorial Highway Bohemia, New York 11716 Dear Mr. Cicale: I am writing this letter In accordance with our telephone conversation this morning. The Southold Town Board and Planning Board are requiring a new performance bond for Peconic Landing in the amount of $1,670,836.00. Additional improvements have taken place in accordance with the Town Engineer's revised bond estimate dated March 5, 2002. Therefore, the amount that you would wire to Peconic Landing would be the difference between the current performance bond in the amount of $2,624,341.00, less $1,670,836.00, or $953,505.00. My apologies to you for any inconvenience or misunderstandings. I hope this will clarify the transaction for you. Should you have any further questions with regard to this letter, please call me at 631 765- 1800, ext. 228. Very truly yours, ~On~jL Eliza~h A. N;ville .~ Southold Town Clerk ELIZABETH A. NEVILLE TOWN CLERK REGISTRAR OF VITAL STATISTICS MARRIAGE OFFICER RECORDS MANAGEMENT OFFICER FREEDOM OF INFORMATION OFFICER \ CE OF THE TOWN CLERK TOWN OF SOUTHOLD May 15,2002 Dan A. Cicale Senior Vice-President & T Officer Suffolk County National B nk The Financial Planning Cen er 3880 Veterans Memorial Hig Bohemia, New York 11716 Dear Mr. Cicale: Town Hall, 53095 Main Road P.O. Box 1179 Southold, New York 11971 Fax (631) 765-6145 Telephone (631) 765-1800 southoldtown.northfork.net I am writing this letter In accordance with our telephone con . on this morning. The Southold Town Board and Planning Board are requiring a new performance bond for nie Landing in the amount of $1,670,836.00. Additional improvements have taken place in accordance with th own Engineer's revised bond estimate dated March 5, 2002. Therefore, the amount that you would wire to P Die Landing would be the difference between the current perfonnance bond in the amount of $2,624,341.0 , less $1,670,836.00, or $935,505.00. My apologies to you for any inconvenience or misunderstandings. lope this will clarify the transaction fur you. Should you have any further questions with regard to this letter, ease call me at 631 765- 1800, ext. 228. Very truly yours, Ol)e'~~ ( OFFICE OF THE TOWN CLERK TOWN OF SOUTHOLD 05/15/2002 WED 01:13 FAX 15/0~ u~ \'Vt<~1J 1~1: 15 t'AA. 51U 7t55 6145 ELIZABETH A. NEVILLE TOWN CLERK REGISTRAR OF VI'fA!. STATISTICS MARB.lAGE OFFICER RECORDS MANAGEMENT OFnCER FREEDOM OF INFORMATION OF~'lCE}t ~~ ~l 1\~\ . 'lJ ~ -vt~/I Dan A. Ciowe Senior Vice-President &. Trost Oflie~ S"flblk County National Bank The Financial Planning Center 3880 Veterans Memorial Highway Bohemia. New York 11716 Dear Mr. Cicale: ~UUTliULU \..iLb1<.f\ I4i 001 10 uUJ. Town Hall. 53095 Main Road P.O. Boot 1179 Southold, New York 11971 Fa>: (631) 765.6145 Telephone (631) 765-1800 southoldtown.northfork.net ~~ I \\) ~J~. l' ;Y I ,\9" /~t u" ~'7 May IS, Z002 1 am writing this 1_ In IUlCOrd1lllCOO witb ow telephone __lion this lDoming. T.bB Soutbold Town Board and P1anrJiDg Board are ~Iliring a I1ClW porfom\anc:e bond fbr Pecanio Landing iP the amount of $1,670,836.00. AddltioQa/ intproveman15 have taken pl/loe in Il4'COrdanc:e witb lbe TD\lII1l Engin_'s revised bond estimate dllted March 5, 2002, Therefore, tbe amount that YOIl wollkl wire Ul Peconio Landing would b. the dif!:.~!m.'<!l etwecn the current pcd"ormauc:e bond In th, ID1<lWlt of 62.4 34 I... $1.670.836.00, or g'35 595.00 y apologies 10 you for any iDoonvmienc:e or misunderstanding I hope this wm clarify the transactioo for you. Should you have any f\l.ttlKr questiCltlS with regml. to this le11 pkasc ...u me at 631 765. 1800. e><t. 228. ~. (,:;). ~ . ~q \ tJPUlfif 1l1e ~)~ """ -'''.. S,~,. - . !....p .c,'r ~ .'\ I i ...~;i .,~',i',\ U"\J f1ilS V cry truly you"" ~Q2(l!ud& Elizablllh A. Neville SoutholcJ Town Clerk c:;;, (, :1 Lf 3 4- / ! I r; 7D', 7;3 ~ 05 4tJjI/JI , . , :;;;'&~)7 ql t:>z.1 I ~ ~ 'v ' ;::.:;-,€. ,t" "u .:.R L.-6 9.!::, -< , "Co....... ...."... .....' ""..> ..", """;) f r I -e (.c/.U.. ~ -A-~ I ~'.',_~'._ ....,d..... "-,-rO~$} $ b \ ~s. \..{ e .q COJ /@(~() /; 15/05 '02 wED 13:16 FAX 516 765 6145 SOUTHOLD CLERK I4J 001 ********************* *.. TX REPORT *.. ********************* TRANSMISSlON OK TV RX NO CONNECTION TEL CONNECTION ID ST. TIME USAGE T PGS. SENT RESULT 3469 2856610 15/05 13:14 01'12 3 OK ELIZABETH A. NEVILLE TOWN CLERK REGISTRAR OF VI'!'AL STATISTICS MARRIAGE OFFICER RECORDS MANAGEMENT OFf'ICER FREEDOM 01<' INFORMATION OFFICER Town Hall, 53095 Main Road P.O. Box 1179 Southold, New York 11971 Fa:.: (631) 765.6145 Telephone (631) 765.1800 southoldtown.northfor k.net OFFICE OF THE TOWN CLERK TOWN OF SOUTHOLD May IS, 2002 Dan A. Cicale Senior Vi~Ptesident & Trust Officer Suffolk County National Bank The Financial Planning Center 3880 Veterans Memorial Highway Bohemia, New York 11716 Dear Mr. Cicale: ] am writing this letter In ac<:ordanc:e with our telephone c:o.nversation this moming. The Southold Town Board and Planning Board are requiring a new petfonnance bond for Peconic Landing in the amoUllt of $1,670,836.00. Additional improvements have taken place in lI4'COrclance with the Town Engineer's revised bond estimate dated March S, 2002. Therefore, the amount that you would wire to Peoonic Landing would be the difference between the current performance bond in the amount of $2,624,342., les. $1,670,836.00, or $935,595.00. My apologies to you for any inconvenience or misunderstandings. I hope tbis will clarifY the transaction for you. Should you have any further questions with regud to this letter, please can me at 631 765. J 800, ext. 228. Very truly you,,", ~~~ Southold Town Clerk ELIZABETH A. NEVILLE TOWN CLERK REGISTRAR OF VITAL STATISTICS MARRIAGE OFFICER RECORDS MANAGEMENT OFFICER FREEDOM OF INFORMATION OFFICER OFFICE OF THE TOWN CLERK TOWN OF SOUTH Dan A Cicale Senior Vice-President & Trust Officer Suffolk County National Bank The Financial Planning Center 3880 Veterans Memorial Highway Bohemia, New York II 716 Dear Mr. Cicale: ay 15, 2002 Town Hall, 53095 Main Road P.O. Box 1179 Southold, New York 11971 Fax (631) 765-6145 Telephone (631) 765-1800 southoldtown.northfork.net \ I am writing this letter In accordance with our telephone nversation this morning. The Southold Town Board and Planning Board are requiring a new performance bon for Peconic Landing in the amount of $1,670,836.00. Additional improvements have taken place in accordan .th the Town Engin_'s revised bond estimate dated March 5, 2002. Therefore, the amount that you would . e to Peconic Landing would be the difference between the current performance bond in the amount of 2,624,342., less $1,670,836.00, or $935,595.00. My apologies to you for any inconvenience or misund dings. I hope this will clarify the transaction for you. Should you have any further questions with regsrd t this letter, please call me at 631 765- 1800, ext. 228. . Q~ h A Neville old Town Clerk ELIZABETH A. NEVILLE TOWN CLERK REGISTRAR OF VITAL STATISTICS MARRIAGE OFFICER RECORDS MANAGEMENT OFFICER FREEDOM OF INFORMATION OFFICER Town Hall, 53095 Main Road P.O. Box 1179 Southold, New York 11971 Fax (631) 765-6145 Telephone (631) 765-1800 sou thold town.northfork.net OFFICE OF THE TOWN CLERK TOWN OF SOUTHOLD May 2, 2002 Dan A. Cicale Senior Vice President & Trust Officer Suffolk County National Bank The Financial Planning Center 3880 Veterans Memorial Highway Bohemia, New York \1716 Dear Mr. Cicale: The Southold Town Board at their regular meeting held on April 25, 2002 adopted a resolution approving a reduction in the amount of the performance bond for roads, drainage, and other improvement for Peconic Landing from $3,964,216.00 to ,$1,670,836.00. Please execute a new Performance Guarantee Agreement signed bv Peconic Landinfl: and Suffolk County National Bank in the reduced amount and send two _originals directlv to me for signature bv the Town Supervisor. If you have any questions, or need any further infonnation, please do not hesitate to call me at 631765-1800, Ext. 228. Very truly yours, ~o~ Elizabeth A. Neville Southold Town Clerk cc: D. Wilheim, Peconic Landing Charles R. Cuddy, Esq. Planning Board 15/05 '02 wED 11:24 FAX 516 765 6145 SOUTHOLD CLERK [@OOI ********************* *** TX REPORT *** ********************* TRANSMISSION OK TXlRX NO CONNECTION TEL CONNECTION ID ST. TIME USAGE T PGS. SENT RESULT 3464 2856610 15/05 11: 23 00'58 2 OK ELlZABE1'H A. NEVILLE TOWN CILERK REGISTRAH OF VITAL S'I'A.TISTICS MARRlAGB OFFICER R)<:CORDfl MANAGEMBNT Or'f1CER FllliEDOM OF INFORMATION on'ICER Town Hall, 53095 Main Road P.O. Box 1.179 Southold, New York 11971 Fax (631.) 765-6145 Telephone (631) 765-1800 sou tholdtown.nerthforlt.net OFFICE OF THE TOWN CLERK TOWN OF SOUTHOLD May 2, 2002 Dan A. Cicale Senior Vice President & Trust Officer Suffolk County National Bank The Financial Planning Center 3880 Veterans Memorial High.way Bohemia, New York 11716 Dear Mr. Cicale: The Southold Town Board at their regular meeting held on April 25, 2002 adopted a resolution approving a reduction in the amount of the performance bond for roads, drainage, and other improvement for Peconic Landing from $3,964,216.00 to c $1,670,836.00. Please execute a new Performance Guarantee Agreement signed bv peconic Landin2 and Suffolk CO\lJ1tv National Bank in the ......tlnoed amonnt and send two _originals directly to me for silmature by the Town Sunervisor. If you have any questions, or need any further infonnation, please do not hesitate to call me at 631 765-1800, Ext. 228. Very truly yours, 15/05 '02 wED OR:22 FAX 516 765 6145 SOUTHOLD CLERK 411 001 ********************* .** TX REPORT *** ********************* TRANSMISSION OK TXlRX NO CONNECT I ON TEL CONNECTION ID ST, TIME lISAGE T PGS. SENT RESULT 3460 2856610 15/05 09:21 00'51 2 OK ELIZABETH A. NEVILLE TOWN CLERK REGISTRAR OF VITAL STATISTICS MARRIAGE On'ICEa RECORDS MANAGEMENT OFFICER FREEDOM OF INFORMATION OFFICER Town Hall, 53095 Main Road P.O. Box 1179 Southold, New York 11971 Fax (631) 765-6145 Telephone (631) 765.1800 southoldtown.northfork .net OFFICE OF THE TOWN CLERK TOWN OF SOUTHOLD May 2, 2002 Dan A. Cicale Senior Vice President &. Trust Officer Suffolk County National Bank The Financial Planning Center 3880 Veterans Memorial Highway Bohemia, New York 11716 Dear Mr. Cicale: The Southold Town Board at their regular meeting held on April 25, 2002 adopted a resolution approving a reduction in the amount of the performance bond for roads, drainage, and other improvement for Peconic Landing from $3,964,216.00 to $1,670,836.00. Please execute a new Performance Guarantee Agreement signed by Peconic Landing and Suffolk County National Bank in the reduced amount and send two originals directly to me for signature by the Town Supervisor. If you have any questions, or need any further infoIlIllltion, please do not hesitate to call me at 631 765-1800, Ext. 228. ELIZABETH A. NEVILLE TOWN CLERK REGISTRAR OF VITAL STATISTICS MARRIAGE OFFICER RECORDS MANAGEMENT OFFICER FREEDOM OF INFORMATION OFFICER Town Hall, 53095 Main Road P.O. Box 1179 Southold, New York 11971 Fax (631) 765-6145 Telephone (631) 765-1800 southoldtown.northfork.net OFFICE OF THE TOWN CLERK TOWN OF SOUTHOLD THIS IS TO CERTIFY THAT THE FOLLOWING RESOLUTION NO. 283 OF 2002 WAS ADOPTED AT THE REGULAR MEETING OF THE SOUTHOLD TOWN BOARD ON APRIL 25, 2002: RESOLVED that the Town Board of the Town of South old herebv approves the reduction in the amount of the oerformance bond for roads. draina2e. and other improvements for Peconic LandinI!:. Greenuort. NY SCTM# 1000-35-1-25, from $3,964,216.00 to $1,670,836.00. ~Qr~r~Ir' Elizabeth A. Neville Southold Town Clerk RESOLUTION APRIL 25, 2002 v - 283 RESOLVED that the Town Board of the Town of Southold herebv approves the reduction in the amount of the performance bond for roads, drainal!e, and other improvements for Peconic LandinI!. Greenport. NY SCTM# 1000-35-1-25, from $3,964,216.00 to $1,670,836.00. , ( . , ~IfES'Cl IV. - 2 " APRIL 25, 2002 FOR DISCUSSION POSSffiLE RESOLUTION Recommended reduction by Planning Board for revised bond estimate for Peconic Landing RESOLVED that the Town Board of the Town of Southold hereby approves the reduction in the amount of the performance bond for roads, drainage, and other improvements for Peconic Landing, Greenport, NY SCTM# 1000-35-1-25, from , . RECEIVED ifF / 'L ;b (4) /(<57> Highway Department Town of Southold 275 Peconic Lane. P.O. Box 178 Peconic, NY 11958-0178 PETER W. HARRIS Superintendent APR 1 8 2002 Tel. (631) 765-3140 (631) 734-5211 Fax (631) 765-1750 ~oufhold Town Clerl MEMORANDUM TO: Elizabeth A. Neville Southold Town Clerk Peter W. Harris, Superintendent /~ Southold Town Highway Department ~ FROM: DATE: April 16, 2002 RE: PECONIC LANDING - REVISED BOND ESTIMATE - SUFFOLK COUNTY TAX MAP # 1000 - 35 -1 - 25 I am in receipt of a letter from Southold Town Engineer James Richter in connection with the above-referenced project which pertains to a revised Bond Estimate in the sum of $1,670,836.00. Please be advised that I have no problem with this request. PWH: Jes . . ~ WILLIAM J. CREMERS KENNETH L. EDWARDS GEORGE RITCHIE LATHAM, JR. RICHARD CAGGIANO 4t-.;JS-o:J. / j/ P.O. Box 1179 Town Hall, 53095 State Route 25 Southold, New York 11971-0959 Telephone (631) 765-1938 Fax (631) 765-3136 PLANNING BOARD MEMBERS BENNETT ORLOWSKI, JR. Chairman PLANNING BOARD OFFICE TOWN OF SOUTHOLD April 9, 2002 Elizabeth A. Neville, Town Clerk Town of Southold P.O. Box 1179 Southold, N.Y. 11971 RE: Peconic Landing - Revised Bond Estimate SCTM: 1000-35-1-25 Dear Ms. Neville: The following resolution was adopted by the Southold Town Planning Board at a meeting held on Monday, April 8, 2002: BE IT RESOLVED that the Southold Town Planning Board recommend to the Town Board the adoption of the revised Bond Estimate in the amount of $1,670,836.00, dated March 5, 2002 for the above-referenced project. This estimate has been modified to reflect the amount of work completed to date and the estimated value of work remaining to complete the project, as determined by the Town Engineer, and recommended to the Town Board. Please contact this office if you have any further questions regarding the above. ' Very truly yours, II 6~o~;r' Bennett Orlowski,Jr. Chairman encl. cc: Charles Cuddy, Esq. Dan Cicale, Sr. V.P., Suffolk County National Bank ELIZABETH A. NEVILLE TOWN CLERK REGISTRAR OF VITAL STATISTICS MARRIAGE OFFICER RECORDS MANAGEMENT OFFICER FREEDOM OF INFORMATION OFFICER Town Hall, 53095 Main Road P.O. Box 1179 Southold, New York 11971 Fax (631) 765-6145 Telephone (631) 765-1800 sou tholdtown.northfork.net OFFICE OF THE TOWN CLERK TOWN OF SOUTHOLD THIS IS TO CERTIFY THAT THE FOLLOWING RESOLUTION NO. 283 OF 2002 WAS ADOPTED AT THE REGULAR MEETING OF mE soumOLD TOWN BOARD ON APRIL 25. 2002: RESOLVED that the Town Board of the Town of South old bereby annroyes tbe reduction in tbe amount of the nerformance bond for roads. drainaee. and otber imnroyements for Peconic Landine. Greennort. NY SCTM# 1000-35-1-25, from $3,964,216.00 to $1,670,836.00. ~Q~1L. Elizabetb A. Neville Soutbold Town Clerk ELIZABETH A. NEVILLE TOWN CLERK REGISTRAR OF VITAL STATISTICS MARRIAGE OFFICER RECORDS MANAGEMENT OFFICER FREEDOM OF INFORMATION OFFICER Town Hall, 53095 Main Road P.O. Box 1179 Southold, New York 11971 Fax (631) 765-6145 Telephone (631) 765-1800 southold town.northfork.net OFFICE OF THE TOWN CLERK TOWN OF SOUTHOLD THIS IS TO CERTIFY THAT THE FOLLOWING RESOLUTION NO. 283 OF 2002 WAS ADOPTED AT THE REGULAR MEETING OF THE SOUTHOLD TOWN BOARD ON APRIL 25, 2002: RESOLVED that the Town Board of the Town of South old herebv approves the reduction in the amount of the performance bond for roads, drainal!e, and other improvements for Peconic LandinI!, Greenport, NY SCTM# 1000-35-1-25, from $3,964,216.00 to $1,670,836.00. P!~"L.ll,fa~....(I... Elizabeth A. Neville Southold Town Clerk . THE SUFFOLK COUNTY NATIONAL BANK THE FINANCIAL PLANNING CENTER 3880 Veterans Memorial Higbway, Bobemia, New York, 11716 (631) 285-64>01, Fax (631) 285-6610 Dan A. Cicale Senior Vice President & Trust Officer RECEIVED Ms. Holly Stevens Retirement Living Services LLC 100 Allyn Street Hartford, CT 06103 November 6,2001 NOV 7 2001 Southord Town CIeri. Re: Peconic Landing at Southold, Inc. Escrow Custodial Account No. 60006971 323 Dear Holly: This will confIrm that $1,339,875. plus interest accrued to date of$162,662.54 was wired to: u.S. Trust Company of New York ABA No. 021001318 BenefIciary Name: Peconic Landing Project Fund BenefIciary Account No. 01168800 Attn: Miriam Moraca Reference: Performance Assurance Account We released the $1,339,875. based on Resolution #735 of2001, adopted October 23,2001 at a meeting of the Southold Town Board authorizing reduction of the $3,964,216. performance bond for Peconic Landing at Southold. The interest is being drawn per a letter dated July 31, 2001 from William G. Thompson, President. Holly, I will need written authorization for the above wire instructions as the account agreement shows different instructions. I am also enclosing an account history from inception of account. Very truly yours, cZ>a--;4 L c- CLLL Dan A. Cicale Senior Vice President & Trust Officer cc: Charles Cuddy, Esq. William G. Thompson, President Elizabeth A. Neville, Southold Town Clerk Bennett Orlowski, Jr., Planning Board Chairman ~- GIARLES R. CUDDY ATT01<NEY AT LAW 445GR1FF1NG AVENI:E R1VERHEAD, NEW YORK ~~L_~Address P.O. Box 1547 I~iverhead, ;-..JY 11901 TEL: (631) 369-82JXl FAX: (631) 369-CUO{J E-mail: crcuddy@earthlink.net November 24, 2000 Jean Cochran, Supervisor Town of Southold Main Road southold, NY 11971 Re: Performance Guarantee Agreement - peconic Landing Dear Mrs. Cochran: Enclosed is one (1) fully executed copy of the Performance Guarantee Agreement. We anticipate deposit of the funds in Suffolk County National Bank this week. CRC:ms Encs. cc: Greg Yakaboski, Town Attorney Bennett Orlowski, Chairman, Planning Very truly yours, C~R~r:!o Board NOV 2 7 2000 L_'~ , i --.J ELIZABETH A. NEVILLE TOWN CLERK REGISTRAH OF VITAL STATISTICS MARRIAGE OFFICER RECORDS MANAGEMENT OFFICER FHEEDOM OF' INFORMATION OFFICEH Town Hall, 53095 Main Road P.O. Box 1179 Southold, New York 11971 Fax (631) 765-6145 Telephone (631) 765-1800 OFFICE OF THE TOWN CLERK TOWN OF SOUTHOLD THIS IS TO CERTIFY THAT THE FOLLOWING RESOLUTION WAS ADOPTED AT THE REGULAR MEETING OF THE SOUTHOLD TOWN BOARD ON NOVEMBER 14,2000: WHEREAS, Peconic Landing is required to provide a letter of credit, cash, or other security satisfactory to the Town to serve as a performance guarantee for the total cost of furnishing, installing, connecting and completing all of the street grading, paving, storm drainage and utilities for the project known as "Peconic Landing, be it RESOLVED by the Town Board of the Town of South old that the Supervisor, Jean W. Cochran is hereby authorized to execute a Performance Guarantee Agreement whereby Peconic Landing will deposit "Performance Bond" money at Suffolk County National Bank in the sum of $3,964,216.00 subject to the approval of the Town Attorney. a~..u~Q2;k...lk. Elizabeth A. Neville South old Town Clerk ~ 1~/~8/2808 18:35 631~b~~~~~ ~ r;. UJJ.JUl r~ (J-,/tJ'+ ., ""'DI'III_m Ga8l'8llfee AR'I"MIIleat AGBEEMENT madc1bis 2J.... day of /I/ry V:i:It1I... ~ . 2000 b die beDefit of1he TOlW of Soulbold, New York (dIe-r_") by IIId IDIOII8 Pecoaic , ~ -* ~ IDc., aNew York DllIl- profit c:oq>oo~ wi1h aplaceofbo....:..~ ill SO'IlML\ New YcIIk ("Pecaaic r ~ die Town of Soo~ NewYcIIk (lbe"TOWIl") IDIl SuSiolk CouatyNlIIioaaI BalIk, a New York bllllkiq ~ (dIe"BBDkj. . WHBREAS, Peoaoie J.andirlg is UIIIIerlakiDg to eoastruet a retiremeat community -* its property on Route 2S in 1he T_ (the '?rojec:t"); lIJId WHEREAS, Pealaic L8ncIiIlS is requlrecl to provide a leiter, of crecIit, cash or other securily lilI1isfiK:tmy to 1110 Town to ICI'YO as a porformaaGe Jl1IlIDt.eo fOr 1110 tolIIl east of ~ instUling, o:,..nvfing aDd comp1eliDg III of1be street gxadiDg. pavia&. sIDnD. drainage aDd utilities (1he *'ImproVeD1eD1s; and WHBRBAS, the Project will bo ~ed in part fi:om proeeecII of c:crtain boncIa issued under the Indenture of Trust, dated IS ofNowmber I, 2000 (the "Bond TnIl~, by IJld between the Suffolk County 1ft(1'JItrial Deve10pmeat AgeDI:y IJld UDited State& Trust Company of New YOlk, as TNStcc (tbe "Trustee") IJld by a loin tiom tbe "l.CDdm" id~ in the Buildillg Loan IJld B"'...... Costs Loan ApccmaJI, dated 8$ of November I, 2000 IIIDDIIg sud1 Lmd-=rs, BNP Pen"baa, actiDg through its New York Brmeb, IS AdmiIIiIlrltive Aseat. UJd Peconie Landing; NOW, lHEREFORE. for wluable lXlIISideration. die neeipt IIIId sufficiency whereafis hereby aclmowledged. 1be parties hereto agree IS mIlows: 1. 'P..rlh""",,~ Guarantee. Peoaoic I ........i1!i shall deposit the sum of 1hree milliDD, nine hUDdred sixty four thoaI". two hundred sivteen doIWs ($3,964,216.00). (die "'PerformaDce Guanatee") wid11he 8IIlk upoD 1he CXIOO'dinn orchis J.ar--rt- 'The Bank IIuIIl hokldle Ped'ormaDce GuaranlIIc, _die same III3J be .ptb........ from time to time by padial pJ- UIlde.r paragPIPh 2 below, mr die Mu.At of1be Town in III interest beariD& trust ICCOUIIt wi1h all '"~...t earned dJereon beiDg caasidend part of1be Performmce Guanotee b JI1II1IOH5 of1bis Apement 2. "-mt'ftt ofPedOnnanc:e nUA1'1II\fH! If -* any time or times during 1110 1em1 of1his Agreement, the Town provides 1he Bank wi1h a written request mr 1be PerformaDcle Guar8ntee or any portion ~ signed by 1he Town Supervisor, wi1h copies to Peoaoic I......<Ii1lg at Sou1boId, Ine:. at FeatheI" BiI1. P.O. Box 430. SOllfhnltl,. NY 11971,lIIIII Cbarles R. Cuddy, Esq., P.O. Box 1547, Rived1ead, NY 11901. statiDg that Peconic: '{ JOnn.wog bas failed to coastruc:t any or all of the Jmprowm- IS required by 1be 1iDaI sUo plaD fOr the Project, lIJId upon ~ of a 30 day period duriD& wbid1 Pec:oaie , .andiwog may CURl any IIJe&od clefauIt" lbe Bank shall ddiver to 1he Town the PerlbnDance Gu.u...ac or the portiaD dJeceofreques1ed by tbe Town. In 110 event IIbaII the Bank release any po.r1ioa of the Perbmaoce Gl.aJ:aotee to Pecoaie , ........ing or to any Olber perIClIl or entity witblJut 1110 prior wriUco eoDHIIi of the Town. 'Ibll BIIIk IbaII DOt rcleaso 1he PdxmIau:le GuarIIIltoo or ~ portion tbereclexccpt in ~ with the ....;UIIa. ~_ of the TDWIL PRIIIl time 110 time. Peoaoic T _"'fnl may request release or a portion of the escrowed funds when a portim of the subject work is c:ompleted lIDd ICOeptecI by the TcnMI F~ as c:omplimt with Town requip.rnenm ~ ~11/~8/2eee le;::lo b.:l.l..:Ib';1:Jt;JOtJ -.................-- ., ...........-. :Requests tor svd1 nIIease CID occur 110 more hqualy1ban 1bur (4) times peryear. Accepcanc:e and/or certiB--- by ~ T_ may DOt 1IIIRUlIIIabIy be wilbheIcI. All fimds so TCIeased at the requat otP--:e L-~ tbI1I. be tnIIIfcrrcd by tbe Bd directly to the Trustee for depoIit in the "Project Puod" IS defWd in the Boud 1rvI-". IIIld in acc:otdaace with POllODic: I ....~. ~ with die Trustee aDd the I<<lcIers. 3, ImD. um.. fer'nbnaMA cutiar by wrl1ten.."......... of'dIe TOWD, this Agreement sbaIl teTmin..... tIuw (3))'OlIIlI6oaI. die _ of'ila Cl<>C"'l.ooI. III: which time die Jiak sb8Il pay 1he PerlbrmaDce Gua...&.o.1DJI"ber willa my iIdeRst 8IIIIed ---. .. my 8IDOUIItS previously rcle8sed IIIlder paI'lIII'IIpb 2 above. .. cIireetecI in. wriaina by 1ho T_ and in 1110 absmce of any such direction 10 TruslI!e tor c:leposit in ~ "Project Funcl.", 4. T .i""'''''' afBmk 'Ibe BalIk sbaIl be ob1iP""J oaIy 1br~ ~ of such duties as Ire ~ set b'lhherein and may rely aaclllb8ll bo,.. ~ in Idiu& ~ III;y iastnmu:nt or sigro"'ure beJiewd by iUo be pnuine IIId 10 haw beIIIl siancd ClI'PIeladed by 1he proper party ClC parties duly autborized 10 do so. TheBaak IbaD haw 110 resy-ihility fur die ~ of any writing <'nnfeluplatcd herein IIld may rely wi1hout liability upcm die III ........16 1beno( The Baak shall not be 1iable Cor any ob1iptioq taken or omitted by it in good fiIi1h and believed by it 10 be IUtborized benlby, and sbaIl DOt be IiIbIe fix' any...;_I... of'faa ClC error of'jJutr_ or for any acts or ..wions of'any kind uaIess ....- by wiDfUI...;-'V'duct or gross nowir- Pecaaie T .......___....10 m"-iV the Bank and bold it haImless ftum lIIId ..S"ilMtany IIld all liabilities incurIed by it hereunder. 5. llMilmAhnn of Bank. The B8Dk may resign at any time by living written DOUce thereof 10 Pec;onie Landing and 1he Town. UpoII such IlOtice, a 8Ul:Ces~or Bd Iba1l be appointed by 1he parties. If1he pu1ies rcmainiDs ate 1IIIable 10 ugreo upoa a SUCQlllSClC BlIIIk wi1bin teI1 (10) days after such no1ice, the Bank so resigning shall n...,;il"~ a Sllc()C&sor BlIIIl: whid1 may include any bank or trust c:ompany with a place of business in Sufro1k County, New York. The resigning Bank shall c:ontinue to serw umil its "lC<:esSor aa:epl51be appointment and receives the PedDrmance Guarantee. Peconic J .lln4Ula and the T_ sbaII haw die riIbt at II\)' limo upon their ........imnus CXlIISeI1t 10 substitute a new Bank ClC Agen1s by giving wriUm IIDtice 1hereoflO 1be BlIIIl: 1hen ading. 6, AIIlIi~. The Town and the Bank admowledge that this Performance Guuantee Asreement will be -'Ted ami po.Ited .. I:OIIatcral by Peconic LandlJIg to or on the order of the Trustee aDd tbe T <<Iders in ~on with the fi.....ncitIg oCthe Project. Pursuant to such assignment, Pero'lic Lauding sbaIl contUwe to perform under this agreement on behaJf of the TnIStee and the Ienden unless certain conditions oftbe tilUlMIlg are not util1ied. The Town and the Bank agree to contiDue to pedbnn UDder and accept the terms of this Agrcc:mcot if the Trustee or tbe Lenden give written noti(1C to them that Pcconic Landini will no longer perform hereuncler on their bebaIf IN wrI'm!SS WJrnREOF, 1be parties hereto haw executed this Agreement IS of1he ~ and year 1Jntt above-written. WITNESS PECONIC LANDING AT SOumOLD, INC. : " r,1/,El8/2E1E1E1 lEI: 3~ , b.:lJ..:Ib';j':fl:::ttl(l ......_~-"''-'o.J........, ,..,.....l.... 0"" 0'+ ~'-~ Iis~A..... s Its TOWN OF SOUIHOm BY.~~ COL~ own Supervisor -~ THE SUFFOLK COUNTY NATIONAL BANK THE FINANCIAL PLANNING CENTER 3880 Veterans Memorial Higbway, Bobemia, New York, 1] 716 (631) 285-6601, Fax (631) 285-6610 Dan A. Cicale Senior Vice President & Trust Officer RECEIVED November 6, 2001 . Nav 7 2001 Ms. Holly Stevens Retirement Living Services LLC 100 Allyn Street Hartford, CT 06103 " Soufhold Town C1e.... !ll o z - n Re: Peconic Landing at Southold, Inc. Escrow Custodial Account No. 60 00 6971 32 3 s: z c - z C1 Dear Holly: This will confirm that $1,339,875. plus interest accrued to date of$162,662.54 was wired to: U.S. Trust Company of New York ABA No. 021001318 Beneficiary Name: Peconic Landing Project Fund Beneficiary Account No. 01168800 Attn: Miriam Moraca Reference: Performance Assurance Account We released the $1,339,875. based on Resolution #735 of2001, adopted October 23,2001 at a meeting ofthe Southold Town Board authorizing reduction of the $3,964,216. performance bond for Peconic Landing at Southold. The interest is being drawn per a letter dated July 31, 2001 from William G. Thompson, President. Holly, I will need written authorization for the above wire instructions as the account agreement shows different instructions. I am also enclosing an account history from inception of account. Very truly yours, C)~i--~-;4 Le- C<--LL Dan A. Cicale Senior Vice President & Trust Officer cc: Charles Cuddy, Esq. William G. Thompson, President Elizabeth A. Neville, Southold Town Clerk Bennett Orlowski, Jr., Planning Board Chairman .~ If.,.... .. ELIZABETH A. NEVILLE TOWN CLERK REGISTRAR OF VITAL STATISTICS MARRIAGE OFFICER RECORDS MANAGEMENT OFFICER FREEDOM OF INFORMATION OFFICER Town Hall, 53095 Main Road P.O. Box 1179 Southold, New York 11971 Fax (631) 765-6145 Telephone (631) 765-1800 OFFICE OF THE TOWN CLERK TOWN OF SOUTHOLD THIS IS TO CERTIFY THAT THE FOLLOWING RESOLUTION NO. 735 OF 2001 WAS ADOPTED AT THE REGULAR MEETING OF THE SOUTHOLD TOWN BOARD ON OCTOBER 23, 2001: RESOLVED that the Town Board of the Town of South old hereby authorizes the reduction of the $3.964.216.00 performance bond for Peconic LandinI! at Southold in the amount of $1.339.875.00, all in accordance with the recommendation ofthe Southold Town Planning Board and Superintendent of Highways Raymond Jacobs. Pt~(lQ~'tJ,.. Elizabeth A. Neville Southold Town Clerk #. ~.... RESOLUTION OCTOBER 23, 2001 v - 735 RESOLVED that the Town Board of the Town of South old hereby authorizes the reduction of the $3,964,216.00 Derformance bond for Peconic LandinI! at Southold in the amount of $1,339,875.00, all in accordance with the recommendation of the Southold Town Planning Board and Superintendent of Highways Raymond Jacobs. '. RAYMOND L. JACOBS Superintendent Highway Department Town of Southold Peconic Lane Peconic, N.Y. 11958 October 19,' 2001 Elizabeth A. Neville, Town Clerk Southold Town Hall P. O. Box 1179 Southold, New York 11971 Re: Bond Reduction - Peconic Landing Dear Ms. Neville: I have reviewed Mr. Richter's report of September 27, 2001 and Mr. Orlowski's letter of October 16, 2001 in reference to reducing the performance guarantee of Peconic Landing and concur with their findings. ~"""llY , Rt~f:bs Highway Superintendent cc: Bennett Orlowski, Jr. James RILchter Tel. 765-3140 734-5211 Fax 765.1750 . '" . ~ ...... WILLIAM J. CREMERS KENNETH L. EDWARDS GEORGE RITCHIE LATHAM, JR RICHARD CAGGIANO Town Hall, 53095 State Route 25 P.O. Box 1179 Southold, New York 11971-0959 Telephone (631) 765-1938 Fax (631) 765-3136 PLANNING BOARD MEMBERS BENNETT ORLOWSKI, JR Chairman PLANNING BOARD OFFICE TOWN OF SOUTHOLD October 16, 2001 Elizabeth A. Neville, Town Clerk Town of Southold P.O. Box 1179 Southold, NY 11971 Re: Approved Site Plan for Peconic Landing at Southold SCTM#1000-35-1-25 Dear Ms. Neville: The following resolution was adopted by the Southold Town Planning Board at a meeting held on Monday, October 15, 2001: BE IT RESOLVED that the Southold Town Planning Board recommend to the Town Board that the Performance Guarantee in the amount of $3,964,216.00 for Peconic Landing at Southold be reduced in the amount of $1 ,339,875.00. As noted in Mr. Richter's September 27,2001 report, with the exception of the drainage pipe, all required construction items have been completed in a satisfactory manner. The Planning Board is not requiring the installation of the 233 lineal feet of 36" drainage pipe due to the location of the rock storage pile at the site. Please contact this office if you have any questions regarding the above. ~d}4. Bennett Orlowski, Jr. Chairman enc. cc: Charles Cuddy, Esq. Dan A. Cicale, Sr. Vice President, Suffolk County National Bank Fax. (516) - 765 - 1366 5A pI ((, JAMES A. RICHTER, R.A. ENGINEER TOWN OF SOUTHOLD, NEW YORK. 11971 JEAN W. COCHRAN SUPERVISOR TOWN HALL - 53095 MAIN ROAD Tel. (516) -765 -1560 OFFICE OF THE ENGINEER TOWN OF SOUTHOLD q/u September 27,2001 Bennett Orlowski, Jr. Chairman - Planning Board Town Hall, 53095 Main Road Southold, New York 11971 Re: Peconic Landing - Request for Bond Reduction Dear Mr. Orlowski: As per your request, I have reviewed the request for Bond Reduction from Retirement Living Services, My report is as follows: The proposed reduction of the Bond is indicated by the Construction Cost Estimate dated 8/20/01 and is titled Value of Work Completed. A copy of this document has been enclosed for your reference. Item # 11 indicates that 233 lineal feet of 36" drainage pipe has been installed. This item, according to field inspections, has only 160 lineal feet installed due to the location of the rock storage pile at the site. This is the only modification to the proposed Bond reduction and is considered a minor change to the request. Based on the requested value of work completed and the modification to item # 11 as listed above, the Value of Work Completed to date is one million, three hundred thirty nine thousand, eight hundred seventy five ($ 1,339,875.00) dollars. If you have any questions concerning this report, please contact my office. ~r~,~re'\~q'l' . 'I'~"'r .iJ~!J'i,.jIi\rJ" ~\fttj ....1... "\' '. '-:_-"'._-~ 'ill l .'_ ,~ '.,.-\ . . )Ir. . :.. SEP 1:18" ~';?Y' rely, am"A.~ ::llm1.1t~~"I""6WiI1 illimm~ .~ ,.... .' 08/20/2'''"1 14: 35 6317270144 YOUNG YOUNG PAGE 03 August 20, 2001 ?~ CONSTRUCTION COST ESTJ:MATE. Prepared for PECONtC LANDING at Greenport. Town of SouUlold, New York based on Bond :E$tllnate dated August 28. 1998 Prepared by Town of Southold Offtce of the Engineer ncm DescrtDtton ow. ... UnIt ,rniT (""pst Total rn~:r .b[a. l Saw Cut Asphalt Pilvem.ent (S.R. 25) 1,500 L-P. 53.00 54.500.00 2 ClearInB . Grubblnar 69.4 Ac;res 52,500.00 5173,500.00 3 OemolitioD/R.elDoval of Existing Suuetul'eS JOB S75.000.00 S75,OOO.00 4 Rou8l1 Gradl.nglUnclasslfied Excavation 264,000 C.Y. 52.50 5660,000.00 S Catcb Basin 103 Each 52,500.00 S257.500.00 6 Leacb.\nlJ Pool (10' DIa. X r deep) 20 Each S2,OOO.00 S40,000.00 7 Concrete MaMole (4' ~.) 47 Each 52,000.00 S94,Ooo.oo S 18- CIa. H..D.P.E. Drainage Pipe 9,SSI LoF. S25.00 5238.775.00 9 24~ Ole.. H.D.P.E, DrlUn.age PIpe 2,77S LP. $30.00 $83,340.00 10 30. Ola. H.D.P.L Dr"'~"V Pipe 407 LF. $35.00 $14.24S.OO n 36M Dla. }LD.P.L DraInage Pipe 457 L.P. S40.00 51S,280.00 12 IS" ct.. Cast Iron Drainage Pip.. 825 L.P. S30.00 524,750.00 13 Rod< DaID 4 Each S5,OOO.00 S20.0OO.00 14 Rock Head Wall 3. Each IS,OOO.OO S15.000.00 15 Pre"allt Conaete CUlvert I Each 5100.000.00 5100,000.00 16 Pond Uner (2' Compacte" Clay) 3.156 S.Y. 515.00 547.340.00 17 Fine Grading 65,000 S.Y. 51.50 597,500.00 18 COncrete Curblnw 1.570 L.P. $10.00 $15,700.00 J9 COl1C:X'$te Sidewal1c 754 S.Y. S30.00 S22.620.00 20 3/4" Stone Blend or "RCA" 6,830 C.Y. 530.00 $204,900.00 21 AllpbAlt pavocment 14,500 Tons 560.00 5870,000.00 22 Erosion Control Strucwre 3.500 L.P_ S10.00 $35.000.00 23 Mluonry Retainlna Wall 1.166 L.P. $150.00 $174,900.00 z4 Street Tl'ee 500 Each 5200.00 $100.000.00 25 TOpsoil .. seed 85;698 S.Y. SZ.OO 1171,396.00 26 Street U8l1t 175 Each 11,500.00 1262,500.00 27 Road Restoration (Batley. Atlantic Avenue) 1.340 LI'. 55.00 56.700.00 28 Mi..ro Sw'faclnS: (BlIlley .. Atlantic Avenue) 4,200 S.Y. S1.20 15.040.00 29 Pedestrtan Path 7.600 S.Y. IlO.OO $76.000.00 30 Street Sign 80 Each $200.00 116.000.00 31 Fire Lan.e 2,223 S.Y. $10.00 522.230.00 32 Tl'ash Pick Up Area JOB S7,500.00 33 Matntenance .,. Protection of Traffic JOB $10.000.00 Sub-Total - 53,964.216.00 ... 6 "Admtnlstration Pee ~ 5237,85:2.96 TOTAL = $4.202,068.1'& -. .,....-. 08/20/2001 14:35 63172713144 Item &t. 5 6 7 8 9 (~ "'t2 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 YOUNG YOUNG PAGE 04 9d Augu,st 20, 2001 CONSTRUCTION COST ZSTIMATE Prepared for PECONIC LANDING at ere.... .e... D. p. O:l'..t.. '. T...O. wn..... 0'..5. O. u.......tho..l. d.. ..' .lIfew Yprk ';~jlJil~''''~'' ()f'~t"';~~lete. as of AUg;llst ::fO. 2001 nPAC'rtn1'tnn 1 2 3 Saw Cut Aapbalt PaveDlent C1elU'1D8 '" Grubblnll Oemol1t1on/llemoval ot J!Jdstln8 Su:uctutes ROUSh Gradin8/Unclassifled Excavation Catch Basin LeacbUllJ Pool (10' :D1a. X r deep) Conerete MIOn'h91e (4' J)la.) 18" OIL H.D.P.E. Drainage Pipe 24" Dla. H.D.P.E. Dra1nage Pipe ~O. OIa.. H.D~P.E. Dl'amase Pipe 36" ~ ~.P.E. Dr~"Pipe iit" tAl catlr6n'orli.lriag., J1.p., ROclot Dam Rock Head Wall Precast Con~te Culvert pond UIler (2' Compacted Clay) Fin.. GradinIJ Concrete C\lI"blng concrete Sidewalk 3/4. StOJl,e Blend or '"RCA" Aapbalt Pavemen1: ErOsIon Control Stnlcture Maaomy Reta&ninIJ Wall Street Tree Topsoil '" seed StNtt LtSlu: Road RestotatIoD (BaUey '" Atlantic Avenue) Micro S\lI"fadng (BaUey '" Ad_de Avenue) pedestrIan Path SU'eet Sign PIre Lane Trash Pick Up Area MatDtlPftSlft"e 6- Protection ot "n'afftc -4 28 29 30 31 32 33 n." &. 'Unit o LF. 65.93 Acres 2~ eo.....l 211,200 C.Y. 58 Each 20 Each 24 Each 5,653 LF. 1.356 L.F. 407 L.F. I{DO ;iiJil ....f. o '-F. o Each o Each o Each o S.Y. o S.Y. OLF. o S.Y. o Coy. o Tons 3.500 L.F. 1,076 L.F. o Each o S.Y. o Each 01..1". o S.Y. o S.Y. o Each o S.Y. o o lJntr C:n~n S3.00 S2,500.00 $75.000.00 S2.50 SZ,500.00 S2,OOO.00 $2,000.00 $25.00 130.00 135.00 540.00 530.00 $5.000.00 55,000_00 1100.000.00 115.00 S1.50 S10.00 530.00 $30.00 S60.00 S10.00 1150.00 S200.00 $2.00 $1,500.00 S5.00 $1.20 S10.00 $200.00 S10.00 Sub-T.otal - .. ~ ~ A"'wlllt~t~attQIR F... - TOTAL = .BONO RE:.D lJC:1'lOt-l AfAAWE.n yzyo I = TnI'A] Cn:Qr 10.00 SI64,825;00 S15,OOO.OO S528.000.oo $145,000,00 540,000.00 548,000.00 5141,325.00 S40.680.00 514.245.00 11iI.:iIae.ee ,(P:. 10.00 $0.00 SO.OO 50.00 10.00 SO.oo SO.oo SO.OO 50.00 10.00 535,000.00 S161,400.00 SO.OO SO.OO $0.00 SO.oo $0.00 $0.00 $0.00 SO.OO 10.00 Ii, SO.oo If I .339 <&15.00 l1.ua,7.gg.99 ISQ.&&7.78 $I,4;311,a62.?8 J I 33~ ~1~.oo J I . . ~ '.'" . 08/20/2001 14:35 63172713144 YOUNG YOUNG PAGE 05 . f-e- Al,lgust 20. 2001 CONSTRUCTION COST ESTIMATE Prepared for PECONJC LANPlNG at Greenport, Town of southold, New Yorl< indicating VWl,le of Work Remainlng as of August 20. 2001 I1ml De~c::=rintton Otv. &, Unit Unit Cost Total Cost. )lIg. 1 Saw On Asphalt Pavetnent 1.500 LI'. S3.00 S4,SOO.00 2 Clearing. Grubbing 3.47 Acres S2.500.00 $8,675.00 3 DeJno1ltloD,lRemDval of Existlng strUemres 80% $75.000.00 $60,000.00 4 Rough Gra~ed Exc:avatlon 52.800 C.Y. $2.50 $132,000.00 5 CIltcb Bum 45 Each S2,500.00 $112,500.00 6 IAac:biDa Pool (l0' Dla. X r deep) o Each 52.000.00 50.00 7 l;o..-te "".....,.te (4' PiL) 23 Each $2,000.00 546,000.00 8 18" OiL H.D.P.E. DralDaa<! Pipe 3,898 LF. $25.00 $97,450.00 9 24" DlA- H.D.I'.1!- Dralwage Pipe 1.422 1.-1'. $30.00 $42.660.00 10 30. DIll. H.D.P.I!- Drldnage Pipe 01-1'. $35.00 SO.OO 11 36" Dla. H.D.p.1!- OralDage PIpe 224 1-1'. S40.00 $8,960.00 12 IS" Dia. Cast Iron Dralnage Pipe 825 L.F. S30.00 S24.750.00 13 Rock Datn 4 Each $5.000.00 $20,000.00 14 1tock Head wall 3 Each 55.000.00 $15,000.00 15 Precast Concrete CUlvert 1 Each Sl 00,000. 00 $100,000.00 16 Pond LIner (2' Completed Clay) 3.156 S.Y. $15.00 547,340.00 17 Fine Grading 65,000 S.Y. $1.50 597.500.00 18 Concrete Curbing 1.570 1.-1'. $10.00 SI5.700.00 19 Concrete Sidewalk 754 S.Y. $30.00 522,620.00 20 3/." Stone m....d or "RCA" 6.830 C.Y. 530.00 5204.900.00 21 ASphalt Pavement 14.500 Tons 560.00 5S70,OOO.00 22 Erosion Control StrUcttU'e 0):,.1'. $10.00 SO.OO 23 MasonrY ll..~..lnlng Wall 90 L.p. $150.00 Sl3.500.00 24 Street Tree 500 Each S200.00 SlOO.OOO.OO 25 Top.oU . Seed 85,698 S.Y. 52.00 $171.396.00 26 S,"et Ught 175 Each $1,500.00 5262,500.00 27 Road RestOratlOD (Balley &, Atlantic Avenue) 1.340 LF, 55.00 56.700,00 28 Micro SurfaclDg (Bailey .. Atlantic Avenue) 4.200 S.Y. S 1.20 15.040.00 29 Pedestrtan Path 7,600 S.Y. 510.00 $76,000.00 30 s,"et SlllD 80 Eacb 5200.00 $16.000.00 31 Fire LaDe 2,223 S.Y. $10.00 522,230.00 32 Trasb Pick Up Mea 100% 57.500.00 57.500.00 33 Malnl:enaJlce . PJ'otectloD of Traffk 100% S 10,000.00 510.000.00 Sub-TotaJ- 52,621,421.00 + 6 " Admlnlstratlon Fee - 5157.285.26 TOTAL "" S2, 778, 706.26 . '. , ATTORNEY AT LAW 445GRIFPING AVENUE RIVERHEAD.NEW YORK "I:l rn C"l o Z - C"l !; Z C TEL (631)369-8200 Z FAX, (631) 369-'Xl8O ~ E-mail, c,cuddy@eMthlink.l1el \ GIARLES R. CUDDY MailinQ AddreSE: P.O. Box 1547 Rive,head, NY 11901 November 24, 2000 Jean Cochran, Supervisor Town of Southold Main Road Southold, NY 11971 Re: Performance Guarantee Agreement - peconic Landing Dear Mrs. Cochran: Enclosed is one (1) fully executed copy of the Performance Guarantee Agreement. We anticipate deposit of the funds in Suffolk County National Bank this week. CRC:ms Encs. cc: Greg Yakaboski, Town Attorney Bennett Orlowski, Chairman, Planning Very truly yours, C~R~r:!o Board NOV 2 7 2000 L', ..-J . '. f ELIZABETH A. NEVILLE TOWN CLERK REGISTRAR OF VITAL STATISTICS MARRIAGE OFFICER RECORDS MANAGEMENT OFFICER FREEDOM OF INFORMATION OFFICER Town Hall, 53095 Main Road P,O. Box 1179 Southold, New York 11971 Fax (631) 765-6145 Telephone (631) 765-1800 OFFICE OF THE TOWN CLERK TOWN OF SOUTHOLD THIS IS TO CERTIFY THAT THE FOLLOWING RESOLUTION WAS ADOPTED AT THE REGULAR MEETING OF THE SOUTHOLD TOWN BOARD ON NOVEMBER 14,2000: WHEREAS, Peconic Landing is required to provide a letter of credit, cash, or other security satisfactory to the Town to serve as a performance guarantee for the total cost of furnishing, installing, connecting and completing all of the street grading, paving, storm drainage and utilities for the project known as "Peconic Landing, be it RESOLVED by the Town Board of the Town of Southold that the Supervisor, Jean W. Cochran is hereby authorized to execute a Performance Guarantee Agreement whereby Peconic Landing will deposit "Performance Bond" money at Suffolk County National Bank in the sum of $3,964,216.00 subject to the approval of the Town Attorney. Pt~..I4.fCl.?;k ;11.. Elizabeth A. Neville South old Town Clerk . . 1}.1 Pl:il LtJt::Jtj .~ 0" f J.t:I;,,:)~ u....~........,.,......... '- Perl........... GIIL.w.fee Anwmeat AGREEMENT madc1bis 2l.. dq of /l/O'rmrtk Y . 2000 fir tbe beaefit of1be Town of SoulbokI. New YurIt (1bc '"Town") by IDd ftIVW\8 Pecaaic T -+'I at lW1lItnLl" Iac., a New York DllIl- profit <;O&l""'odioa. wllh a place ofbusiDess iD. S001lltnLl" New York ("Pecaaie r ..~ tbe Tovm. of SouIbold. New YOlk (die "Town") _ SuSbIk CouatyNlIIioaI1 BalIk, a New York b~ ...:Il~ (1bc"B1Dkj. . WBBKBAS,PeoaaicI~ is underlakiDg to ClClIISlruct a rahcment community at its property on Rou1e 2S in '!be Town (die "Project"); _ WBEREAS.1'ecaaic L8ndiIlg is requlred to provide a 1eUer, of crecIit, CIIb. or other security S8~ to 1be Town to SCIW . a pcrformIaGc JUIDDUle fir the tDtal ClCIIIt oflbnU~ m....n~. ~g IIId (llWl!pl~ all af'1be street gndiDg. paviag. SlDnD drainage _ u1iIi1ies (die -.rmpovememsj; and WHEREAs. the Project will be fipI(lod in part Dom proceeda of c:crtain boflda iSIUed under the Indenture of Trust. dated u ofNcr...wber I, 2000 (1bc '"Bond T...l"U'll"), by 8Dd b.ltween the Suffi>1k Couuly JDdnmiaJ Development AgerJI:y 8Dd UDited States Trust Company of New York, as Trustee (the "Trustee") aDd by alou16om 1bc "I.eada" ~ in the Building Loan aod p..JopdCosts LolIIl Ap:cmaII, dated 8$ of November I, 2000 I01ftnI1i such L-vlers, BNP Pan"baa. ~ 1brou8h its New York Brmcb. as .A.dminiJIrUiye Agoat, aDd Peconic Landing; NOW, 1HEREFORE. for valuable coosidendion, 1be m:eipt lIIId SII1Iiciency wheleofis hereby aciaIowledged, 1be patties berelD agree. mtIows: 1. p~nn"""" Guarantee. Pecmic' .lmrlu,g shall dIlposit the sum of1hree million, nine hundred 5ixly four diousaI'd. two huadred sixteen doI1am (Sl,964,l16.00), (1bc '"PerformaDce Guanmtee") wi1h '!be 8Iak upGIl the C>'WdWo ofcbis ~ 1lIeBank Iba1l hold 1be PerbmaDce GuIna18t, . tbe same 1IIIY be rech....... 80m time to time by pII1iIl Rl-- UDder ~ 2 below, fur tbe ~ oftbe Town in lID blWest beariD& trust ICCOUIIt wi1h all iht\....ot MIned thereon beiDg ~partoftbe Po.forlllllllCll GuarIIIIM firpwpal15 of1bis Agteement. 2. ..........l'!I1t ofPelfuau.......... Gt.a...atee. If at any time or times during 1be term oftbis Agreement, the Town provides the B8Dk with a wriUen request fir 1be performaDc:e Guarantee or any portion ~ signed by 1be Town Supenisor, with copies to Pec:ooic: ,~ at Sou1hold, Inc. at Fealha- Hill. P.O. Box 430, SouthoJd. NY 11971,_ C'JwoI....ll Cuddy, Esq., P.O. Box 1547, Riwrh'el'CI. NY 11901, stating that Peconic 1: ...IIi"'8 bas failed 10 c:oostruct any or ell of 1he Improvemen1& . required by tbe fiaaI site plan fir tbe Pmjec:t, lIIId upon IIXpiraIion of. 30 day period during which Pecxlaio 1 .-li~ may cure lIlY IIle&ed defauk" 1bo Bank &ball doIiver 10 1be Town die Perlbrmanal Gu...uteo or tbe portioo thereaf'reqIIllS1ed by tbIl Town. In 110 ewm lIbaII1be Bd: release any poriOIl of the Performaace Gl..,(aee fa Pecaaic J ....ding or fIO any olber person or eDIity without die prior wriUcD ClOGIeI1t ofdle Town. Tbe B8Dk IhaII DOt ro1eao1be PerfiormlaMle auar.ntee Q(" lIlY portioo dIereolcxa:pt ill ~ wi1h the wriUal dirocti'llO'l ol1be Tawa. FlUID time fa time, Pec:ooic T .......iIl! may request release of a portioo rLtbe esc:mwed DIDlIs when a porlion oftbe subject work is completed aoclllC~ tecl by the TClWfI F-"Si-u complillllt with Town requiremMtlo /".. :. . .L+' ':'01 .L~JI;JU .Lu.~"", Requesbi tbc sud1 release CID oc:cur 110 more tr.queady 1hIIIl mur (4) times pel' year. Aa:eptance and/or ~ by fbe T_ may not 1IIIRlIlICIIIIb be wilbhe1d AD funds 10 Ideased at tbe request o!P-";c l...ndi"lllhlll be tnDIfcrrecl by the Bank dircc:t1y to the Trustee for depoait in the "Project Fuad" u deI1nedin the Baud Tnd_..'fe II.Dd in accordaDce with POCODic hnd""'S's agr-m-ta with tbe Trustee and tbe I <<KIem. 3. JmD. UaIeu ....,maMA euIier byYt'liltcn IglW""eut ofdle TuWII, this Asreemem sbaIl term..- ~ (3))'ll8I5 60m fbe cIaIc of. 0_ "';,0." lII: wblch time fbe Beak IbIIl pay the PerliIrmmce Gw...&.o. ..,......... with aay interest umed ---. .. aay ____ prcviousIy rdeescd wder pIlIInIIIh 2 above, . direc:t.s in writiDa by 1he Town md in die absence of any such direc:tion 10 Trustee tbc deposit in die '"PmjeGt Fund". 4. T .Im""" af:Plllllc 1be BalIk shall be obl~ oaIy tbr1he pcdIrmaqce ofsudl duties M arc ~ set blh beran aad may nI;y aad IIbaIl 110 JX'~ iD IdiDg ClIl aay iastrumIlIIt or qg,..mllll believed by iUG be genuine IIIli 10 haw beIIl si&ucd CIf pm: Ilood by the ptopeI' party or parties duly lIUlhorized 10 do 10. The Beak sbaI1 haw 110 ~~ ...aihllity fOr die COIIteats of III)' writing ~Ialed herein IIIli may nI;y wiIbout liabiIil;y upon die ",..too'ls thereof: The Beak sbaIl not be 1iable for any obli~ taken or ~ by it in good fai1h aad believed by it 10 be II1tborized hereby, and sbaIl not be lilIhIc fix' aay ...i_l.. ofilia or CIlOI' offulgln- or for any aca: or .....wiOllS of any kiDd 1IIIlca Cl'nwd by wiIHUJ. ~uct or sross ~ Pecaaic T .and.,..-1O mo...,;lY fbe Bank and bald it harmless fivm IIId "I"iMt IDy lIDd aIllia1Hlities inourmcl by it hereunder. S. R~l!nB1ion ofB8IIk. The B8Dk may resign lit any time by siving written DOliu thereof 10 p~!; Landi'lg and the Town. Upon such notice, a &1l'"C'lSsor Bani< sbaI1 be lIppOinted by the parties. Ifdle parties remAlnills are llDable 10 ugreo upon a SW:al5lior Bank wi1hin ttI1 (10) ~ after such 1ID1ice, the Bank so resigning shaI1 designate a SUC'WFSOT Bank wbidt may include any bank or trust company with a place of business in Suffolk Cowity, New York. The resigning Bank shall <:ontinue to serw 1DDi1 Us SUC'I:~or ~ the appoinlment aod raves 1he Ped'onnaru:e Guarantee. PecclIm: [.mvli"lllDd die T_ sbaIl have die right Gill)' time upon 1beir 1DUllli""'llS ooosent to substitute a DeW Baok or Agm1s by giving wriUm IIOIice 1benlofto 1be BanI< 1ben actiDg. 6. Assipment. The ToWll and tbe Bank admowledge that this Performance Guuantee ABfccmeot wiJl be ..,;&1"'" end posted II colJat.enl by Peconic T .mvll"l to or on the order of'the TNStee aud tbe T <<MIers in ~on with the flnancing of'tbe Project. Pursuant to such ."T--t, PeoorUc Landing IbaIl conti/Ide to pedbrm under this agrec:ment on behalf of the TI1IStee aod the la1d<<s unless cx:rtain conditions of the financing are not satisfied. The Town and the Bank egree to rnntinll,= to perform UDder aod acc:ept tbe tenns of this A8fecmcnt if the Trustee or the I erodei'll give written DOtice to them that Pcconic Landini will no longec perfonn hereunder on their bebaIt: IN wrI'NESS WHEREOF, 1he pIl1ies hereto haw ClalCUled this At;I=neot IS offbe d.-v and year 1IrBt above-written. WlTNBSS PECONIC LANDING AT SOumOLD,INC. . (...\...'........."................ 4.... '- J ~'-~ Its President I1s TOWN OF SOUlHOlD BY:~'v\ (OL~ own Supervisor ELIZABETH A. NEVILLE TOWN CLERK REGISTRAR OF VITAL STATISTICS MARRIAGE OFFICER RECORDS MANAGEMENT OFFICER FREEDOM OF INFORMATION OFFICER Town Hall, 53095 Maln Road P.O. Box 1179 Southold, New York 11971 Fax (631) 765-6145 Telephone (631) 765-1800 southoldtown.northfork.net OFFICE OF THE TOWN CLERK TOWN OF SOUTHOLD THIS IS TO CERTIFY THAT THE FOLLOWING RESOLUTION NO. 283 OF 2002 WAS ADOPTED AT THE REGULAR MEETING OF THE SOUTHOLD TOWN BOARD ON APRIL 25, 2002: RESOLVED that the Town Board of the Town of South old berebv annroves tbe reduction in tbe amount of the oerformance bond for roads. draina2e. and otber improvements for Peconic Landin2. Greenoort. NY SCTM# 1000-35-1-25, from $3,964,216.00 to $1,670,836.00. ~Q- t',I... Elizabeth A. Neville Soutbold Town Clerk ....... ... .... ) ., JAMES A. RICHTER, R.A. ENGINEER TOWN OF SOUTHOLD, NEW YORK 11971 JOSHUA Y.HORTON SUPERVISOR TOWN HALL - 53095 MAIN ROAD Fax. (516) -765 - 1366 TeL (516) -765 -1560 OFFICE OF THE ENGINEER TOWN OF SOUTHOLD BOND ESTIMATE - PECONIC LANDING SCTM # 1000-35-01-25 Revised: March 5,2002 TOTAL BOND BOND (+/-1 % QUANTITY VALUE ITEM QUANTITY DESCRIPTION UNIT PRICE AMOUNT COMPLETE REMAINING REMAINING 1. 1,500 LF. SAW CUT PAVEMENT (S.R. 25) $ 3.00 $ 4,500.00 0% 1,500 LF. $ 4,500.00 2. 69.4 ACRE CLEARING & GRUBBING 2,500.00 173,500.00 100% 0 0.00 3. JOB DEMOLITION of STRUCTURES 75,000.00 20% 80 % 60,000.00 4. 264,000 C. Y. ROUGH GRADING / UNCLASSIFIED EXCAVATION 2.50 660,000.00 80% 52,800 C.Y. 132,000.00 5. 103 EACH CATCH BASINS 2,500.00 257,500.00 100% 0 0.00 6. 20 EACH LEACHING POOL (10' Dia. X 7' deep) 2,000.00 40,000.00 100% 0 0.00 7. 47 EACH CONCRETE MANHOLE (4' Dia.) 2,000.00 94,000.00 95% 2 EACH 4,000.00 8. 9,551 LF. 18" DlA HDPE DRAINAGE PIPE 25.00 238,775.00 100% 0 0.00 9. 2,778 L.F. 24" DlA HDPE DRAINAGE PIPE 30.00 83,340.00 100% 0 0.00 10. 407 L.F. 30" DlA HDPE DRAINAGE PIPE 35.00 14,245.00 100% 0 0.00 II. 457 L.F. 36" DlA HDPE DRAINAGE PIPE 40.00 18,280.00 50% 224 L.F. 8,960.00 12. 825 L.F. 18" DlA CAST IRON DRAINAGE PIPE 30.00 24,750.00 100% 0 0.00 13. 4 EACH ROCK DAM 5,000.00 20,000.00 0% 4 EACH 20,000.00 14. 3 EACH ROCK HEADWALL 5,000.00 15,000.00 0% 3 EACH 15,000.00 15. I EACH PRECAST CONCRETE CULVERT 100,000.00 100,000.00 100% 0 0.00 16. 3,156 S.Y. POND LINER (2' Compacted Clay) 15.00 47,340.00 0% 3,156 S.Y. 47,340.00 17. 65,000 S.Y. FINE GRADING 1.50 97,500.00 50% 32,500 S.Y. 48,750.00 18. 1,570 L.F. CONCRETE CURBING 10.00 15,700.00 0% 1,570 L.F. 15,700.00 19. 754 S. Y. CONCRETE SIDEWALK 30.00 22,620.00 0% 754 S.Y. 22,620.00 20. 6,830 C. Y. lI," STONE BLEND or RCA BASE 30.00 204,900.00 50% 3,415 c.Y. 102,450.00 21. 14,500 TONS ASPHALT PAVEMENT 60.00 870,000.00 35% 9,425 TONS 565,500.00 22. 3,500 LF. EROSION CONTROL STRUCTURE 10.00 35,000.00 100% 0 0.00 23. 1,166LF. MASONRY RETAINING WALL 150.00 174,900.00 100% 0 0.00 24. 500 EACH STREET TREE 200.00 100,000.00 0% 500 EACH 100,000.00 25. 85,698 S.Y. TOPSOIL & SEED 2.00 171,396.00 30% 60,698 S.Y. 121,396.00 26. 175 EACH STREET LIGHTS 1,500.00 262,500.00 0% 175 EACH 262,500.00 27. 1,340 LF. ROAD RESTORATION (Bailey & Atlantic) 5.00 6,700.00 50% 1,340 L.F. 3,350.00 28. 4,200 S.Y. MICRO SURFACING (Bailey & Atlantic) 1.20 5,040.00 0% 4,200 S.Y. 5,040.00 29. 7,600 S.Y. PEDESTRIAN PATH 10.00 76,000.00 0% 7,600 S.Y. 76,000.00 30. 80 EACH STREET SIGNS 200.00 16,000.00 0% 80 EACH 16,000.00 31. 2,223 S. Y. FIRE LANE 10.00 22,230.00 0% 2,223 S.Y. 22,230.00 32. JOB TRASH PICK UP AREA 7,500.00 0% 100% 7,500.00 33. JOB MAINTENANCE & PROTECTION OF TRAFFIC 10,000.00 0% 100% 10,000.00 ORIGINAL BOND TOTAL: $ 3,964,216.00 REMAINING BOND AMOUNT FOR INCOMPLETE CONSTRUCTION ITEMS $ 1,670,836.00 "if'!"" \, :'\', ,. ( ELIZABETH A. NEVILLE TOWN CLERK REGISTRAR OF VITAL STATISTICS MARRIAGE OFFICER RECORDS MANAGEMENT OFFICER FREEDOM OF INFORMATION OFFICER Town Hall, 53095 Main'Road P.O. Box 1179 Southold, New York 11971 Fax (631) 765-6145 Telephone (631) 765-1800 southoldtown. northfork. net OFFICE OF THE TOWN CLERK TOWN OF SOUTH OLD THIS IS TO CERTIFY THAT THE FOLLOWING RESOLUTION NO. 839 OF 2002 WAS ADOPTED AT THE REGULAR MEETING OF THE SOUTHOLD TOWN BOARD ON DECEMBER 17, 2002: RESOLVED that the Town Board of the Town of Southold hereby authorizes the reduction of the performance bond for the maior subdivision of Peconic LandinI!: from $1.670,836.00 to $132,000.00 all in accordance with the recommendation of the Southold Town Planning Board, the Town Engineer, and the Superintendent of Highways, and subject to the approval of the Town Attorney. pea.L~a~~lJ... Elizabeth A. Neville Southold Town Clerk V-839 RESOLUTION DECEMBER 17, 2002 RESOLVED that the Town Board of the Town of Southold hereby authorizes the reduction of the oerformance bond for the maior subdivision of Peconic LandinI! from $1.670.836.00 to $132.000.00 all in accordance with the recommendation of the Southold Town Planning Board, the Town Engineer, and the Superintendent of Highways, and subject to the approval of the Town Attorney. December 17, 2002 Elizabeth A. Neville, Town Clerk . Town of Southold P.O. Box 1179 Southold, NY 11971 RE: Peconic Landing SCTM#1000-35-1-25 Dear Ms. Neville: The following took place at a meeting of the Southold Town Planning Board on Monday, December 16, 2002: RESOLVED, to adopt the revised Bond Estimate in the amount of $132,000.00, dated March 5, 2002, for Peconic Landing, as determined by the Town Engineer, and recommend same to the Town Board. The revised Bond Estimate indicates the percentage of construction items completed to date and reflects the estimated cost of work remaining. Please contact this office if you have any questions regarding the above. Very truly yours, Bennett Orlowski, Jr. Chairman enc. , ~ ~ SveF ) V5 1'8 JAMES A. RICHTER, R.A. ENGINEER TOWN OF SOUTIlOLD, NEW YORK 11971 .. . JOSHUA Y. HORTON SUPERVISOR TOWN HALL - 53095 MAIN ROAD 'ax. (516) -765 - 1366 Tel (516) -765 - 1560 OFFICE OF THE ENGINEER TOWN OF SOUTHOLD November 7, 2002 Bennett Orlowski, Jr. Chairman - Planning Board Town Hall, 53095 Main Road Southold, New York 11971 Re: Peconic Landing Request for Bond Reduction Dear Mr. Orlowski: As per your request, enclosed please find a revised bond estimate that indicates the amount of work completed to date. I have also enclosed a copy of the inspection report from the consulting engineers office as prepared by Mr. Gino Aiello, PE. At this time I agree with the findings of the consultant and would recommend the reduction of the current Bond. The New Bond Total has been adjusted to represent the quantity of work remaining and should be in the amount of $ 132,000.00. If you have any questions concerning this report, please contact my office. cc: Peter Harris (Superintendent of Highways) '.~~' N~~ - 8 2JJ02 Gino Aiello, PE (Sidney B. Bowne & Son, LLP) J: * ) ') JAMES A. RICHTER, R.A. ENGINEER TOWN OF SOUTHOLD, NEW YORK 11971 - . JOSHUA Y.HORTON SUPERVISOR TOWN HALL. 53095 MAIN ROAD Fax. (516).765.1366 TeL (516).765.1560 OFFICE OF THE ENGINEER TOWN OF SOUTH OLD BOND ESTIMATE SCTM # 1000-35-01-25 PECONIC LANDING Revised, March 5, 2002 TOTAL BOND BOND (+/-) % QUANTITY VALUE ITEM QUANTITY DESCRIPTION UNIT PRICE AMOUNT COMPLETE REMAINING REMAINING 1. 1,500 L.F. SAW CUT PAVEMENT (S.R. 25) $ 3.00 $ 4,500.00 100% 0 $ 0.00 2. 69.4 ACRE CLEARlNG & GRUBBING 2,500.00 173,500.00 100% 0 0.00 3. JOB DEMOLITION of STRUCTIJRES 75,000.00 100% 0 0.00 4. 264,000 c.Y. ROUGH GRADING / UNCLASSIFIED EXCAVATION 2.50 660,000.00 100% 0 0.00 5. 103 EACH CATCH BASINS 2,500.00 257,500.00 100% 0 0.00 6. 20 EACH LEACHING POOL (10' Dia. X 7' deep) 2,000.00 40.000.00 100% 0 0.00 7. 47 EACH CONCRETE MANHOLE (4' Dia.) 2,000.00 94,000.00 100% 0 0.00 8. 9,551 L.F. 18" DIA HDPE DRAINAGE PIPE 25.00 238,775.00 100% 0 0.00 9 2,778 L.F. 24" DIA HOPE DRAINAGE PIPE 30.00 83,340.00 100% 0 0.00 10. 407 L.F. 30" DIA HDPE DRAINAGE PIPE 35.00 14,245.00 100% 0 0.00 11 457 L.F. 36" DIA HOPE DRAINAGE PIPE 40.00 18,280.00 100% 0 0.00 12. 825 L.F. 18" DIA CAST IRON DRAINAGE PIPE 30.00 24,750.00 100% 0 0.00 13. 4 EACH ROCK DAM 5,000.00 20,000.00 75% 1 EACH 5,000.00 14. 3 EACH ROCK HEADWALL 5,000.00 15,000.00 100% 0 0.00 15. 1 EACH PRECAST CONCRETE CULVERT 100,000.00 100,000.00 100% 0 0.00 16. 3,156 SY POND LINER (2' Compacted Clay) 15.00 47,340.00 100% 0 0.00 17. 65,000 SY FINE GRADING 1.50 97,500.00 100% 0 0.00 18. 1,570 LF CONCRETE CURBING 10.00 15,700.00 100% 0 0.00 19. 754 S.Y. CONCRETE SIDEWALK 30.00 22,620.00 100% 0 0.00 20. 6,830 c.Y. %" STONE BLEND or RCA BASE 30.00 204,900.00 100% 0 0.00 21. 14,500 TONS ASP HAL T PAVEMENT 60.00 870,000.00 100% 0 0.00 22. 3,500 L.F. EROSION CONTROL STRUCTURE 10.00 35,000.00 100% 0 0.00 23. 1,166 L.F MASONRY RETAINING WALL 150.00 174,900.00 100% 0 0.00 24. 50U EACH STREET TREE 200.00 100,000.00 0% 250 EACH 50,000.00 25. 85,698 SY TOPSOIL & SEED 2.00 171,396.00 100% 0 0.00 26. 175 EACH STREET LIGHTS 1,500.00 262,500.00 100% 0 0.00 27. 1,340 L.F. ROAD RESTORATION (Bailey & Atlantic) 5.00 6,700.00 100% 0 0.00 28. 4,200 SY MICRO SURF ACING (Bailey & Atlantic) 1.20 5,040.00 100% 0 0.00 29. 7,600 S.Y. PEDESTRIAN PATH 10.00 76,000.00 0% 7,600 SY 76,000.00 30. 80 EACH STREET SIGNS 200.00 16,000.00 100% 0 0.00 31. 2,223 SY FIRE LANE 10.00 22,230.00 100% 0 0.00 32. JOB TRASH PICK UP AREA 7,500.00 100% 0 0.00 33 JOB MAINTENANCE & PROTECTION OF TRAFFIC 10,000.00 90% 10% 1,000.00 ORIGINAL BOND TOTAL: $ 3,964,216.00 REMAINING BOND AMOUNT FOR INCOMPLETE CONSTRUCTION ITEMS $ 132,000.00 ~ VALERIE SCOPAZ, AICP TOWN PLANNER Telephone (631) 765-1938 Fax (631) 765-3136 Valerie.Scopaz@town.southold.ny.us P.O. Box 1179 Town Hall, 53095 Main Road Southold, New York 11971-0959 OFFICE OF THE TOWN PLANNER TOWN OF SOUTHOLD November 25, 2002 Charles Cuddy, Esq. 445 Griffing Avenue Riverhead, New York, 11901 RE: Performance Bond Reduction for Peconic Landing SCTM#1000-35-1-25 Dear Mr. Cuddy: This is in response to your client's request for a reduction in the performance bond for the above-referenced project. The Planning Board has agreed to accept Mr. Richter's recommendation. If the Highway Superintendent agrees, this proposed reduction will be sent to the Town Board at our next public meeting in December. A copy of Mr. Richter's recommendation is attached for your convenience. Very truly yours, ~ Town Planner encl. cc: James Richter, Town Engineer Peter Harris, Superintendent of Highways Elizabeth Neville, Town Clerk '. -# J SVd~ ) V5 ?B JAMES A. RICHTER, R.A. ENGINEER TOWN OF SOUTHOLD, NEW YORK 11971 ,.or. JOSHUA Y. HORTON SUPERVISOR TOWN HALL - 53095 MAIN ROAD Fax. (516) -765 - 1366 Tel. (516) - 765 - 1560 OFFICE OF THE ENGINEER TOWN OF SOUTH OLD November 7, 2002 Bennett Orlowski, Jr. Chairman - Planning Board Town Hall, 53095 Main Road Southold, New York 11971 Re: Peconic Landing Request for Bond Reduction Dear Mr. Orlowski: As per your request, enclosed please find a revised bond estimate that indicates the amount of work completed to date. I have also enclosed a copy of the inspection report from the consulting engineers office as prepared by Mr. Gino Aiello, PE. At this time I agree with the findings of the consultant and would recommend the reduction of the current Bond. The New Bond Total has been adjusted to represent the quantity of work remaining and should be in the amount of $ 132,000.00. If you have any questions concerning this report, please contact my office. cc: Peter Harris (Superintendent of Highways) ',I'. N~ rf - 8 2JJIJ2 Gino Aiello. PE (Sidney B. Bowne & Son, LLP) J: ., Fax. (516).765.1366 J' JAMES A. RICHTER, R.A. ENGINEER TOWN OF SOUTHOlD, NEW VORK 11971 ) JOSHUA Y.HORTON SUPERVISOR TOWN HALL. 53095 MAIN ROAD Tel. (516).765.1560 OFFICE OF THE ENGINEER TOWN OF SOUTHOLD BOND ESTIMATE - PECONIC LANDING SCTM # 1000.35.01-25 Revised: March 5, 2002 TOTAL BOND BOND (+/-) % QUANTITY YA!J!5 ITEM QUANTITY DESCRIPTION UNIT PRICE AMOUNT COMPLETE REMAINING REMAINING I. 1,500 L.F. SAW CUT PAVEMENT (S.R. 25) $ 3.00 $ 4,500.00 100% 0 $ 0.00 2. 69.4 ACRE CLEARING & GRUBBING 2,500.00 173,500.00 100% 0 0.00 3 JOB DEMOLITION o[STRUCTURES 75,000.00 100% 0 0.00 4. 264,000 CY ROUGH GRADING I UNCLASSIFIED EXCAVATION 2.50 660,000.00 100% 0 0.00 5. 103 EACH CATCH BASINS 2,500.00 257,500.00 100% 0 0.00 6. 20 EACH LEACHING POOL (10' Dia. X 7' deep) 2,000.00 40,000.00 100% 0 0.00 7. 47 EACH CONCRETE MANHOLE (4' Dia.) 2,000.00 94,000.00 100% 0 0.00 8. 9,551 L.F. 18" DIA HDPE DRAINAGE PIPE 25.00 238,775.00 100% 0 0.00 9. 2,778 L.F. 24" DIA HDPE DRAINAGE PIPE 30.00 83,340.00 100% 0 0.00 10. 407 L.F. 30" DIA HDPE DRAINAGE PIPE 35.00 14,245.00 100% 0 0.00 II. 457 L.F. 36" DIA HDPE DRAINAGE PIPE 40.00 18,280.00 100% 0 0.00 12. 825 L.F. 18" DIA CAST IRON DRAINAGE PIPE 30.00 24,750.00 100% 0 0.00 13. 4 EACH ROCK DAM 5,000.00 20,000.00 75% 1 EACH 5,000.00 14. 3 EACH ROCK HEADWALL 5,000.00 15,000.00 100% 0 0.00 15. I EACH PRECAST CONCRETE CULVERT 100,000.00 100,000.00 100% 0 0.00 16. 3,156 SY POND LINER (2' Compacted Clay) 15.00 47,340.00 1000/(1 0 0.00 17. 65,000 SY FINE GRADING 1.50 97,500.00 100% 0 0.00 18. 1,570 L.F CONCRETE CURBING 10.00 15,700.00 100% 0 0.00 19. 754 S.Y. CONCRETE SIDEWALK 30.00 22,620.00 100% 0 0.00 20. 6,830 c.Y. %" STONE BLEND or RCA BASE 30.00 204,900.00 100% 0 0.00 21. 14,500 TONS ASP HAL T PAVEMENT 60.00 870,000.00 100% 0 0.00 22. 3,500 L.F. EROSION CONTROL STRUCTURE 1000 35,000.00 100% 0 0.00 23. 1,166 L.F. MASONRY RETAINING WALL 150.00 174,900.00 100% 0 0.00 24. 500 EACH STREET TREE 200.00 100,000.00 0% 250 EACH 50,000.00 25. 85,698 S.Y. TOPSOIL & SEED 2.00 171,396.00 100% 0 0.00 26. 175 EACH STREET LIGHTS 1,500.00 262,500.00 100% 0 0.00 27. 1,340 L.F. ROAD RESTORATION (Bailey & Atlantic) 5.00 6,700.00 100% 0 0.00 28. 4,200 S.Y. MICRO SURFACING (Bailey & Atlantic) 1.20 5,040.00 100% 0 0.00 29. 7,600 SY PEDESTRlAN PATH 1000 76,000.00 0% 7,600 SY 76,000.00 30. 80 EACH STREET SIGNS 200.00 16,000.00 100% 0 0.00 31. 2,223 S.Y FIRE LANE 10.00 22,230.00 100% 0 0.00 32. JOB TRASH PICK UP AREA 7,500.00 100% 0 0.00 33 JOB MAINTENANCE & PROTECTION OF TRAFFIC 10,000.00 90% 10% 1,000.00 ORIGINAL BOND TOTAL: $ 3,964,216.00 REMAINING BOND AMOUNT FOR INCOMPLETE CONSTRUCTION ITEMS $ 132,000.00 . Highway Department Town of Southold 275 Peconic Lane' P.O. Box 178 Peconic, NY 11958-0178 PETER W. HARRIS Superintendent Tel. (631) 765-3140 (631) 734-5211 Fax (631) 765-1750 MEMORANDUM TO: Valerie Scopaz, Town Planner South old Town Planning Department FROM: Peter W. Harris, Superintendent fwd. Southold Town Highway Department DATE: November 27, 2002 RE: PECONIC LANDING -PERFORMANCE BOND REDUCTION SUFFOLK COUNTY TAX MAP NOS: 1000-35-1-25 In connection with the above, please be advised at this time I am in agreement with the Town Engineer, James A. Richter, pursuant to the findings of the consultant and recommend reduction of the current bond. The new bond total has been adjusted to represent the quantity of work remaining and should now be in the amount of $132,000.00. Attachment PWH:jes i~D:~:~L~ Southold Town Planning Board VALERIE SCOPAZ. AlCP TOWN PLANNER Telephone (631) 765-1938 Fax (631) 765-3136 Valerie.Scopaz@town.southold.ny.us '. P.O. Box 1179 Town Hall, 53095 Main Road Southold, New York 11971-0959 OFFICE OF THE TOWN PLANNER TOWN OF SOUTHOLD November 25, 2002 Charles Cuddy, Esq. 445 Griffing Avenue Riverhead, New York, 11901 RE: Performance Bond Reduction for Peconic Landing SCTM#1000-35-1-25 Dear Mr. Cuddy: This is in response to your client's request for a reduction in the performance bond for the above-referenced project. The Planning Board has agreed to accept Mr. Richter's recommendation. If the Highway Superintendent agrees, this proposed reduction will be sent to the Town Board at our next public meeting in December. A copy of Mr. Richter's recommendation is attached for your convenience. Very truly yours, /t(Llf'uLdtAf?( Valerie Scopaz, AICP - Town Planner encl. cc: James Richter, Town Engineer Peter Harris, Superintendent of Highways Elizabeth Neville, Town Clerk # ~) .^'\ Sve: ) V5 -ro JAMES A. RICHTER, R.A. ENGINEER TOWN OF SOUTHOLD, NEW YORK 11971 JOSHUA Y. HORTON SUPERVISOR TOWN HALL - 53095 MAIN ROAD Fax. (516)-765-1366 Tel (516) -765 -1560 OFFICE OF THE ENGINEER TOWN OF SOUTHOlD November 7, 2002 Bennett Orlowski, Jr. Chairman - Planning Board Town Hall, 53095 Main Road Southold, New York 11971 Re: Peconic Landing Request for Bond Reduction Dear Mr. Orlowski: As per your request, enclosed please find a revised bond estimate that indicates the amount of work completed to date. I have also enclosed a copy of the inspection report from the consulting engineers office as prepared by Mr. Gino Aiello, PE. At this time I agree with the findings of the consultant and would recommend the reduction of the current Bond. The New Bond Total has been adjusted to represent the quantity of work remaining and should be in the amount of $ 132,000.00. If you have any questions concerning this report, please contact my office. CC: Peter Harris (Superintendent of Highways) ,}~. N~W - 8 2DB2 Gino Aiello, PE (Sidney B_ Bowne & Son, llP) r * ~ ) ') JAMES A. RICHTER, R.A. ENGINEER TOWN OF SOUTHOLD, NEW YORK 11971 JOSHUA Y.HORTON SUPERVISOR TOWN HALL - 53095 MAIN ROAD Fax. (516)-765 - 1366 Tel (516) - 765 - 1560 OFFICE OF THE ENGINEER TOWN OF SOUTHOLD BOND ESTIMATE - PECONIC LANDING SCTM # 1000-35-01-25 Revised: March 5, 2002 TOTAL BOND BOND (+/-) % QUANTITY VALUE ITEM QUANTITY DESCRIPTION UNIT PRICE AMOUNT COMPLETE REMAINING REMAINING 1. 1,500 LF. SAW cur PAVEMENT (S.R. 25) $ 3.00 $ 4,500.00 100% 0 $ 0.00 2. 69.4 ACRE CLEARING & GRUBBING 2,500.00 173,500.00 100% 0 0.00 3. JOB DEMOLITION of STRUCTlJRES 75,000.00 100% 0 0.00 4. 264,000 CY. ROUGH GRADING I UNCLASSIFIED EXCAVATION 2.50 660,000.00 100% 0 0.00 5. 103 EACH CATCH BASINS 2,500.00 257,500.00 100% 0 0.00 6. 20 EACH LEACHING POOL (10' Dia. X 7' deep) 2,000.00 40,000.00 100% 0 0.00 7. 47 EACH CONCRETE MANHOLE (4' Dia.) 2,000.00 94,000.00 100% 0 0.00 8. 9,551 LF. 18" DIA HDPE DRAINAGE PIPE 25.00 238,775.00 100% 0 0.00 9. 2,778 LF. 24" DIA HDPE DRAINAGE PIPE 30.00 83,340.00 100% 0 0.00 10. 407 LF. 30" DIA HDPE DRAINAGE PIPE 35.00 14,245.00 100% 0 0.00 11. 457 LF. 36" DIA HDPE DRAINAGE PIPE 40.00 18,280.00 100% 0 0.00 12 825 LF. 18" DIA CAST IRON DRAINAGE PIPE 30.00 24,750.00 100% 0 0.00 13. 4 EACH ROCK DAM 5,000.00 20,000.00 75% I EACH 5,000.00 14. 3 EACH ROCK HEADWALL 5,000.00 15,000.00 100% 0 0.00 15. I EACH PRECAST CONCRETE CULVERT 100,000.00 100,000.00 100% 0 0.00 16. 3,156 S.Y. POND LINER (2' Compacted Clay) 15.00 47,340.00 100% 0 0.00 17. 65,000 SY FINE GRADING 1.50 97,500.00 100% 0 0.00 18. 1,570 LF. CONCRETE CURBING 10.00 15,700.00 100% 0 0.00 19. 754 SY CONCRETE SIDEWALK 30.00 22,620.00 100% 0 0.00 20. 6,830 CY. Y." STONE BLEND or RCA BASE 30.00 204,900.00 100% 0 0.00 21. 14,500 TONS ASPHALT PAVEMENT 60.00 870,000.00 100% 0 0.00 22. 3,500 LF. EROSION CONTROL STRUCTURE 10.00 35,000.00 100% 0 0.00 23 1,166 LF. MASONRY RETAINING WALL 150.00 174,900.00 100% 0 0.00 24. 500 EACH STREET TREE 200.00 100,000.00 0% 250 EACH 50,000.00 25. 85,698 SY TOPSOIL & SEED 2.00 171,396.00 100% 0 0.00 26. 175 EACH STREET LIGHTS 1,500.00 262,500.00 100% 0 0.00 27. 1,340 LF. ROAD RESTORATION (Bailey & Atlantic) 5.00 6,700.00 100% 0 0.00 28. 4,200 SY MICRO SURFACING (Bailey & Atlantic) 1.20 5,040.00 100% 0 0.00 29. 7,600 SY PEDESTRIAN PATH 10.00 76,000.00 0% 7,600 SY 76,000.00 30. 80 EACH STREET SIGNS 200.00 16,000.00 100% 0 0.00 31. 2,223 S.Y. FIRE LANE 10.00 22,230.00 100% 0 0.00 32. JOB TRASH PICK UP AREA 7,500.00 100% 0 0.00 33. JOB MAINTENANCE & PROTECTION OF TRAFFIC 10,000.00 90% 10% 1,000.00 ORJGINAL BOND TOTAL: $ 3,964,216.00 REMAINING BOND AMOUNT FOR INCOMPLETE CONSTRUCTION ITEMS $ 132,000.00 RICHARD CAGGIANO WILLIAM J. CREMERS KENNETH L. EDWARDS MARTIN SIDOR PLANNING BOARD OFFICE TOWN OF SOUTH OLD December 17, 2002 Elizabeth A. Neville, Town Clerk Town of South old P.O. Box 1179 Southold, NY 11971 RE: Peconic Landing SCTM#1000-35-1-25 Dear Ms. Neville: The following took place at a meeting of the Southold Town Planning Board on Monday, December 16, 2002: RESOLVED, to adopt the revised Bond Estimate in the amount of $132,000.00, dated March 5, 2002, for Peconic Landing, as determined by the Town Engineer, and recommend same to the Town Board. The revised Bond Estimate indicates the percentage of construction items completed to date and reflects the estimated cost of work remaining. Please contact this office if you have any questions regarding the above. Very truly yours, 15-R~O~/ Bennett Orlowski, Jr.pe Chairman enc. RICHARD CAGGIANO WILLIAM J. CREMERS KENNETH L. EDWARDS MARTIN SIDOR P.O. Box 1179 Town Hall, 53095 State Route 25 Southold, New York 11971-0959 Telephone (631) 765-1938 Fax (631) 765-3136 PLANNING BOARD MEMBERS BENNETT ORLOWSKI, JR. Chairman PLANNING BOARD OFFICE TOWN OF SOUTHOLD December 17, 2002 Charles Cuddy, Esq. P.O. Box 1547 Riverhead, NY 11901 RE: Peconic Landing SCTM#1000-35-1-25 Dear Mr. Cuddy: The following took place at a meeting of the South old Town Planning Board on Monday, December 16, 2002: RESOLVED, to adopt the revised Bond Estimate in the amount of $132,000.00, dated March 5, 2002, for Peconic Landing, as determined by the Town Engineer, and recommend same to the Town Board. The revised Bond Estimate indicates the percentage of construction items completed to date and reflects the estimated cost of work remaining. Please contact this office if you have any questions regarding the above. Very truly yours, 8~aJ~r' Bennett Orlowski, ff Chairman enc. : . . , ) JOSHUA Y. HORTON SUPERVISOR TOWN HALL. 53095 MAIN ROAD Fax. (516).765.1366 ') , SveF v' 5 1'B JAMES A. RICHTER, R.A. ENGINEER TOWN OF SOlITHOLQ, NEw YORK 11971 Tel. (516) .765 -1560 OFFICE OF THE ENGINEER TOWN OF SOUTH OLD Bennett Orlowski, Jr. Chairmcln - Planning Board Town Hall, 53095 Main Road Southold, New York 11971 Re: Peconic Landing Request for Bond Reduction Dear Mr. Orlowski: November 7,2002 As per your request. enclosed please find a revised bond estimate that indicates the amount of work completed to date. I have also enclosed a copy of the inspection report from the consulting engineers office as prepared by Mr. Gino Aiello. PE. At this time I agree with the findings of the consultant and would recommend the reduction of the current Bond. The New Bond Total has been adjusted to represent the quantity of work remaining and should be in the amount of $ 132,000.00. If you have any questions concerning this report, please contact my office, cc: Peter Harris (Superintendent of Highways) Gino Aiel/o, PE (Sidney B. Bowne & Son, LLP) :'A Rf.@ ''Ii; -~., -.". N8fi - 8 2IJ62 f. ~ 1 ) ) JAMES A. RICHTER, R.A. ENGINEER TOWN OF SOUTHOLD, NEW YORK 11971 JOSHUA Y.HORTON SUPERVISOR TOWN HALL. 53095 MAIN ROAD Fax. (516)-765 -1366 Tel (516) - 765 - 1560 OFFICE OF THE ENGINEER TOWN OF SOUTH OLD BOND ESTIMATE - SCTM # 1000-35-01-25 PECONIC LANDING Revi,ed: March 5, 2002 TOTAL BOND BOND t!:L:lJ. QUANTITY VALUE ITEM QUANTITY DESCRIPTION UNIT PRICE AMOUNT COMPLETE REMAINING REMAINING I. 1,500 L.F. SAW CUT PAVEMENT (S.R. 25) $ 3.00 $ 4,500.00 100% 0 $ 0.00 2. 69.4 ACRE CLEARlNG & GRUBBING 2,500.00 173,500.00 100% 0 0.00 3. JOB DEMOLITION of STRUCTURES 75,000.00 100% 0 0.00 4. 264,000 c.Y. ROUGH GRADING I UNCLASSIFIED EXCA V A TION 2.50 660,000.00 100% 0 0.00 5. 103 EACH CATCH BASINS 2,500.00 257,500.00 100% 0 0.00 6. 20 EACH LEACHING POOL (10' Dia. X 7' deep) 2,000.00 40,000.00 100% 0 0.00 7. 47 EACH CONCRETE MANHOLE (4' Di..) 2,000.00 94,000.00 100% 0 0.00 8. 9,551 L.F. 18" DIA HOPE DRAINAGE PIPE 25.00 238,775.00 100% 0 0.00 9. 2,778 L.F. 24" DIA HDPE DRAINAGE PIPE 30.00 83,340.00 100% 0 0.00 10. 407 L.F. 30" DIA HDPE DRAINAGE PIPE 35.00 14,245.00 100% 0 0.00 11. 457 L.F. 36" DIA HDPE DRAINAGE PIPE 40.00 18,280.00 100% 0 0.00 12. 825 L.F. 18" DIA CAST IRON DRAINAGE PIPE 30.00 24,750.00 100% 0 0.00 13. 4 EACH ROCK DAM 5,000.00 20,000.00 75% 1 EACH 5,000.00 14. 3 EACH ROCK HEADWALL 5,000.00 15,000.00 100% 0 0.00 15. 1 EACH PRECAST CONCRETE CULVERT 100,000.00 100,000.00 100% 0 0.00 16. 3,156 SY. POND LINER (2' Compacted Clay) 15.00 47,340.00 100% 0 0.00 17. 65,000 SY. FINE GRADING 1.50 97,500.00 100% 0 0.00 18. 1,570 L.F CONCRETE CURBING 10.00 15,70000 100% 0 0.00 19. 754 SY. CONCRETE SIDEWALK 30.00 22,62000 100% 0 0.00 20. 6,830 c.Y. y." STONE BLEND or RCA BASE 30.00 204,900.00 100% 0 0.00 21. 14,500 TONS ASPHALT PAVEMENT 60.00 870,000.00 100% 0 0.00 22. 3,500 L.F. EROSION CONTROL STRUCTURE 10.00 35,000.00 100% 0 0.00 23. 1,166 L.F. MASONRY RETAINING WALL 150.00 174,900.00 100% 0 0.00 24. 50U EACH STREET TREE 200.00 100,000.00 0% 250 EACH 50,000.00 25. 85,698 SY. TOPSOIL & SEED 2.00 171,396.00 100% 0 0.00 26. 175 EACH STREET LIGHTS 1,500.00 262,500.00 100% 0 0.00 27. 1,340 L.F. ROAD RESTORATION (Bailey & Atlantic) 5.00 6,700.00 100% 0 0.00 28. 4,200 SY. MICRO SURFACING (Bailey & Atlantic) 1.20 5,040.00 100% 0 0.00 29. 7,600 S.Y. PEDESTRIAN PATH 10.00 76,000.00 0% 7,600 S.Y. 76,000.00 30. 80 EACH STREET SIGNS 200.00 16,000.00 100% 0 0.00 31. 2,223 S.Y. FIRE LANE 10.00 22,230.00 100% 0 0.00 32. JOB TRASH PICK UP AREA 7,500.00 100% 0 0.00 33. JOB MAINTENANCE & PROTECTION OF TRAFFIC 10,000.00 90% 10% 1,000.00 ORIGINAL BOND TOTAL, $ 3,964,216.00 REMAINING BOND AMOUNT FOR INCOMPLETE CONSTRUCTION ITEMS $ 132,000.00 RICHARD CAGGIANO vnLL~J.C~ERS KENNETH L. EDWARDS MARTIN SIDOR ,. J ~ , , PLANNING BOARD MEMBERS BENNETT ORLOWSKI, JR. Chairman PLANNING BOARD OFFICE TOWN OF SOUTHOLD December 17, 2002 Elizabeth A. Neville, Town Clerk Town of Southold P.O. Box 1179 Southold, NY 11971 RE: Peconic Landing SCTM#1000-35-1-25 Dear Ms. Neville: The following took place at a meeting of the Southold Town Planning Board on Monday, December 16, 2002: RESOLVED, to adopt the revised Bond Estimate in the amount of $132,000.00, dated March 5, 2002, for Peconic Landing, as determined by the Town Engineer, and recommend same to the Town Board. The revised Bond Estimate indicates the percentage of construction items completed to date and reflects the estimated cost of work remaining. Please contact this office if you have any questions regarding the above. Very truly yours, h'~O~/ Bennett Orlowski, Jr.",.c Chairman ene. RICHARD CAGGIANO WILLIAM J. CREMERS KENNETH L. EDWARDS MARTIN SIDOR \ PLANNING BOARD MEMBERS BENNETT ORLOWSKI, JR. Chairman P.O. Box 1179 Town Hall, 53095 State Route 25 Southold, New York 11971-0959 Telephone (631) 765-1938 Fax (631) 765-3136 PLANNING BOARD OFFICE TOWN OF SOUTHOLD December 17, 2002 Charles Cuddy, Esq. P.O. Box 1547 Riverhead, NY 11901 RE: Peconic landing SCTM#1000-35-1-25 Dear Mr. Cuddy: The following took place at a meeting of the Southold Town Planning Board on Monday, December 16, 2002: RESOLVED, to adopt the revised Bond Estimate in the amount of $132,000.00, dated March 5, 2002, for Peconic landing, as determined by the Town Engineer, and recommend same to the Town Board. The revised Bond Estimate indicates the percentage of construction items completed to date and reflects the estimated cost of work remaining. Please contact this office if you have any questions regarding the above. Very truly yours, 7 ~ ;/ (7 6~~~ a,----"-"'~ /2-, Bennett Orlowski, Jf?' . Chairman enc. . , , ) JOSHUA Y. HORTON SUPERVISOR TOWN HALL ~ 53095 MAIN ROAD Fax. (516).765~1366 ') , SvgF V'S 113 JAMES A. RICHTER, R.A. ENGINEER TOWN OF SOUTIlOLD, NEW YORK 11971 Tel. (516).765.1560 OFFICE OF THE ENGINEER TOWN OF SOUTH OLD Bennett Orlowski, Jr. Chairman - Planning Board Town Hall. 53095 Main Road Southold, New York 11971 Re: Peconic Landing Request for Bond Reduction Dear Mr. Orlowski: November 7,2002 As per your request, enclosed please find a revised bond estimate that indicates the amount of work completed to date. I have also enclosed a copy of the inspection report from the consulting engineers office as prepared by Mr. Gino Aiello, PE. At this time I agree with the findings of the consultant and would recommend the reduction of the current Bond. The New Bond Total has been adjusted to represent the quantity of work remaining and should be in the amount of $ 132,000.00. If you have any questions concerning this report, please contact my office. cc: Peter Harris (Superintendent of Highways) Gino Aiello, PE (Sidney B. Bowne & Son, LLP) "A R~1f1 I,'J~:, .. N~PJ - 8 28D2 f ." ) ) JAMES A. RICHTER, R.A. ENGINEER TOWN Of SOUTH OLD, NEW YORK 11971 Tel (516) - 765 - 1560 \ JOSHUA Y.HORTON SUPERVISOR TOWN HALL - 53095 MAIN ROAD Fax. (516) -765 - 1366 OFFICE OF THE ENGINEER TOWN OF SOUTH OLD BOND ESTIMATE - serM # 1OOO-3!Hl1-25 PECONIC LANDING R"bed, March 5, 2002 TOTAL BOND BOND ~ QUANTITY Y8b!.!S ITEM QUANTITY DESCRIPTION UNIT PRICE AMOUNT COMPLETE REMAINING REMAINING 1. 1,500 L.F. SAW ClIT PAVEMENT (S.R. 25) $ 3.00 S 4,500.00 100% 0 S 0.00 2. 69.4 ACRE CLEARING & GRUBBING 2,500.00 173,500.00 100% 0 0.00 3. JOB DEMOLffiON of STRUCTURES 75,000.00 100% 0 0.00 4. 264,000 c.Y. ROUGH GRADING I UNCLASSIFIED EXCAVATION 2.50 660,000.00 100% 0 0.00 5. 103 EACH CATCH BASINS 2,500.00 257,500.00 100% 0 0.00 6. 20 EACH LEACHING POOL (10' Dia. X 7' deep) 2,000.00 40,000.00 100% 0 0.00 7. 47 EACH CONCRETE MANHOLE (4' Di..) 2,000.00 94,000.00 100% 0 0.00 8. 9,551 L.F. 18" D1A HOPE DRAINAGE PIPE 25.00 238,775.00 100% 0 0.00 9. 2,778 L.F. 24" DIA HOPE DRAINAGE PIPE 30.00 83,340.00 100% 0 0.00 10. 407 L.F. 30" D1A HOPE DRAINAGE PIPE 35.00 14,245.00 100% 0 0.00 II. 457 L.F. 36" D1A HOPE DRAINAGE PIPE 40.00 18,280.00 100% 0 0.00 12. 825 L.F. 18" DIA CAST IRON DRAINAGE PIPE 30.00 24,750.00 100% 0 0.00 13. 4 EACH ROCK DAM 5,000.00 20,000.00 75% I EACH 5,000.00 14. 3 EACH ROCK HEADWALL 5,000.00 15,000.00 100% 0 0.00 15. lEACH PRECAST CONCRETE CULVERT 100,000.00 100,000.00 100% 0 0.00 16. 3,156 S.Y. POND LlNER(2' Compacted Clay) 15.00 47,340.00 100% 0 0.00 17. 65.000 S.Y. FINE GRADING 1.50 97,500.00 100% 0 0.00 18. 1.570 L.F. CONCRETE CURBING 10.00 15,70000 100% 0 0.00 19. 754 S.Y. CONCRETE SIDEWALK 30.00 22,620.00 100% 0 0.00 20. 6,830 C.Y. '/." STONE BLEND or RCA BASE 30.00 204,900.00 100% 0 0.00 21. ]4,500 TONS ASPHALT PAVEMENT 60.00 870,000.00 100% 0 0.00 22. 3.500 L.F. EROSION CONTROL STRUCTURE 10.00 35,000.00 lOO%. 0 0.00 23. 1,]66L.F. MASONRY RETAINING WALL 150.00 174,900.00 10G% 0 0.00 24. SOu EACH STREET TREE 200.00 100,000.00 0% 250 EACH 50,000.00 25. 85.698 S.Y. TOPSOIL & SEED 2.00 171,396.00 100% 0 0.00 26. 175 EACH STREET LIGHTS 1,500.00 262,500.00 100% 0 0.00 27. 1,340 L.F. ROAD RESTORATION (Bailey & Atlantic) 5.00 6,700.00 100% 0 0.00 28. 4,200 S.Y. MICRO SURF ACING (Bailey & Atlantic) 1.20 5,040.00 100% 0 0.00 29. 7.600 S.Y. PEDESTRIAN PATH 10.00 76.000.00 0% 7,600 S.Y. 76,000.00 30. 80 EACH STREET SIGNS 200.00 16.000.00 100% 0 000 31 2,223 S Y. FIRE LANE 10.00 22,230.00 100% 0 0.00 32 JOB TRASH PICK UP AREA 7.50000 100%, 0 000 33 JOB MA]NTENANCE & PROTECTION OF TRAFFIC 10.000.00 9()% 10% 1.000.00 ORIGINAL BOND TOT Ale $ 3.964,216.00 REMAINING BOND AMOUNT FOR INCOMPLETE CONSTRUCTION ITEMS S 132,000.00