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Home My WebLink AboutGolden View Estates Inc ~ REPUBLIC INSURANCE COMPANY AJci1v?~( f;2d/9J 1 29 FULTON STREET NEW YORK. NEW YORK 10038 BON D KNOW ALL MEN BY THESE, PRESENTS, That We, ~DEN/-;IEW ESTATES I~ of 51-29 65th Place, Woodslne, New York as Princlpal ~nd CAKM1N~ Kur~~, LOUIS BOSCO AND BARNARD COSIMANO as Co-Principals and the REPUBLIC INSURANCE COMPANY, a Texas corporation authorized to do business in the State of New York, having an office and place of business at 129 Fulton Street, New York, New York as Surety, are held and firmly bound unto the TOWN OF SOUTHOLD, SUFFOLK COUNTY, NEW YORK AS OBLIGEE, in the sum of THREE HUNDRED FORTY THOUSAND AND 00/100 ($340,000.00)----------- -------------------------------------~OLLARS, lawful money of the United States for the payment whereof to the Obligee the Principal and Surety bind themselves, their heirs, executors, administrators, successors and assigns jointly and severally firmly by these presents. SIGNED, SEALED AND DATED THIS: 2nd Day of February 1984. WHEREAS, the above named Principal has agreed to comply with the terms regulations and conditions of the Town of Southold in connection with the completion of items as shown on Town Engineers Estimate datEd November 29, 1982 for subdivision of "Golden View Estates (at Laurel)", situated in the Town of Southold, Suffolk County, New York and in connection therewith the Obligee desires this bond be given; WHEREAS, the Co-Principals have a beneficial interest in said project; NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, that if the Principal sha~l in connection with the installation of saicritems on Engineers Estimate in "Golden View Estates" within two (2) years from the date hereof, complete said improvements to be in accordance with the construction specifications of the Town of Southold, all in conformance with the plot plan approved by the Southold Town Planning Board and to the satisfaction of the Town of Southold, then this obligation to be void; other- wise to remain in full force and effect; NO party other than the Obligee shall have any rights hereunder as against the Surety. The aggregate liability of the Surety on the bond obligation shall not exceed the sum thereof for any cause or reason whatsoever. BY' BY: Henry W. Niemann Attorney-in-Fact BOND#940446 JW RS '04 REPUBLIC INSURANCE COMPANY NEW YORK DISTRICT OFFICE 129 FULTON STREET, NEW YORK, N.Y. 10038 FINANCIAL STATEMENT DECEMBER 31, 1982 ASSETS LIABILITIES, RESERVES AND CAPITAL FUNDS Cash. 1982 ............ $ 3,105,728 Bonds, at amortized cost (Schedule I): United States Government. Other bonds. Total Bonds. 8,727,775 122,995,306 131,723,081 Investments in stocks other than stocks of affiliates (Schedule II): Preferred stocks. at market. 32,048,742 Common stocks, at market. 95,806,794 Savings and loan association shares, at cost_ ......................... Total stocks. 127,855,536 Short-term investments. 25,500,000 Investments in stocks of affiliates at under- lying book value (Schedule II):... Agents' balances and reinsurance balances-net..... Premium notes, less unearned interest. 51,458,243 154,813,234 2,764,487 10,607,580 Federal Income Tax Recoverable Real estate, at cost less accumulated depreciation 0'1,055,218. ......... Other assets 1,354,850 10,111,544 1,095,055 $520,389,338 Receivable from affiliates. Liabilities: Reserve for losses. Reserve for loss adjustment expenses. Unearned premium reserve (Schedule VII) . Taxes, other than Federal income taxes. Dividends payable to policyholders. Other liabilities. . . . . . . . . . . Payable to affiliates. Federal income tax. Funds held by company under Reinsurance Treaties. Statutory reserves: Excess of statutory reserves over loss and loss expense reserves. . Reinsurance in companies not licensed in Texas. Total liabilities. . . 1982 $105,740.826 8,237.453 217,310.669 1.133,000 12.324,887 242.862 75,592,903 2,376,524 419,959,124 Capital shares and surplus: Capital shares: Preferred stock, $100 par value per share Authorized 200,000 shares, issued 150,000 shares. . . . . . . . . . . . . . . . . . . . . . . . Common stock, $5 par value per share Authorized 200,000 shares, issued 9,000,000 Authorized 2,000,000 shares, issued 1,000,000 shares . . . . . . . . . . . . . . Paid-in surplus. . . . . . . . . . . . . . . Retained earnings . . . . . . . . Excess (deficiency) or market value of stocks over cost, other than stocks of affiliates. . . . . . . . . . . . . . . . . . . . . . . . . . . . Excess of underlying book value of stocks of affihatesovercost... .... .-:-. ......... ... Total capital shares and surplus. 5,000,000 18,000,518 23,784,319 27,840,603 16,804,774 100,430.214 $520,389,338 Note: All securities are carried in accordance with the requirements of the National Association of Insurance Commisisoners as follows: eligible bonds at amortized values; stocks of associated Insurance companies at pro rata share of capital and surplus; all other securities at quotations prescribed by the Association. BE IT REMEMBERED, that at a regular meeting of the Board of Directors of Republic Insurance Company, duly called and held at the office of the Company in the City of Dallas, Texas, on the 28th day of February, 1967, a quorum being present, the following By-Laws was duly adopted to become effective February 28,1967: ARTICLE XI-APPOINTMENT OF ATTORNEYS-IN-FACT Appointment of Attorney-in-Fact. The President, or any Executive Vice President, may from time to time, appoint by wri"en certificates attorneys-in-fact to act in behalf of the company in the execution of policies ,of insurance, bonds, undertakings, and other obligatory instruments of like nature. Such attorney-in-fact, subject to the limitation set forth in their respective certificates of authority shall have full power to bind the Company by their signature and execution of any such instruments and to attach the seal of the Company thereto. The President, or any Executive Vice President, or the Board of Directors, may at any time revoke all power and authority previously given to any attorneY-In-fact. STATE OF NEW YORK COUNTY OF NEW YORK Alfred A.Freytag Secretary , being duly sworn, deposes and says: I am of the Republic Insurance Company, I have compared the foregoing By-Law with the original thereof, as recorded in the Minute Book of the said Company, and do hereby certify that the same is a correct and true transcript therefrom and of the whole Article XI, of said original By-Law and that the same is now in full force and effect. Pursuant to said By-Law, John J. Zahn, Winston R. Broadbent, James N. Heiskell, Alfred Freytag, Charles L Tea. Jr., John W. Spencer and Henry W. Niemann were duly appointed Attorneys-in-Fact of this Company without limitation as to amount of bond executed and that said appointment is now in effect. The above is a true statement of the assets and liabilities of said Company at the close of business December 31, 1982 taken from the books and records of said Company and is prepared in accordance with the statements on file with the Insurance Department of the State of New York. The Superintendent of Insurance of the State of New York has, pursuant to Section 327 of the New York Insurance Law (Chapter 882 of the Laws of 1939 of the State of New York, constituting Chapter 28 of the Consolidated Laws of the State of New York, as amended) issued to the Republic Insurance Company his certificate that said Company is qualfied to become and be accepted as surety to guarantor on all bonds, undertakings and other obligations or guarantees, as provided in the Insurance Law of the State of New York, and all laws amendatory thereof and supplementary thereto; and that such certiticate has not been revoked. ~;>':::: -r::::>~ ~ MARY ANN FOEHDERER Notary PubHc, Sl~t(' of ,';ew York N"o. 41-4688453 . QU<:il. in Queens ~S Commission l:."':x'pilC~ Mar"h JO, 19.(;) d 'February ay 0 Niemann 84 , 19 _ , before me personally to me known, who being by me duly sworn, did depose and say that he resides in Staten Island, New York that he is an attorney-in-fact of the Republic Insurance Company, the corporation described in, and which executed, the foregoing instrument; that he knows the corporate seal of said corpor ion; that the seal affixed to the foregoing instrument is such corporate seal; that it was affixed thereto by the order ard of Directo f said corporation and that he signed his name thereto, as attorney-in-fact, . er and auth ity. RS-109 (4-83) Vt,!'."/.:\"'; r::!r:~u-' ~~)~' -:,.,\')>c. ::'~i;,!( , ''":'1":'~ '.. ('~T~ ., - u'-'''-.... 0.'85 ~ ~ JUDITH 1. TERRY TOWN CLFRK REGI ;TRAR OF VITAL Sl,\TISTICS Town Hall, 53095 Main Road P.O. Box 728 Southold, New York 11971 TELEPHONE (516) 765-1BOI OFFICE OF THE TOWN CLERK TOWN OF SOUTHOLD February 15, 1984 Abigail A. Wickham, Attorney Main Road, P. O. Box 1424 Mattituck, New York 11952 Dear Gail: The Southold Town Board at their regular meeting held on February 14, 1984 accepted the Performance Bond in the amount of $340,000.00 as submitted by Golden View Estates, Inc. for roads and improvements in said subdivision located at Laurel; New York, as recommended by Town Engineer Lawrence M. Tuthill and the Southold Town Planning Board. Very truly yours, ~y-- Judith T. Terry Southold Town Clerk , , JUDITH T. TERRY TOWN CLERh: REGISTRAR OF VITAL ST.\TISTICS Town Hall, 53095 Main Road P.O. Box 728 Southold, New York 11971 TELEPHONE (516) 765-1801 OFFICE OF THE TOWN CLERK TOWN OF SOUTHOLD February 15, 1984 Mr. Henry E. Raynor, Jr., Chairman Southofd Town Planning Board Southold Town Hall Southold, New York 11971 Dear Henry: The Southold Town Board at their regular meeting held on February 14, 1984 adopted the following resolutions: RESOLVED that the Town Board of the Town of Southold hereby approves the amount of $700 ,000.00 for a bond for roads and improvements in the subdivision known as "The Cove Beach" at East Marion, as recommended and approved by the Southold Town Planning Board and Town Engineer Lawrence M. Tuthill. RESOLVED that the Town Board of the Town of Southold hereby approves the amount of $250,000.00 for a bond for roads and improvements in the subdivision known as "Homestead Acres" at Greenport, as recommended and approved by the Southold Town Planning Board and Town Engineer Lawrence M. Tuthill. J RESOLVED that the Town Board of the Town of Southold hereby accepts Performance Bond in the amount of $340,000.00 as submitted by Golden View Estates, I nc. for roads and improve- ments in said subdivision located at Laurel, New York, as recommended by Town Engineer Lawrence M. Tuthill and the Southold Town Planning Board. Very truly yours, ~d<r-- Judith T. Terry Southold Town Clerk ( , LAW OFFICES WICKHAM, WICKHAM oS. BRESSLER, P.c. MAIN ROAD, P. Q. BOX 1424 MATTITUCK LONG ISLAND NEW YORK 11952 WILLIAM WICKHAM ERIC J. BRESSLER ABIGAIL A.WICKHAM 516 - 298-8353 FRANKLYN A. FARRIS Town Board Town of Southold Town Hall Southold, New York 11971 RE: Golden View Estates Major Subdivision Laurel N.Y. Gentlemen: February 13, 1984 We enclose Performance Bond in the amount of $340,000.00 for which we request your approval, pursuant to Planning Board resolution dated December 13, 1982 and accompanying estimate. Please advise if there is any additional information which you require. AAW Enc!. cc: Southold Town Planning Board ....;;, .....~. - S~in~c.~y, ". L. .' ~ .,- --')' "/ ' Abiga" A.~~/ , , , . JUDITH T. TERRY TOWN CLERK REGISTRAR OF VITAL STArtSTlCS GOUilJ:tl ~Yi&W,.,EST A TES Town Hall, 53095 Main Road P.O. Box 728 Southold, New York 11971 TELEPHONE (516) 765-1801 OFFICE OF THE TOWN CLERK TOWN OF SOUTHOLD February 15, 1984 Abigail A. Wickham, Attorney Main Road, P. O. Box 1424 Mattituck, New York 11952 Dear Gail: The Southold Town Board at their regular meeting held on February 14, 1984 accepted the Performance Bond in the amount of $340,000.00 as submitted by Golden View Estates, Inc. for roads and improvements in said subdivision located at Laurel, New York, as recommended by Town Engineer Lawrence M. Tuthill and the Southold Town Planning Board. Very truly yours, ~. Judith T. Terry Southold Town Clerk ..' ..., y@ RESOLUTION - JANUARY 20, 1987 RESO LVED that the Tow-"!3oard of the-r:~w~ of?_outhold hereby author; zes the .- .- release of the 340,000.00 erformance bond for the subdivision to be known as C~~I~h~n ~~~:' loc_a>~ at Laurel, New York, all in accordance with the recOl1l-;;;;~dation o e Southold Town Planning Board, Superintendent of Highways Jacobs, and Inspector John W. Davis. 7f ~L- _ ~;r--- ~.;,.aLJ~~~L.o~...." ,j.J /? (f I x.;::lo>~ "'''--' 1- .:lit - fi:7 "~ ~~- , JUDITH T. TERRY TOWN CLERK REGISTRAR OF VITAL STATISTICS .<:f~.'.\-f.OU(~~~ {:f~~.' ~~. !.\t?;i '. ~ ;., .,."" ....:.j'. .: ,,:; .z:' 1/~ ~ ,'\,:;/1 ~ }~,~? '- ~ '1 ,. ,""~', c'- .v,. . .'\'^~.' ~'. '1 ."' "1\""" "~JP\\&.j" . .'1idfJ ." ~~ OFFICE OF THE TOWN CLERK TOWN OF SOUTHOLD Town Hall, 53095 Main Road P.O, Box 728 Southold, New York 11971 TELEPHONE (516) 765.1801 February 15, 1984 Mr. Henry E. Raynor, Jr., Chairman Southold Town Planning Board Southold Town Hall Southold, New York 11971 Dear Henry: The Southold Town Board at their regular meeting held on February 14, 1984 adopted the following resolutions: RESOLVED that the Town Board of the Town of Southold hereby approves the amount of $700,000.00 for a bond for roads and improvements in the subdivision known as "The Cove Beach" at East Marion, as recommended and approved by the Southold Town Planning Board and Town Engineer Lawrence M. Tuthill. RESOLVED that the Town Board of the Town of Southold hereby approves the amount of $250,000.00 for a bond for roads and improvements in the subdivision known as "Homestead Acres" at Greenport, as recommended and approved by the Southold Town Planning Board and Town Engineer Lawrence M. Tuthill. j RESOLVED that the Town Board of the Town of Southold hereby accepts Performance Bond in the amount of $340,000.00 as submitted by Golden View Estates, Inc. for roads and improve- ments in said subdivision located at Laurel, New York, as recommended by Town Engineer Lawrence M. Tuthill and the Southold Town Planning Board. Very truly yours, ~~r- Judith T. Terry Southold Town Clerk . . LAW OFFICES WILLIAM WICKHAM ERIC J. BRESSL.ER ABIGAIL A. WICKHAM FRANKLYN A. I"ARRIS WICKHAM, WICKHAM & BRESSLER, P.C. MAl N ROAD, P. Q. BOX 1424 MATTITUCK LONG ISLAND NEW YORK 11952 516 - 298-8353 February 13, 1984 Town Board Town of Southold Town Hall Southold, New York 11971 RE: Golden View Estates Major Subdivision Laurel N.Y. Gentlemen: We enclose Performance Bond in the amount of $340,000.00 for which we request your approval, pursuant to Planning Board resolution dated December 13, 1982 and accompanying estimate. Please advise if there is any additional information which you require. AAW Enc!. s~'nc ~ //1. Abiga'~~~ cc: Southold Town Planning Board ... ' . ..~ REPUBLIC INSURANCE COMPANY 129 FULTON STREET NEW YORK. NEW YORK 10038 BON D KNOW ALL MEN BY THESE PRESENTS, That We, GOLDEN VIEW ESTATES INC. of 51-29 65th Place, Woodsine, New York as Principal and CARMINE RUFRANO, LOUIS BOSCO AND BARNARD COSIMANO as CO-Principals and the REPUBLIC INSURANCE COMPANY, a Texas corporation authorized to do business in the State of New York, having an office and place of business at 129 Fulton Street, New York, New York as Surety, are held and firmly bound unto the TOWN OF SOUTHOLD, SUFFOLK COUNTY, NEW YORK AS OBLIGEE, in the sum of THREE HUNDRED FORTY THOUSAND AND 00/100 ($340,000.00)----------- -------------------------------------~OLLARS, lawful money of the United States for the payment whereof to the Obligee the Principal and Surety bind themselves, their heirs, executors, administrators, successors and assigns jointly and severally firmly by these presents. SIGNED, SEALED AND DATED THIS: 2nd Day of February 1984. WHEREAS, the above named Principal has agreed to comply with the terms regulations and conditions of the Town of Southold in connection with the completion of items as shown on Town Engineers Estimate datEd November 29, 1982 for subdivision of "Golden View Estates (at Laurel)", situated in the Town of Southold, Suffolk County, New York and in connection therewith the Obligee desires this bond be given; WHEREAS, the Co-Principals have a beneficial interest in said project; ~t NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, that if the Principal shall in connection with the installation of said items on Engineers Estimate in "Golden View Estates" within two (2) years from the date hereof, complete said improvements to be in accordance with the construction specifications of the Town of Southold, all in conformance with the plot plan approved by the Southold Town Planning Board and to the satisfaction of the Town of Southold, then this obligation to be void; other- wise to remain in full force and effect~ ,~~ "1 NO party other than the Obligee shall have any rights hereunder as against the Surety. The aggregate liability of the Surety on the bond obligation shall not exceed the sum thereof for any cause or reason whatsoever. uiS)~OSCO / /Je//~~ B6r'nard Cosimano BY' j t-0(,"'v'l.JJ.n 0 BY: Henry W. Niemann Attorney-in-Fact BOND#940446 IN ::~J 1E:8-Jr"'-. ~_ Rs 104. --~~"".' --~ ~- . ",.~,t .' REPUBLIC INSURANCE COMPANY NEW YORK DISTRICT OFFICE 129 FULTON STREET, NEW YORK, N.Y. 10038 FINANCIAL STATEMENT DECEMBER 31, 1982 ASSETS LIABILITIES, RESERVES AND CAPITAL FUNDS Cash 1982 $ 3,105,728 Bonds, at amonized cost (Schedule I): United States Government . . . . . . . . . Other bonds, . . Total Bonds. . . . . . . . . . . . . . . . . . . . . . 8,727,775 , 22,995,306 131,723,081 Investments in stocks other than stocks of affiliates (Schedule II): Preferred stocks, at market. . . . . ... . . . . . . . . . . . . .. Com~on stocks, at market. . . . . . . . . . Savings and Joan association shares, at cost. Total stocks. 32,048,742 95,806,794 127,855,536 Short-term investments. 25,500,000 Investments in stocks of affiliates at under- lying book value (Schedule II):. . . . . .. ..... , Agents' balarces and reinsurance balances-net.. Premium notes, less unearned interest. . . . . . . . Federal Income Tax Recoverable ..... 51,458,243 154,813,234 2,764,487 10,607,580 Real estate. at cost less accumulated depreciation of 1,055,218................................ 1,354,850 10,111,544 1,095,055 $520,389,338 ~ .. r i I Other assets ...................................... Receivable from affiliates. Liabilities: Reserve for losses . Reserve for loss adjustment expenses. Unearned premium reserve (Schedule VII) . Taxes, other than Federal income taxes. Dividends payable to policyholders. Other liabilities. . . . . Payable to affiliates. . . . . . . .... . Federal income tax.. . . . . . . . . . .... Funds held by company under Reinsurance Treaties. . Statutory reserves: Excess of statutory reserves over 1055 and 1055 expense reserves................. Reinsurance in companies not licensed in Texas. . . . . . . . . . . . Total liabilities. . . . . . 1982 $105.740,826 8,237,453 217,310,669 1,133,000 12,324,887 242,862 75,592,903 2,376,524 419,959,124 Capital shares and surplus: Capital shares: Preferred stock, $100 par value per share Authorized 200,000 shares, issued 150,000 shares. . . . . . . . . . . Common stock, $5 par value per share Authorized 200,000 shares, issued 9,000,000 Authorized 2,000,000 shares, issued , ,000,000 shares, . . . . . . . . . . Paid-in surplus. . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings................... Excess (deficiency) or market value of stocks over cost, other than stocks of affiliates . . . . . . . . . . . Excess of underlying book value of stocks of affiliates over cost. Total capital shares and surplus 5,000,000 18,000,518 23,784,319 27,840,603 16,804,774 100,430,214 $520,389,338 Note: All securities are carried in accordance with the requirements of the National Association of Insurance Commisisoners as follows: eligible bonds at amortized values; stocks of associated insurance companies at pro rata share of capital and surplus; all other secunties at auotations prescribed by the Association. BE IT REMEMBERED, that at a regular meeting of the Board of Directors of Republic Insurance Company, duly called and held at the office of the Company in the City of Dallas, Texas, on the 28th day of February, 1967, a quorum being present, the following By-Laws was duly adopted to become effective February 28,1967: ARTICLE XI-APPOINTMENT OF ATTORNEYS-IN-FACT Appointment of Attorney-in-Fact. The President, or any Executive Vice President, may from time to time, appoint by written certificates attorneys-in-fact to act in behalf of the company in the execution of policies of insurance, bonds, undertakings, and other obligatory instruments of like nature. Such attorney-in-fact, subject to the limitation set forth in their respective certificates of authority shall have full power to bind the Company by their signature and execution of any such instruments and to attach the seal of the Company thereto. The President, or any Executive Vice President, or the Board of Directors, may at any time revoke all power and authority previously given to any attorney-in-fact. STATE OF NEW YORK COUNTY OF NEW YORK Alfred A.' Freytag Secretary , being duly sworn, deposes and says: I am of the Republic Insurance Company, I have compared the foregoing By-Law with the original thereof, as recorded in the Minute Book of the said Company, and do hereby certify that the same is a correct and true transcript therefrom and of the whole Article XI, of said original By-law and that the same is now in full force and effect. Pursuant to said By-law, John J. Zahn, Winston R. Broadbent, James N. Heiskell, Alfred Freytag, Charles l. Tea, Jr., John W. Spencer and Henry W. Niemann were duly appointed Attorneys-in-Fact of this Company without limitation as to amount of bond executed and that said appointment is now in effect. The above is a true statement of the assets and liabilities of said Company at the close of business December 31, 1982 taken from the books and records of said Company and is prepared in accordance with the statements on file with the Insurance Department of the State of New York. The Superintendent of Insurance of the State of New York has, pursuant to Section 327 of the New York Insurance Law (Chapter 882 of the Laws of 1939 of the State of New York, constituting Chapter 28 of the Consolidated Laws of the State of New York, as amended) issued to the Republic Insurance Company his certificate that said Company IS qualfled to become and be accepted as surety to guarantor on all bonds, undertakings and other obligations or guarantees, as prOVided tn the Insurance Law of the State of New York, and aU laws amendatory thereof and supplementary thereto; and that such certificate has not been revoked. f?./2.' ~ ~;> :~ ~ 19.&L MARYANN FOERDERER , Notary Pubhc, State of New York No. 41-4688453 ~ Qual. in Quetms ~5 COmmission RxpilUS Murch ;;lO, HI.(J February 84 day of , 19 _ , before me personally y W.. Niemann to me known, who being by me duly sworn, did depose and say that he resides in Staten Island. New York that he is an attorney-in-fact of the Republic Insurance Company, the corporation described in, and which executed, the foregoing instrument; that he knows the corporate seal of said corpor ion; th~t the seal affixed to the foregoing instrument is such corporate seal; that it was affixed thereto by the order ard of Directo f said corporation and that he signed his name thereto, as attorney-in-fact, . er and auth ity. ~/ Notary Public .> .jY/" '--=~"\RS-'09(~-83) -~,~ ~. ~"'~t ~;;.... r./ARY /8}! FOEnn:~F": f~~~;~;;~t;~~:;:}~ Q, '::'%5 , ~ ~--- '. ~ ~", ~ . JUDITH 1. TERRY TOWN CLERK REGISTRAR OF VIL\L 51'\ 1lSIKS Town Hall, 53095 Main Road P.O. Box 728 Southold, New York 11971 TELEPHONE (516) 765.1801 OFFICE OF THE TOWN CLERK TOWN OF SOUTHOLD December 22, 1982 Mr. Henry E. Raynor, Jr., Chairman Southold Town Planning Board Southold Town Hall Southold, New York 11971 Dear Henry: The Southold Town Board at a regular meeting held on December 21, 1982 adopted the fOllowing resolutions: RESOLVED that the Town Board of the Town of Southold hereby approves the amount of $400,000.00 for a performance bond for roads and improvements in the subdivision to be known as Hill Crest Estates, Section I, Orient, New York, as recommended by Town Engineer Lawrence M. Tuthill and the Southold Town Planning Board. RESOLVED that the Town Board of the Town of Southold hereby approves the amount of $340,000.00 for a performance bond for roads and improvements in the subdivision to be known as Golden View Estates, Laurel, New York, as recommended by Town Engineer Lawrence M. Tuthill and the Southold Town Planning Board. Very truly yours, Her- Judith T. Terry Southold Town Clerk