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Home My WebLink AboutLong Pond Estates, Sec I . . JUDITH T. TERRY TOWN CLERK REGISTRAR Of VITAL STATISTICS Town Hall, 53095 Main Road P.O. Box 1179 Southold, New York 11971 FAX (516) 765-1823 TELEPHONE (516) 765-1801 OFFICE OF THE TOWN CLERK TOWN OF SOUTHOLD October 30, 1989 5 z C'l iJ o Z C m III -i > -i m III . Jeffrey D. Forchelli, Esq. D'Amato, Forchelli, Libert, Schwartz & Mineo Counselors At Law 120 Mineola Boulevard - P. O. Box 31 Mineola, New York 11501 III m n Dear Mr. Forchelli: ~ tl) iD .. en tl) a. Transmitted herewith is your $350,000 performance bond with respect to Long Pond Estates, Section 1, and a certified Southold Town Board resolution authorizing the release of same. Very truly yours, ~~7- Judith T. Terry Southold Town Clerk - o - '" ... - co '" Enclosu re cc: Planning Board , . REPUBLIC INSURANCE COMPANY .... _"i- 129 FULTON STREET NEW YORK. NEW YORK 1 0038 BON D KNOW ALL MEN BY THESE PRESENTS, That We, BAYVIEW LAND CORP. of 120 Mineola Boulevard, Mineola, New York as Principal and JEFFREY D. FORCHELLI, RICHARD MOHRING, ROSARIA FORCHELLI AND RITA MOHRING 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; N~W YORK as Obligee in the sum of THRRE HUNDRED FIFTY THOUSAND AND 00/100 ($350,000.00) DOLLARS, 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: 26th day of September 1985. 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 March 18, 1985, for subdivision of "Long Pond Estates, Section #1" 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 shall iL connection with the installation of said items on Engineers Estimate in "Long Pond Estates, Section #1" within two (2) years from the date hereof, complete said improvements to be in accordance 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; otherwiGe to remain in full force and effect. NO party other than the Obligee shall have any rights hereunder as against the Surety. BA , ( ." I.ll THE exceed the Surety on the bond obliga i n shalf. <l'},c" any cause or reason whatsoev r. ,>)" \", , REPUBLI BY He ry W. Niemann At t 0 rney-in-Fact BONDII: 941568 PFJ RS 10. ,. ACKNOWLEDGMENTS COPARTNERSHIP STATE OF COUNTY OF } SS: On this day 01 19 , before me per- .o"olly app.ared _ to me known and known to me to be one of the fi rm of described in and who executed the foregoing instrument and he thereupon acknowledged to me that h. executed the some as and for the act and deed of said firm. CORPORATE STATE OF /Vt:-w 'lOt-It. COUNTY OF NItSSth,) On this 3J day 01 ::JeFfP...ei -p }ss: sonally appeared Ot-iDfbti- 19 ~ ,belare me per. F ~{-h..-~ to me known, who, being by me ()Y~jrr'(L ,ktj. ; that t?ffiyy(pJ 1!.()f2f'. 01 I".rff'f t-A1VD first duly sworn, did depose and soy thot he i. the fk-'5. he resides in the corporation described in and which executed the foregoing instrument; that he knows the corporate seal of said corporation; thot the corporate seal affixed to said instrument is such corporate seal; that it was so affixed by order and authority of the Board of Directors of said corporation, and that he signed his name thereto by like order and authority. INDIVIDUAL ~/1t1/?;jA~;:/&t:td MARGARET A. KLEIN NOTARY PUBUC. Stete of New York No. 62-4766332 Qualified in Suffolk County C1 My CQmmission Expires March 30. 1l12l<" STATE OF /l~ yptt/l.. COUNTY OF /II,13)rnJ On this 3.-; "ax...ol Ovl'l'l.?t1Z- 19 ~ belore me per. ~ p H~L( (Llc..tttrft-1> ,H.PI,1Z'.l/v[, , sonally appeared e.O$,~ r:ep:c...tt.:r'U.../) IL,.-n:; M{;t11UfV~ , to me known and known to me ,to be the individual described in and who executed the fon-going instrument and acknowledged to me that ~t""C"/ exec~ted the same. }ss: '/'/1 d/ICdAG5(:#>i:!g/l~ (/ P'OIlltM E_Z. MARGARET A. KLEIN NOTARY PUBUC. Stete of New VlII'Ir No. 62-4766332 M Qualif~ed In Suffolk Co 0 V CommIssIon Expires Marc':i%, ,~ .. " REPUBLIC INSURANCE COMPANY NEW YORK DISTRIBUTION OFFICE 129 FULTON STREET, NEW YORK, N. Y. 10038 STATUTORY FINANCIAL STATEMENT DECEMBER 31, 1984 ASSETS LIABILITIES, RESERVES AND CAPITAL FUNDS Cash ..........$ 2,615,277 Bonds. at amortized cost United States Government Other bonds . Total Bonds 50,372,174 101,444,347 151,816,521 Investments in stocks other than stocks of affiliates: Preferred stocks. at market Common stocks, at market ................. Total stocks 16,504,885 83,934,267 100,439,152 Short-term investments .. Investments in stocks of affiliates at under- Iyingbookvalue ...... ................ Agents balances and reinsurance balances - net .. Reinsurance Recoverable on Loss Payments. . . . . . . . Premium notes, less unearned interest. . . . . . . . Federal Income Tax Recoverable 62,688,282 56,532,809 126,636,645 10,939,839 282,201 2,231,610 Reat estate, at cost less accumulated depreciation 011,130,109 1 ,356,288 9,524,680 -0- 525,063,304 Other assets Receivable from affiliates Liabilities: Reserve for losses ............... Reserve for loss adjustment expenses .. Unearned premium reserve ........... Taxes, other than Federal income taxes. . . Other liabilities. . . . . . . . . . . Payable to affiliates Funds held by company under reinsurance treaties Statutory reserves: Excess of statutory reserves over loss and loss expense reserves. . . . . .. . . . . .......... Total liabilities . . . . . . . . . . . . . . ............$ 87,798,147 .. .. . . . . . . . 12,233,500 145,947,302 2,002,260 13,337,197 55,698,629 80,849,810 1,076,857 398,943,702 Capital shares and surplus: Capital shares: Preferred stock, $100 par value per share Authorized 90,000 shares issued 70,000 shares ............................. Common stock, $5 par value per share Authorized 1,000,000 shares, issued 1,000,000 shares.......................... Paid-in surplus. ............................... Retained earnings.............. .......... Excess of 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............................. 7,000,000 5,000,000 18,000,518 66.530,042 6,090,992 23,498,050 126,119,602 525,063,304 Note: All securities are carried in accordance with the requirements of the National Association of Insurance Commissioners 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 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 Freytag beingdulysworn,deposesandsays:lam Secretary 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, Alfred Freytag, Charles L. Tea, Jr., John W. Spencer and HenryW. 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 31,1984 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 Stale 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 qualified 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 certificate has not been revoked. Sworn to before me this ~ 2 6 t h ~ G-hL (/I- ,-- STATE OF NEW YORK COUNTY OF NEW YORK 26th d~~ternber ,19~ , EUGENE A. MILLER Notary Public, Slate of New York No. 31-4811688 OU<llilied in New York County r.omtTI1SSlon Expires March 30, 1986 Henry W. Niemann d 1 September 85 ay 0 ,19 _, before me personally to me known, who being by me duly sworn, did depose and say that he reside.s in R i. c h~o n d ~ 0 un t y, New. Y ~ r k 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 corporation' that the seal affixed to the foregoing instrument is such corporate seal; that it was affixed thereto by the-otder of the Board of Directors 0 said corporation and that he signed his name thereto, as attorney-in-fact, by like ord~r and authority. V ' ,"'" i;a On this RS -109 (3-84) Notary Public EUGENE A. MILLER Notary PubliC, State of New York No. 31-4811688 Qual/tied In New York County CommiSSion ExpIres March 30, 1986 JUDITH T. TERRY TOWN CLERK REGISTRAR Of VITAL STATISTICS Town Hall, 53095 Main Road P.O. Box 1179 Southold, New York 11971 FAX (516) 765-1823 TELEPHONE (516) 765-1801 OFFICE OF THE TOWN CLERK TOWN OF SOUTHOLD THIS IS TO CERTIFY THAT THE FOLLOWING RESOLUTION WAS ADOPTED BY THE SOUTHOLD TOWN BOARD AT A REGULAR MEETING HELD ON OCTOBER 211, 1989: RESOLVED that the Town Board of the Town of Southold hereby authorizes the release of the $350,000 performance bond of Forchelli & Mohring for the roads and improvements in the major subdivision of Long Pond Estates, Section I, all in accordance with the recommendation of the Southold Town Planning Board, Superintendent of Highways Jacobs, and Sidney B. Bowne & Son, Consulting Engineers. #h~~.J~ ~dnh;:. Terry (f Southold Town Clerk October 27, 1989 ~ r .T"r>-___ ~.:....',.,-- ~:j>~<.~\~,;I:Dr,/ " P~~~NING~BOARp ",.::' j' \ \"""" ,'1.1--.. ,L >. . ~..._ ',.., TO~~~ O~~SOU1_t1p~~D SUFfoLK-COUNTY '~' -/)/ ,"',-J 'jJ. .." ,\~'''' '.7 " _ ..1 I' ...:J "":'':1:!Z:Jk-'/' Southold. N,Y, 11971 (516) 765,1938 March 28,1988 \. Philip J. Cardinale Attorney at Law P.O. Drawer W Jamesport, NY 11947 RE: Long Pond Estates Section I SCTM # 1000-52-8-(1-4) 1000-55-7-(1-7) 1000-56-1(2.1-2.16 Dear Mr. Cardinale: ]. The Bond for the above named-subdivision expired as of September 26, 198~. Inasmuchas the outstanding work remains uncompleted, the Planning Board cannot recommend release of the Bond. Your cOcJi:,.~.ration in this matter would be greatly appreciated. Very truly yours, (j~ cY~ldil~ BENNETT ORLOWSKI,JR;O CHAIRMAN cc: Judith Terry Jay Schondebare j t: ~}" - 'f~;...,> .~.,~;.,~~ " JUDITH T, TERRY TOWN CLERK REGISTRAR OF VITAL STATISTICS 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 October 11 ,1985 Southold Town Planning Board Southold Town Hall Southold, New York 11971 Gentlemen: The Southold Town Board at their regular meeting held on October 8, 1985 accepted Bond No. 941568, issued by Republic Insurance Company, in the amount of $350,000. DO, for roads and improvements in the major subdivision known as "Long Pond Estates, Section I", Southold, New York. Very truly yours, ' ~r- Judith T. Terry Southold Town Clerk ( REC~VED D'AMATO, FORCHELLI, LIBERT, SCHWARTZ S MINEO ocr 0 4 1985 ARMAND p, D'AMATO. JEFFREY D. FORCHELU* JACK L. LIBERT- DONALD JAY SCHWARTZ. PETER R. MINEO. THOMAS J. DUNCAN- RICHARD C. GOLDBERC*<) STEPHEN GUARNERI- PETER ALPERT. THOMAS V. PANTELIS. COUNSELORS AT LAW 120 MINEOLA BOULEVARD P. O. BOX 31 MINEOLA, NEW YORK 11501 f","" 1':'... Sm~!!old WASHINGTON OFFiCE 1735 NEW YORK AVENUE, N. W. WASHINGTON, D. C. 20006 (202) 783-4802 (516) 248-1700 October 3, 1985 OF COUNSEL JAMES w. PARES- ROBERT A. MELILLO. -MEMBER NY. BAR OM EMBER DeBAR Office of the Town Clerk Town of Southold Town Hall 53095 Main Road P.O. Box 728 Southold, New York 11971 Attention: Ron. JuditL T. Terry Town Clerk RE: Subdivision Map of Long Pond Estates Section I Dear Mrs. Terry: In connection with the above, I enclose herewith the following: a. A copy of the Planning Board letter indi- cating that the above subdivision was approved. b. A copy of your letter indicating that the Town Board adopted a Resolution approving the bond amount for $350,000.00. c. The original bond in the sum of $350,000.00. .' . DAMATO, FORCHELLI, LIBERT, SCHWARTZ S MINEO COUNSELORS AT LAW Office of the Town Clerk Town of Southold Attention: Ron. Subdivision Section I October 3, 1985 Page Two Judith Map of T. Terry Long Pond Estates RE: I would appreciate if you could present the bond to the Town Board for their acceptance. JDF/js Enclosures tesies and Thanking you in advance for your anticipated c cooperation, I remain VIA EXPRESS MAIL cc: planning Board Town of Southold Attention: Ms. Diane M. Schultze Secretary f' ~ .. . .. D LD y Southold. N.Y. 11971 (516) 765-1938 August 13, 1985 Jeffrey D. Forchelli Attorney at Law 120 Mineola Blvd. Mineola, NY 11501 Re: Long Pond Estates, Section I Dear ~lr. Forchelli: The fOllowing action was taken by the Southold Town Planning Board, Monday, August 12, 1985. RESOLVED that whereas, a formal application for the approval of a subdivision plat entitled "Long Pond Estates, Section I" located at Southold was submitted to the Planning Board on October 24, 1975 and, filing fee of $360 was paid on December 9, 1975, WHEREAS, a public hearing was held on said subdivision application and plat at the Town Hall, Southold, New York, on July 29, 1985 at 7 ;30 p.m., to re-hear this subdivision due to the time lapse, WHEREAS, the requirements of the Subdivision Regulations of the Town of Southold have been met by said subdivision plat and application, NOW, therefore, be it RESOLVED that the application of Long Pond Estates, Sec.I for approval of said subdivision plat prepared by Rod Van Tuyl and last dated July 1985 , be approved and the chairman be authorized to endorse approval on said subdivision plat subject to the following conditions within six (6) months from the date of this resolution: 1. Receipt and acceptance by the Town Board of a letter of credit or performance bond in the approved amount of $350,000. 2. Receipt of a signed contract by the Mayor of the Village of Greenport and the applicant for the water approval. ,; r ..' .1. Jeffrey D. Forchelli Page 2 August 13, 1985 -----.-------------------------------------------------------------- Upon receipt of notice that the above conditions have been met, the Chairman will endorse approval on the subdivision map . If you have any questions, please don't hesitate to contact our office. Very truly yours, ~O~~.~~};~ SOUTHOLD TOWN PLANNING BOARD By Diane M. Schultze, Secretary cc: Henry E. Raynor, Jr. ~ JUDITH T. TERRY TOWN CLERK REGISTRAR OF VITAL ST^T1STICS _. ,{l>a.:-.tZ'~... ,'i~>~:,:(~:H,j~" ,:~' ~ ',f ~~</ (.,' >'~:Q'''''''', :.., ~;~ , . ,',1 \~.' '.{ '/:'2'~ . J~ ._<, ); -....~ :; """ ..\' j'~ < ~ --,~ ' .' . " ',j :t/~ 1_ '~ ! ;-,\,...", \..j .'..~ .....;,.0...... .,-, .i"/, . _, './ .~~~~~~:J::.~/ 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 April 24, 1985 Southold Town Planning Board Southold Town Hall Southold, New York 11971 Gentlemen: The SouthoJd Town Board at their regular meeting held on April 23,1985 adopted a resolution approving the bond estimate in' the amount of $350, 000. 00 for roads and improvements within the major subdivision of Long Pond Estates, Section I, Southold, as recommended by your Board and Engineer Lawrence M. Tuthill. Very truly yours, ~r- Judith T. Terry Southold Town Clerk cc: Henry E. Raynor, Jr. .' . . .. I "1C:IIvID. Southold. N.Y. 11971 (516) 765-1938 APR t 7 835 "- CIert fl_It L M April 16, 1985 Henry E. Raynor, Jr. Drawer A Jamesport, NY 11947 Re: Long Pond Estates Section I Dear Mr. Raynor: The fOllowing action was taken by the Southold Town Planning Board, Monday,April 15, 1985. RESOLVED that the Southold Town Planning Board accept and refer to the Town Board the bond estimate of $350,000 for road improvements within the major subdivision of Long Pond Estates, Section I, located at Southold. Enclosed is a copy of the bond estimate for your review. If you have any questions, please don't hesitate to contactour office. Very truly yours, ~ O-Lo~'~'~~-J ~ -,I n.A BENNETT ORLOWSKI, JR., CHA~ SOUTHOLD TOWN PLANNING BOARD ~. v cc: Town Clerk By Diane M. Schultze, Secretary , " . . .' .. L.AWRENCE M. TUTHIL.L. PROFESSIONAL ENGINEER INLET LANE EXT. GREENPDRT, N.Y. 11944 13REEN~DRT 7-11US2 MAR 18 1985 Harch 18, 1985 Hr. Bennet': Or1o';,;ki. Jr.. Chatrman Southo1n Town ~lannin~ Board Main Road Southo1d, NY 11971 Re: Subdivision entitled "Lon'" Fond Estates" Southo1d, Gentlemen: My revised estimate for the bond for the improvements for the above mentioned subdivision is as follows: Surfacing 3.300 1f (Q' $ 40.00jlf Curbing 6,60 1f @ $ 5.00j1f Water Mains 3,300 1f @ $ 15.00j1f Service Lines 1" 400 1f @ :;; 4.00jlf Hydrants 4 @ :3 600.00 ea Fencin" (Conmercie.1) 1,600 If or :3 1L.OOjlf Curbin" under fence 18" 1,600 1f A :; 5.0~j1f Headwa11s 2 ':1' $ 800.00 Fi"iM 1Q" 550 1f ~. :;; 16.00j1f Catch Bpcins 8 C $ 1,200.00 ea Signs " '3' street, 2,deaxl. end, 5 stOT) @ $ 90.0n ea. Barriers 2} $ 800.00 ea . Monument,; ;0 @ $ 50.00 ea "'rees 60 c, $ 60.00 ea Administrative and Su~ervision costs Incr~2.Re costs over 3 ye'1.T "Ceriod $ 132,000.00 33,000.00 49,500.00 1,600.00 2,400.00 22,400.00 8,000.00 1,600.00 8,800.00 9,600.00 ,.900.00 1,600.00 1.500.00 3,600.00 45,900.00 30,000.00 $ 350,000.00 ~'~~";' '"~:P