Meadows Edge Subdivision Improvement Agreement (Not recorded)110 -- Appendix F _ Subdivision Improvement Agreement
Return to:
Theresa White
Kalispell City Clerk
P.D. Box 1997
Kalispell, MT 59903
APPENDIX F
SUBDIVISION IMPROVEMENT AGREEMENT
SUBDIVISION IMPROVEMENT AGREEMENT
THIS AGREEMENT,,made and entered into this 0 day ofA �1 12020 ,
by and between the CITY COUNCIL, CITY OF KALISPELL, MONTANA, Party of the First
Part and hereinafter referred to as the CITY, and
Meadows Edge, LLC. ,
(Name of Developer)
a Corporation
(Individual, Company or Corporation)
located at P.O. Box 7184, Kalispell, Flathead County, Montana, 59904
(Street Address/P. O. Box) (City, County, State, Zip)
Party of the Second Part and hereinafter referred to as DEVELOPER.
WITNESSETH:
THAT WHEREAS, the Developer is the owner and developer of a new subdivision known as
Meadows Edge Phase 1 B
(Name of Subdivision)
located at
Tract 3, E 112 Section 3, T28N, R22W, P.M.M., Flathead County, Montana
(Location of Subdivision) and,
WHEREAS, the City has conditioned it's approval of the final plat of
Meadows Edge Phase 1 B , upon the conditions as set
forth (Name of Subdivision) in the Preliminary Plat of the Subdivision being completed and all
improvements, as cited in "Exhibit A" have not been completed at this time, and the Developer
wishes to bond for the completion of those improvements set forth in "Exhibit A"; and
WHEREAS, the City's Subdivision Regulations require that a subdivider shall provide a
financial security of 125% of the estimated total cost of construction of said improvements as
evidenced by an estimate prepared by a licensed public engineer included herewith as "Exhibit
B" • and
WHEREAS, the estimated total cost of construction of said improvements is the sum of
111 Appendix F Subdivision Improvement Agreement
$ 984,226.90
NOW THEREFORE, in consideration of the approval of the final plat of said Subdivision by
the City, the Developer hereby agrees as follows:
1. The Developer shall deposit as collateral with the City a Letter of Credit, or other acceptable
collateral as determined by the City Council, in the amount of $ 1,230,283.63
Said Letter of Credit or other collateral shall have an expiration date of at least sixty (60)
days following the date set for completion of the improvements, certifying the following:
a. That the creditor guarantees funds in the sum of $ 1,230,283.63 the estimated
cost of completing the required improvements in Meadows Edge Phase 1 B
(Name of Subdivision)
b. That if the Developer fails to complete the specified improvements within the required
period, the creditor will pay to the City immediately, and without further action, such
funds as are necessary to finance the completion of those improvements up to the limited
of credit stated in the letter;
2. That said required improvements shall be fully completed by FebruM 24 2021.
3. That upon completion of the required improvements, the Developer shall cause to be filed
with the City a statement certifying that:
a. All required improvements are complete;
b. That the improvements are in compliance with the minimum standards specified by the
City for their construction and that the Developer warrants said improvements against
any and all defects for a period of two (2) years from the date of acceptance of the
completion of those improvements by the City;
c. That the Developer knows of no defects in those improvements;
d. That these improvements are free and clear of any encumbrances or liens;
e. That a schedule of actual construction costs has been filed with the City; and,
f. All applicable fees and surcharges have been paid.
4. The Developer shall cause to be filed with the City copies of final plans, profiles, grades and
specifications of said improvements, with the certification of the registered professional engineer
responsible for their preparation that all required improvements have been installed in
conformance with said specifications.
112 -- Appendix F Subdivision Improvement Agreement
IT IS ALSO AGREED BY AND BETWEEN THE PARTIES HERETO AS FOLLOWS,
TO -WIT:
That the Developer shall provide for inspection of all required improvements by a registered
professional engineer before the Developer shall be released from the Subdivision Improvement
Agreement.
That if the City determines that any improvements are not constructed in compliance with the
specifications, it shall furnish the Developer with a list of specific deficiencies and may withhold
collateral sufficient to insure such compliance. If the City determines that the Developer will not
construct any or all of the improvements in accordance with the specifications, or within the
required time limits, it may
withdraw the collateral and employ such funds as may be necessary to construct the
improvement or improvements in accordance with the specifications. The unused portions of the
collateral shall be returned to the Developer or the crediting institution, as is appropriate.
IN WITNESS WHEREOF, the Parties have hereunto set their hands and seals the day and year
herein before written.
Meadows Edge, LLC.
(Name of Subdivision/Developer/Firm)
by c V�
(Title)
STATE OF MONTAN
COUNTY OF
•� �r
2 fore me a Not Public for
n h� da of O � be
� t 5
y � � �
the State of Montana, personally appeared Wc e_ vv\a_riA, known to
me to be the ��� . -u ," �:, �a ���� s o f � > whose
=1 *
name is subscribed to the foregoing instrument and acknowledged to me that he/she executed the
same.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my Notarial Seal this day
and year first above written.
T
,. .... ��� cocti
MINDY COCHRAN
�o NOTARY PUBLIC for the
Notary Public or the State of Montana State of Montana
• SEAL a Residing at Kalispell, MT
Panted Name Yv1 _.
� �� My Commission Expires
Residing at 1, s OF M° May 17, 2023.
My Commission Expiresc
MAYOR, CITY OF KALISPELLr ATTEST:
Lr
MAYOR _� ER
1892
'• � i +
1�111 S ��Id�
Project Name: MEADOWS EDGE SUBDIVISION, PHASE 1 B
WGM Project Number: 171034.7
Owner: MEADOWS EDGE, LLC
Bonding Date. February 24, 2020
EXHIBIT "Be'
CERTIFICATION OF WORK TO BE WWGM
COMPLETED
Completed as of Bonding Date Total
Final Construction
Construction Quantity Casts
Quantities and Casts
Line Item Item Description
Unit
Quantity
Unit Price
Total
Quantity
Current Total
Schedule 1- Site Work
1.1
Mobilization, Submittals & Permits
LS
1
$12,000.50
$12,000
0.5000
$6,000.25
1.2
Erosion Control Measures
LS
1
$10,602.00
$10,602.00
0.75W
$7,951.50
1.3
Traffic Control
LS
1
$5,425.00
$5,425.00
0.6000
$3,255.00
1.4
Construction Survey
LS
1
$29,000.00
$29,000.00
0.6000
$17,400.00
1.5
Clearing Topsoil & Stockpile
LS
1
$47,755.00
$47,755.
1.0000
$47,755.00
1.6
Embankment (assumes 15%shrinkage h,,9we dens!W
LS
1
$63,800.00
$63,SDO.06
1.0000
$63,800.00
1.7
Seeding & Restoration
LS
1
$31,750.00
$31,750.
0.8000
$25,400.
1.8
Material Testing
LS
1
$27,630.00
$27,630.W
0.7000
$19,341.00
1.9
Demolition
LS
1
$21,650.00
$21,650.00
1.0000
$21,650.00
SCHEDULE 1 TOTAL
$249,612.50
75
hedule 2 - Roads & Sidewalks
2.1
3" Minus Select Subbase Material
CY
4778
$33.00
$157,674.00
4,778
$157,674.00
2.2
3/4" Minus Base Course Material
CY
3179
$36.00
$114,444.
2,120
$76,320.
2.3
Asphalt Pavement (4" Thickness)
SY
16182
$19.50
$315,549.00
0
$0.00
2.4
Concrete Curb & Gutter
LF
5553
$16.00
$881848.
0
$0.00
2.5
Temporary Road
CY
0
$35.W
$0.00
0
$0.00
2.6
Alley Approach
EA
5
$11iS0.00
$5,750.
0
$0.00
2.7
Sidewalk (4" Concrete, 5' Width, 6" Base)
SF
40232
$5.00
$201,160.00
13,410
$67,050.00
2.8
ADA Ramp (Truncated Domes)
EA
52
$450.00
$23,400.
0
$0.00
2.9
Mailbox Facility
EA
0
$2,500.00
$0.00
0
$0.00
2.10
Type 3 Barricade
EA
3
$460.00
$1,380.00
0
$0.00
2.11
Saw -Cut and Replace (pavement, curb & gutter, and sidewalk)
LS
1
$8,000.00
$8,000.00
0.25
$2,000.00
2.12
Drive -over Curb & Gutter
LF
2275
$17.50
$39,812
0
$0.00
2.13
Valley Gutter
LF
44
$21.00
$924.
0
$0.00
2.14
Parking Lot Striping
LS
1
$1,105.00
$1,105.00
0.00
$0.00
2.15
Add Thickened Sidewalk
SF
4247
$2.50
$10,617.50
0
SCHEDULE 2 TOTAL
$968l664.00
Schedule 3 - Water System
3.1
8" PVC Water Main
LF
4493
$55.00
$247,115.00
4,493
$247,115.00
3.2
6" Dia. 90' D.I. Elbow
EA
0
$600.00
$0.
0
$0.
3.3
8" Dia.11.25' D.I. Elbow
EA
1
$650.00
$650.00
2
$1,300.00
3.4
8" Dia. 22.5- D.I. Elbow
EA
8
$650.00
$5,200-00
8
$5,200.00
3.5
Connect to Existing Water Main
EA
3
$1,200.00
$3,600-00
3
$3,600.00
3.6
8"x8" MJxMJ D.I. Cross
EA
1
$875.00
$875.00
1
$875.00
3.7
6" Fire Hydrant Assembly
EA
7
$51100.00
$35,700.00
7
$35,700.
3.8
W MJxMJ Gate Valves, Boxes, & Apron
EA
35
$1,900.00
$661500.00
35
$66,500.
3.9
3/4" Domestic Water Service
EA
97
$1,5W.00
$150,350.00
97
$150,350A0
3.10
8" MJ End Cap w/ Thrust Blocking
EA
6
$6W.00
$3,6W.00
7
$4,200.
3.11
8"x6" MJxMJ D.I. Reducer
EA
0
•00
$0•
0
$0•
3.12
18" PVC Water Main
LF
0
$140.00
$0.
0
$0.00
3.13
18" Butterfly Valve, Box, & Apron
EA
0
$6,350.00
$0.00
0
$0.00
3.14
18" MJ End Cap
EA
0
$2,100.00
$0.00
0
$0.
3.15
8"X10" Transition Fittings (PVC to HOPE) and Appurtenances
EA
0
$1,745.00
$0.00
0
$0.00
3.16
12"XB" MJxMJ D.J. Reducer
EA
0
$900.00
$0.
0
$❑.
3.17
18"W MJxMJ D-i. Cross
EA
0
$40000.00
$0.00
0
$0.
3.18
10" HOPE DR11 Directional Drill
LF
0
$185.00
$0.00
0
$0.
3.19
Flowable Fill
LS
1
$2,850.00
$2,850.00
1
$2,❑•
3.20
Valve Box Extension (for depths exceeding 7 ft.)
EA
8
$375.00
$3,000.00
0
$0.00
3.21
Meter Pits (Materials Only)
EA
97
$559.00
$54,223.
97
$54,223.
3.22
8" Dia. 45' D.I. Elbow
EA
10
$650-00
$6,500.00
10
$6,500.
3.23
8"x8" MJxMJ D.I. Elbow
EA
7
$800.00
$5,600.00
7
$5,60D.
3.24
Temporary Blowoff
EA
3
$4,000.00
$12,WO.00
4
$16,000.
3.25
Permanent Blowoff
EA
1
$7,200.00
$7,200.
1
$7,200.
3.26
Meter Pit Traffic Rated Frames
EA
21
$181.00
$3,801.00
0
$0.00
SCHEDULE 3 TOTAL
764.00
,213.00
Schedule 4 - Sewer System
4.1
Connect to Existing
EA
0
$1,700.00
$0.
0
$0.00
4.2
Install 48" Dia. Manhole w/Cover & Apron
EA
25
$3,500.00
$87,500.00
26
$91,000.00
4.3
4" San" Sewer Service
EA
97
$11500.00
$145,500.
97
$145,500.00
4.4
8" PVC Sewer Main
LF
4467
$48.00
$214,416.001
4,467
$214,416.
4.5
Jack and Bare w/16" casing, spacers, restraints, end seats
LF
0
$1,050.00
$0.
0
$0.
SCHEDULE 4 TOTAL
7AUM
hedule S - Stormwater Management
5.1
30" I.D. Storm Basin tw/imoom orate assft apron, & renal
EA
3
$2,200-00
$6,600-00
3
$6,600-
5.2
30" I.D. Stony Basin (wl swnd-up cb cam. ate. & and
EA
10
$2,200.00
$22,000.00
10
$22,000.00
5.3
48" I.D. Storm Basin (w/ stand -pep awb unto. aura", a ring4
EA
0
$3,100.00
$0.00
0
$0.00
5.4
48" I.D. Storm Basin (wl sood curb cmoe apron, a rues)
EA
19
$4,400.00
$0,600.00
19
$83,600.00
5.5
Water quality Unit (48" DIAMETER)
EA
1
$9,500.00
$9,500.00
1
$9,500.00
5.6
12" PVC, SDR 35 Storm Main
LF
1282
$52.00
$66,664.00
1,282
$66,664.00
5.7
15" PVC, SDR 35 Storm Main
LF
0
$56.40
$0.00
❑
$0.00
5.8
18" PVC, SDR 35 Storm Main
LF
1708
$45.00
$76,860.00
11708
$76,M.00
5.9
24" PVC, SDR 35 Storm Main
LF
1150
$100.00
$115,000.00
1,150
$115,000.00
5.10
180 Flared End Section
EA
1
$375.00
$375.00
0
$0.00
5.11
24" Flared End Section
EA
0
$415.00
$0.00
0
$0.00
5.12
Detention Pond (oadrre, dwpkt& scats routs, a ro-rap)
L5
0
$36,400.00
$0.00
❑
$0.00
5.13
Pond Outlet Structure
EA
1
$4,500.00
$4,500.00
1
$4,500.00
5.14
Water quality Unit (72" DIAMETER)
EA
0
$25,000.00
$0.00
0
$0.00
5.15
Detention Pond Adjustments (access route, u*rKh pbjL arnbanbmwo
LS
0
$19,000.00
$0.00
0
$0.00
5.16
South Detention Pond Wading, shaping, outlet structure, & rip -rap)
LS
1
$3,85D.00
$3,850.
0.95
$3,657.50
5.17
30" I.D. Storm Basin (wldmve-ow ant eft*%apron, & rkw)
EA
5
$2,310.00
$11,550.00
5
$11,550.
5.18
60" I.D. Storm Basin (wflnwrnal carer wal Aow sputter)
EA
1
$5,350.00
$5,350.00
1
$5,350.
5.19
24" OAP Culvert Extension
LF
13
$32.00
$416.
0
$0.010
5.20
Critter Guard
EA
1
$250.00
$250.00
0
SCHEDULE 5 TOTAL
.5
Schedule 6 - Dry Utilities, Street Lighting, and Signage
6.1
Utility Trench with Bedding
LF
7554
$7.00
$52,878.00
7,554
$52,878.00
6.2
6" Conduit w/ Pull Rope
LF
1260
$5.50
$6,930.
1,260
$6,930.09
6.3
4" Conduit w/ Pull Rope
LF
1820
$3.50
$6,370.
1,820
$6,370.
6.4
3" Conduit w/ Pull Rope
LF
8120
$3.00
$24,360.00
8,120
$24,360.
6.5
2" Conduit w/ Pull Rope
LF
11400
$2.50
$28,500.00
11,400
$28,500.00
6.6
1" Conduit w/ Pull Rope
LF
1667
$2.00
$3,334.00
1,667
$3,334-00
6.7
Single Phase Utility Vault
EA
15
$850.00
$12,750.00
15
$12,750-00
6.8
Three Phase Utility Vault
EA
5
$1,200.00
$6,000.00
5
$6,000.00
6.9
Secondary Electrical Pedestal
EA
40
$65.00
$Z600.00
40
$2,600-00
6.10
Street light Concrete Base
EA
21
$900.00
$18,900.00
21
$18,900.00
6.11
Street Signs (2-Stop w/road names, 2-Private Alley)
LS
0
$1,500.00
$0.00
0
$0.00
6.12
Additional Street Signs and Painted Curb
LS
0
$2,075.00
$0.00
0
$0.00
6.13
Directional Drilling (6" HDPE) for FEC (Farm to Market)
LF
0
$96.00
$O.00
0
$0.00
6.14
Directional Drilling j2" HDPEj for Phone/Fiber (Farm to Market)
LF
0
$44.50
$0.
0
$0.00
6.15
6" Long Radius Sweep
EA
4
$200.00
$800.00
2
$400.00
6.16
3" Long Radius Sweep
EA
132
$52.00
$6,864.00
132
$6,864.00
6.17
2" Long Radius Sweep
EA
275
$48.00
$13,200.00
275
$13,200.00
6.18
1" Long Radius Sweep
EA
59
$42.00
$2,478.00
19
$798.00
6.19
Installation of Charter -Supplied Roll Pipe for Fiber
LF
1880
$1.80
$3,384.
1,880
$3,384,00
6.20
4" Long Radius Sweep
EA
6
$55.00
$330.
6
$330.
6.21
Street Signs (9 Stop/road names, 4 Private Apes. x No ParWng, grid Paint)
LS
1
$4,750.00
$4,750.
0
$0.00
SCHEDULE 6 TOTAL
194A2&0D
�.5
CIVIL CONSTRUCTION BASE BID TOTAL
$2,875,399.50
$I,166,605.25
Landscape Plan Cost Estimate
GENERAL.
OPEN SPACE, BOULEVARDS
LA
Mobilization, Demobilization, Insurance, Permits
LS
1
$4,000.00
$4,000.00
0
$0.00
L.2
Park/Open Space Grass Seed Mix
LS
1
$11,321.00
$11,321A0
0
$O.DO
L.3
Deciduous Tree: 2.25" cal sized
EA
162
$275.00
$44,550.00
0
S0.00
L.4
Coniferous Tree: 5-6' height
EA
4
$280.00
$1,120.00
0
$0.00
L.5
2" City Water Meter for Park and Open Space
EA
1
$20,536.00
$20,536.00
0
$O.00
L.6
Automatic Controller
EA
1
$2,500.00
$2,500.00
0
$0.00
L.7
2" Irrigation Backflow Preventer
EA
1
$500.00
$500.00
0
S0.00
L.8
Auto Spray Irrigation Vane & Box
EA
14
$150.00
$2,100.00
0
$0.00
L.9
M isc. Wiring
LS
1
$600.00
$600.00
0
$0.00
L.10
Quick Coupler
EA
1
$150.00
$150.00
0
$0.00
L.11
4" Sch. 40 Irrigation Sleeving
LF
36
$4.00
$144.00
0
$0.00
L.12
6" Sch. 40 Irrigation Sleeving
LF
103
$2.00
$206.00
0
$0.00
L.13
Hunter Short Radius MPS00, Matched Precipitation Rotator Head
EA
142
$18.00
$2,556.00
0
$0.00
L.14
Hunter MP2000, Matched Precipitation Rotator Head
EA
48
Sam
$864.00
0
$0.00
LAS
Hunter 1-25 Nozzle 05 Rotary Head, Matched Precipitation
EA
30
$50.00
$1,500.00
0
$0.00
L.16
Hunter 1-25 Nozzle 15 Rotary Head, Matched Precipitation
EA
15
$50.00
$750.00
0
$0.00
L.17
2" PVC Irrigation Main
LF
1500
S3.00
$4,500.00
0
$0.00
LAS
2" Poly Irrigation Lateral
LF
440
$2.00
$880.00
0
$0.00
L.19
1 1/2" Poly irrigation Lateral
LF
615
$1.75
$1,076.25
0
$0.00
L.20
1" Poly Irrigation Lateral
LF
3185
$0.80
$2,548.00
0
$0.00
L.21
3" Asphalt Pavement (over existing gravel maint. road)
SY
430
$19.00
$8,170.00
0
$0.00
L.22
Open Space Picnic Shelter
EA
1
$15,000.00
$15,000A0
0
$0.00
L.23
Open Space Benches
EA
2
$775.00
$11550A0
0
$0.00
L.24
Open Space Trash Receptacle
EA
1
$1,285.00
$1,285.00
0
$O.00
GENERAL, OPEN SPACE, AND BOULEVARDS TOTAL
$128,406.2
$0.00
PLAYGROUND
AREA
L.25
Mobilization, Demobilization, Insurance, Permits
LS
1
$4,000.D0
$4,0DO.00
0
$0.00
L.26
Park/Open Space Grass Seed Mix
LS
1
$1,486.00
$1,486.00
0
$0.00
L.27
Deciduous Tree: 2.25" cal sized
EA
8
$275.00 $2,200.00
0 $0.00
L.28
Coniferous Tree: 6-8' height
EA
5
$300.00 $1,500.00
0 $0.00
L.29
Coniferous Tree: 5-6' height
EA
2
$280.00 $560.00
0 $0.00
L.30
Auto Spray Irrigation Valve & Box
EA
4
$150.00 $600.00
0 S0.00
L.31
Misc. Wiring
I.S.
1
$250.00 $250.00
0 $0.00
L.32
4" Sch. 40 Irrigation Sleeving
LF
40
$4.00
$160.00
0 $0.00
L.33
6" Sch. 40 Irrigation Sleeving
LF
13
$2.00
$26.00
0 $0.00
L.34
Hunter Short Radius MP800, Matched Precipitation Rotator Head
EA
20
$18.00
$360.00
0 $0.00
L.35
Hunter MP2000, Matched Precipitation Rotator Head
EA
48
$18.00
SWA.00
0 $0.00
L.36
2" PVC Irrigation Main
LF
485
$3.00
$1,455.00
0 $0.00:
L.37
1" Poly Irrigation Lateral
LF
1390
$0.80
$1,112.00
0 $0.00
L.38
Playground Equipment Items 4-8 (Delivered to Site + Supervisory Install)
LS
1
$70,000.00
$70,000.00
0 $0.00
L.39
Concrete Stand Up Curb
LF
317
$15.00
$4,755.00
0
$0.00
LAO
Playground Surfacing (Engineered Wood Fiber)
SF
6045
$1.50
$9,067.50
0
$0.00
L.41
Trash Receptacle
EA
1
$1,285.00
$1,285.00
0
$0.00
L.42
Vinyl Fence
LF
100
$21.50
$2,150.00
0
$0.00
L.43
10' wide Asphalt Path (3" asphalt, 8" gravel base)
LF
735
$32.00
$23,520.00
0
$0.00
PLAYGROUND AREA TOTAL
$125,350.50
$0.00
DOG PARK
L.44
Mobilization, Demobilization, Insurance, Permits
LS
1
$1,000.00
$1,000.00
0
$0.00
L.45
Bluegrass Seed or Sod
LS
1
$2,427.00
$2,427.00
0
$0.00
L.46
Flowering Tree: 2.25" cal sized
EA
6
$250.00
$1,500.00
0
$0.00
L.47
Auto Spray Irrigation Valve & Box
EA
2
$150.00
$300.00
0
$0.00
LAB
Misc. Wiring
LS
1
S5.00
$5.00
❑
$0.00
L.49
Hunter MP3000, Matched Precipitation Rotator Head
EA
49
$18.00
$882.00
0
$0.00
L.50
2" PVC Irrigation Main
LF
5
$3.00
$15.00
0
$0.00
L.51
2" Poly Irrigation Lateral
LF
5D
$2.00
$100.00
0
$0.00
L.52
1 1/2" Poly Irrigation Lateral
LF
290
$1.75
$507.50
0
$0.00
L.53
1" Poly irrigation Lateral
LF
640
$0.80
$512.00
0
$0.00
L.54
Benches
LS
1
$775.00
$775.00
0
$0.00
L.55
Trash Receptacle
LS
1
$1,285.00
$1,285.00
0
$0.00
L.56
Dog Waste Station
LS
1
$500.00
$500.00
0
$0.00
L.57
Black Chainlink Fence
LF
910
$9.50
$8,770.00
0
$0.00
L.58
Vinyl Fence
LF
130
$21.50
$2,795.00
0
$0.00
L.59
3/4" Gravel Surfacing
CY
8.4
$36.00
$302.40
0
$0.00
DOG PARK TOTAL
$21,675.90
$0.00
LANDSCAPING TOTAL
$275,432.65
$O.DG
TOTAL PROJECT BUDGET [INCLUDES LANDSCAPING]
$3,15%832.15
TOTAL ESTIMATED COST OF CONSTRUCTION
$3,150,832.1S
AMOUNT COMPLETED PRIOR TO BONDING
$2,166,60S.25
AMOUNT OF REMAINING WORK PRIOR TO BONDING
$984,226.90
AMOUNT OF BOND (125% OF REMAINING WORK)
$1,230A3.63
AS PROJECT ENGINEER FOR MEADOWS EDGE SUBDIVISION PHASE iB, I CERTIFY THAT THE WORK LISTED
HEREIN IS CORRECT. IN ADDITION, i CERTIFY THAT THE ASSOCIATED COSTS ARE REASONABLY ACCURATE
ESTIMATES OF THE RESPECTIVE COSTS OF THE WORK.
THE VALUE OF CONSTRUCTION AND OTHER WORK COMPLETED TO DATE IS ESTIMATED TO BE:
$2,166,605.2S
THE TOTAL VALUE OF REMAINING WORK, SERVICES AND FEES IS ESTIMATED TO BE:
$984,226.90
SECURITY HELD AT 125% OF THE REMAINING COSTS SHOULD BE IN THE AMOUNT OF:
$1,230,293.63
STEPHANIE REYNOLDS, P.E. *ALL IMPROVEMENTS SHALL BE COMPLETED BY:
February 24, 2021
Approximate percentage of completed
work as of bonding date: 69%
0 TA
� STEPHANIE A•
REYNOLDS
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