2020 SIA/Meadows Edge Ph 1BReturn to:
Kalispell City Clerk
P.O. Box 1997
Kalispell, MT 59903
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Debbie Pierson, Flathead County MT by MW 8/6/2020 1035 AM
APPENDIX F
SUBDIVISION IMPROVEMENT AGREEMENT
SUBDIVISION IMPROVEMENT AGREEMENT
THIS AGREEMENT, made and entered into this 3rd day of June , 2020, 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 th"wner and developer of a new subdivision known as
a
Meadows Edge Phase 1 B C ov-v. c, v�
(Name of Subdivision)
located at Tract 3 of COS 18892, in the SEI/4 Section 3, T28N, R22W, P.M., M., Flathead County, MT
(Location of Subdivision) and,
WHEREAS, the City has conditioned it's approval of the final plat of
Meadows Edge Phase 1 B
(Name of Subdivision)
upon the conditions as set forth 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
I I I — Appendix F — Subdivision Improvement Agreement
$ 443,593.78
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 $ 554,492.22
Said Letter oiCredit 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 $ 554,492.22 the estimated
cost of completing the required improvements in Meadows Edge Phase 1 B Qwre-rAon
(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 February 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 I
(Title)
STATE OF MONTANA
COUNTY OF rjA-1 e_ 4
On this day of _'5%.k rAe_ , 20 A n, before me, a Notary Public for
the State of Montana, personally appeared W a e, -Ro. v.tio. , known to
me to be the Wo,tdk &U-,tw r,rA E4.L[of ee_0 1yVV 1 , whose
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.
I t�� C n
Notary Public f& the State of Mon ana
Printed Name � a n
Residing at 4 wtT
My Commission Expires 11 , ZD 2
oy cocy MINDY COCHRAN
01���i NOTARY PUBLIC for the
-- State of Montana
SEAL i Residing at Kalispell, MT
My Commission Expires
May 17, 2023.
� .R3 CITY OF KALISPELL ATTEST:
i
�• SEAL
z 1892
� •.MONTP�P' • �
�mrnnua
Project Name: MEADOWS EDGE SUBDMSION, PHASE 1B
WGM Project Number: 171034.7
Owner: MEADOWS EDGE, LLC
Bonding Date: February 24,2020
EXHIBIT "B"
CERTIFICATION OF WORK TO BE 4, WG M G R O U P
COMPLETED
Completed as of Bonding Date Total
Final Construction
Construction Quantity Costs
Quantities and Costs
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
$12,000.50
0.7500
59,000.38
1.2
Erosion Control Measures
LS
1
$10,602.00
$10,602.00
0.7500
$7,951.50
1.3
Traffic Control
LS
1
$5,425.00
$5,425.00
1.0000
$5,425.00
1.4
Construction Survey
LS
1
$29,000.00
$29,000.00
1.0000
$29,000.00
1.5
Clearing Topsoil & Stockpile
LS
1
$47,755.00
$47,755.00
1.0000
$47,755.00
1.6
Embankment (am -es ssxsnrinrase In -Place dersin)
LS
1
$63,800.00
$63,800.00
1.0000
$63,800.00
1.7
Seeding & Restoration
LS
1
$31,750.00
$31,750.00
0.8500
$26,987.50
1.8
Material Testing
IS
1
$27,630.00
$27,630.00
0,9500
$26,248.50
1.9
Demolition
LS
1
$21,650.00
$21,650.00
1.0000
$21,650.00
SCHEDULE 1 TOTAL
$249,612.50
$237,817.88
Schedule 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
$114,444.00
3,179
$114,444.00
2.3
Asphalt Pavement (4" Thickness)
SY
16182
$19.50
$315,549.00
15,722
$306,579.00
2.4
Concrete Curb & Gutter
LF
5553
$16.00
$88,848.00
4,660
$74,560.00
2.5
Temporary Road
CY
0
$35.00
$0.00
0
$0.00
2.6
Alley Approach
EA
5
$1,150.00
$5,750.00
4
$4,600.00
2.7
Sidewalk (4" Concrete, 5' Width, 6" Base)
SF
40232
$5.00
$201,160.00
20,160
$100,800.00
2.8
ADA Ramp (Truncated Domes)
EA
52
$450.00
$23,400.00
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
1.00
$8,000.00
2.12
Drive -over Curb & Gutter
LF
2275
$17.50
$39,812.50
2,786
$48,755.00
2.13
Valley Gutter
LF
44
$21.00
$924.00
0
$0.00
2.24
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
$968,664.00
$815,412.00
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
$0.00
0
$0.00
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" M1xM1 D.I. Cross
EA
1
$875.00
$875.00
1
$875.00
3.7
6" Fire Hydrant Assembly
EA
7
$5,100.00
$35,700.00
7
$35,700.00
3.8
8" MJxMJ Gate Valves, Boxes, & Apron
EA
35
$1,900.00
$66,500.00
35
$66,500.00
3.9
3/4" Domestic Water Service
EA
97
$1,550.00
$150,350.00
97
$150,350.00
3.10
8" MJ End Cap w/Thrust Blocking
EA
6
$600.00
$3,600.00
7
$4,200.00
3.11
8"x6" M1xM1 D.I. Reducer
EA
0
$650.00
$0.00
0
$0.00
3.12
18" PVC Water Main
LF
0
$140.00
$0.00
0
$0.00
3.13
18" Butterfly Valve, Box, & Apron
EA
0
$6,350.00
$0.00
0
$0.00
3.14
18" Ml End Cap
EA
0
$2,100.00
$0.00
0
$0.00
3.15
8"X30" Transition Fittings (PVC to HDPE) and Appurtenances
EA
0
$1,745.00
$0.00
0
$0.00
3.16
12"X8" M1xM1 D.I. Reducer
EA
0
$900.00
$0.00
0
$0.00
3.17
18"X8" MJxMJ 0.1. Cross
EA
0
$4,000.00
$0.00
0
$0.00
3.18
10" HDPE DR11 Directional Drill
LF
0
$185.00
$0.00
0
$0.00
3.19
Flowable Fill
LS
1
$2,850.00
$2,850.00
1
$2,850.00
3.20
Valve Box Extension (for depths exceeding 7 ft.)
EA
8
$375.00
$3,000.00
8
$3,000.00
3.21
Meter Pits (Materials Only)
EA
97
$559.00
$54,223.00
97
$54,223.00
3.22
8" Dia. 45' D.I. Elbow
EA
30
$650.00
$6,500.00
10
$6,500.00
3.23
8"x8" M1xMJ D.I. Elbow
EA
7
$800.00
$5,600.00
7
$5,600.00
3.24
Temporary Blowoff
EA
3
$4,000.00
$12,000.00
4
$16,000.00
3.25
Permanent Blowoff
EA
1
$7,200.00
$7,200.00
1
$7,200.00
3.26
Meter Pit Traffic Rated Frames
EA
21
$181.00
$3,801.00
0
$0.00
SCHEDULE 3 TOTAL
$608,764.00
$610,213.00
Schedule 4 - Sewer System
4.1
Connect to Existing
EA
0
$1,700.00
$0.00
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" Sanitary Sewer Service
EA
97
51,500.00
$145,500.00
97
$145,500.00
4.4
8" PVC Sewer Main
LF
4467
$48.00
$214,416.00
4,467
$214,416.00
4.5
lack and Bore w/16" casing, spacers, restraints, end seals
LF
0
$1,050.00
$0.00
0
$0.00
SCHEDULE 4 TOTAL
$447,416.00
$450,916.00
Schedule 5 - Stormwater Management
5.1
30" I.D. Storm Basin (w/smtted&mte cauh,&apron,& rings)
EA
3
$2,200.00
$6,600.00
3
$6,600.00
5.2
30" I.D. Storm Basin(w/stand-up curb castingapron,&dngs)
EA
10
$2,200.00
$22,000.00
10
$22,000.00
5.3
48" I.D. Storm Basin (w/stand.upcurb-mg,apron,&rings)
EA
0
$3,100.00
$0.00
0
$0.00
5.4
48" I.D. Storm Basin (w/soiidcurbcastingapren,&rings)
EA
19
$4,400.00
583,600.00
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
$56.00
$0.00
0
$0.00
5.8
18" PVC, SDR 35 Storm Main
LF
1708
$45.00
$76,860.00
1,708
$76,860.00
5.9
24" PVC, SDR 35 Storm Main
LF
1150
$100.00
$115,000.00
1,150
$115,000.00
5.10
18" 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 (grading, shaping access route, & rip -rep)
LS
0
$36,400.00
$0.00
0
$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, trench plug embankment)
LS
0
$19,000.00
$0.00
0
$0.00
5.16
South Detention Pond (grading, shaping, outlet structure, & rip -rap)
LS
1
$3,850.00
$3,850.00
0.95
$3,657.50
5.17
30" I.D. Storm Basin(w/drove-mer curb casting apron, & rings)
EA
5
$2,310.00
511,550.00
5
$11,550.00
5.18
60" I.D. Storm Basin,/internal Wier waii now sputter)
EA
1
$5,350.00
$5,350.00
1
$5,350.00
5.19
24" CMP Culvert Extension
LF
13
$32.00
$416.00
0
50.00
5.20
Critter Guard
EA
1
$250.00
$250.00
0
SCHEDULE 5 TOTAL
$406,515.00
$405,281.50
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
$6,930.00
1,260
$6,930.00
6.3
4" Conduit w/ Pull Rope
LF
1820
$3.50
$6,370.00
1,820
$6,370.00
6.4
3" Conduit w/ Pull Rope
LF
8120
$3.00
$24,360.00
8, 120
$24,360.00
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
$2,600.00
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
6.22
Additional Street Signs and Painted Curb
LS
0
$2,075.00
$0.00
0
$0.00
6.13
Directional Drilling (6" HOPE) for FEC (Farm to Market)
LF
0
$96.00
$0.00
0
$0.00
6.14
Directional Drilling (2" HDPE) for Phone/Fiber (Farm to Market)
LF
0
$44.50
$0.00
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.D0
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.D0
1,880
$3,384.00
6.20
4" Long Radius Sweep
EA
6
$55.00
$330.D0
6
$330.00
6.21
Street Signs (9 stop/road names,4 Private Alley, 2 No Parkin& and Paint)
LS
1
$4,750.00
$4,750.00
0
$0.00
SCHEDULE 6 TOTAL
$194,428.00
$187,598.00
CIVIL CONSTRUCTION BASE BID TOTAL
$2,875,399.50
$2,707,238.38
Landscape Plan Cost Estimate
L.1
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
$11,321.00
0
$0.00
L.3
Deciduous Tree: 2.25" cal sized
EA
162
$275.00
$44,550.00
0
$0.00
LA
Coniferous Tree: S-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
$0.00
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
$0.00
L.8
Auto Spray Irrigation Valve & Box
EA
14
$150.00
$2,100.00
0
$0.00
L.9
Misc. 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 MP800, Matched Precipitation Rotator Head
EA
142
$18.00
$2,556.00
0
$0.00
L.14
Hunter MP2000, Matched Precipitation Rotator Head
EA
48
$18.00
$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
$3.00
$4,500.00
0
$0.00
L.18
2" Poly Irrigation Lateral
LF
440
$2.00
$880.00
0
$0.00
L.19
11/2" 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
$15,000.00
0
$0.00
L.23
Open Space Benches
EA
2
$775.00
$1,550.00
0
$0.00
L.24
Open Space Trash Receptacle
EA
1
$1,285.00
$1,285.00
0
$0.00
GENERAL, OPEN SPACE, AND BOULEVARDSTOTAL
$128,406.25
$0.00
L.25
Mobilization, Demobilization, Insurance, Permits
LS
1
$4,000.00
$4,000.00
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.D0
$1,500.00
0
$0.0c
L.29
Coniferous Tree: 54 height
EA
2
$280.00
$560.00
0
$0.0c
L.30
Auto Spray Irrigation Valve & Box
EA
4
$150.00
$600.00
0
$0.0c
L.31
Misc. Wiring
LS
1
$250.00
$250.DD
0
$0.0c
L.32
4" Sch. 40 Irrigation Sleeving
LF
40
$4.00
$160.00
0
$0.0c
L.33
6" Sch. 40 Irrigation Sleeving
LF
13
$2.00
$26.00
0
$0.0c
L.34
Hunter Short Radius MP800, Matched Precipitation Rotator Head
EA
20
$18.00
$360.00
0
$0.0c
L.35
Hunter MP2000, Matched Precipitation Rotator Head
EA
48
$18.00
$864.00
0
$0.0c
L.36
2" PVC Irrigation Main
LF
485
$3.00
$1,455.00
0
$0.0c
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
$0.0c
L.39
Concrete Stand Up Curb
LF
317
$15.00
$4,755.00
0
$0.0c
LAO
Playground Surfacing (Engineered Wood Fiber)
SF
6045
$1.50
$9,067.50
0
$0.0c
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
L.44
Mobilization, Demobilization, Insurance, Permits
LS
1
$1,000.00
$1,000.00
0
$0.00
LAS
Bluegrass Seed or Sod
LS
1
$2,427.00
$2,427.00
0
$0.00
LAB
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
$5.00
$5.00
0
$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
50
$2.00
$100.00
0
$0.00
L.52
11/2" 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
$0.00
TOTAL PROJECT BUDGET(INCLUDES LANDSCAPII
TOTAL ESTIMATED COST OF CONSTRUCTION
AMOUNT COMPLETED PRIOR TO BONDING
AMOUNT OF REMAINING WORK PRIOR TO BONE
AS PROJECT ENGINEER FOR MEADOWS EDGE SUBDIVISION PHASE 113, 1 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: $2,707,238.38
THE TOTAL VALUE OF REMAINING WORK, SERVICES AND FEES IS ESTIMATED TO BE: $443,593.78
SECURITY HELD AT 125% OF THE REMAINING COSTS SHOULD BE IN THE AMOUNT OF: $554,492.22
STEPHANIE REYNOLDS, P.E. 'ALL IMPROVEMENTS SHALL BE COMPLETED BY: February 24, 2021
Approximate percentage of completed
work as of bonding date: 85%
STEPHANIE A.
REYNOLDS
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