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Crowley to Deist/Release Letter of CreditCity of Kalispell Public Works Department Post Office Box 1997, Kalispell, Montana 59903-1997 - Telephone (406)758-7720, Fax (406)758-7831 MEMORANDUM October 29, 2007 To: eb Deist, City Treas From: Mark Crowley, Construction ManaeoO� Re: The Meadows Development The engineer for the developer has requested a release of the SIA for the referenced project (attached). A recent examination of the project was performed with the engineer, and the Public Works Department concurs that the items have been constructed in accordance with the approved plans and specifications and the letter of credit should be released. Cc: 48 North, PC 151 Business Center Loop, Suite A Kalispell, Montana 59901 The Meadows, LLC Attn: Tom Klein 8 First Street East, Suite #204 Kalispell, Montana 59901 Planning Department 48 N R TH i P.C. Civil Enginaeeri ng S, ervices October 10, 2007 Attn: Frank Castle City of Kalispell Public Works Department 312 1st Ave. East Kalispell, MT. 59903 151 Business Center Loop, Suite A ® Kalispell, MT 59901 ® P) 406.756.4848 ® F) 406.756.4849 RE: Approval for Liftstation and Infrastructure at The Meadows Dear Frank: As Engineer of record for The Meadows, I herby certify that the construction of the items that are shown in the attached Certification of Work To Be Completed have been completed to the best of my knowledge. The percentage of work complete to date for The Meadows, is at 100%. The latest bond was at 67%, equating to a 33% reduction or bond release amount of $747,161.34 At this time we are requesting a letter of approval from the City of Kalispell stating that you are in agreement with improvements installed to date. Representatives of The City of Kalispell, 48 North P.C. and Schwarz Construction preformed a final walk- through on June 25, 2007. The start up and programming of the liftstation and alarm system was preformed and successfully completed on October 10,200 7. Please except this letter as final acceptance of improvements installed per the approved plans dated October 19, 2006, 48 North P.C. is in the process of preparing record drawings and transfer of easements. If you have any questions or require additional information please feel free to give me a call (406-756-4848). Sincerely, Brett Walcheck, P.E. 48 North, P.C. Enclosures: EXHIBIT "A" CERTIFICATION OF WORK TO BE COMPLETED THE MEADOWS SUBDIVISION SUBDIVISION ROADS & OVERLOT GRADE COMPLETED TO DATE October 10, 2007 Item No. Description Unit Measure Estimated Quantity Unit Price Total Price QUANTITY COMPLETED TOTAL COST COMPLETED 101 Demo Site / Sheet 3 LS. 1 $ 21,383.20 $ 21,383.20 1 $ 21,383.20 102 Strip Topsoil, Stockpile,Re lace C.Y. 8500 $ 3.23 $ 27,456.00 8500 $ 27,456.00 103 Strip Topsoil C.Y. 26,924 $ 4.78 $ 128,696.72 26924 $ 128,696.72 104 Excavation / Sheet 4 & 5 C.Y. 12,926 $ 3.41 $ 44,077.66 12926 $ 44,077.66 106 Stabilization Fabric S.Y. 10,282 $ 1.27 $ 13,058.14 10282 $ 13,068.14 106 Select Subbase C.Y. 2,572 $ 19.16 $ 49,279.52 - 2572 $ 49,279.52 107 3/4" Crushed Gravel C.Y. 1,566 $ 19.21 $ 30,082.86 1566 $ 30,082.86 108 4" Ash attic Cement S.Y. 8,603 $ 12.32 $ 105,988.96 8603 $ 105,988.96 109 Curb & Gutter L.F. 4,893 $ 11.93 $ 58,373.49 4893 $ 68,373.49 110 5'Sidewalk with Gravel S.F. 23,678 $ 4.24 $ 100,394.72 23678 $ 100,394.72 111 6' Ashpaltic Cement Interior Pathway with 6"Gravel S.F. 9,380 $ 13.06 $ 122,409.00 9380 $ 122,409.00 SUBTOTAL ITEMS 101-111 $ 701 199.27 $ 701,199.27 WATER SYSTEM COMPLETED TO DATE October 10. 2007 Item No. Description Unit Measure Estimated Quantity Unit Price Total Price QUANTITY COMPLETED TOTAL COST COMPLETED 201 8" Water Main L.F. 2,710 $ 26.98 $ 73,115.80 2710 $ 73,116.80 202 8" Gate Valves & Boxes EA. 9 $ 1,890.65 $ 17,016.85 9 $ 17,015.85 203 8" Ductile Iron Fittings EA. 15 $ 991.74 $ 14,876.10 15 $ 14,876.10 204 Fire Hydrants w/ Tee, Pipe, Aux. Valve & Box EA. 7 $ 3,755.24 $ 26,286.68 7 $ 26,286.68 205 Water Services 2" EA. 19 $ 1,333.51 $ 25,336.69 19 $ 26,336.69 206 1 Water Services 1" EA. 1 $ 1,200.00 $ 1,200.00 1 $ 1,200.00 207 Water Services Fire 4" PVC EA. 1 $ 6,147.44 $ 6,147.441 $ 6,147.44 208 Connect to Existing EA. 1 $ 6,298.62 $ 6,298.62 1 $ 6,298.62 SUBTOTAL ITEMS 201 - 208 $ 170,277.18 $ 170 277.18 SEWER SYSTEM COMPLETED TO DATE October 10. 2007 Item No. Description Unit Measure Estimated Quantity Unit Price Total Price QUANTITY COMPLETED TOTAL COST COMPLETED 301 8" Sewer Main L.F. 2,582 $ 17.93 $ 46,295.26 2582 $ 46,295.26 302 Sewer Force Main L.F. 1,600 $ 17.98 $ 28,768.00 1600 $ 28,768.00 303 4' Diam. Manholes wl Ring & Cover EA. 12 $ 1,909.44 $ 22,913.28 12 $ 22,913.28 304 Sewer services EA. 20 $ 577.37 $ 11,547.40 20 $ 11,547.40 305 Lift Station / Sheet 22 L.S. 1 $ 183,679.00 $ 183,579.00 1 $ 183,579.00 SUBTOTAL ITEMS 301 - 305 1 1 1 $ 293 102.94 $ 293,102.94 DRAINAGE & MISCELLANEOUS WORK COMPLETED TO DATE October 10, 2007 Item No. Description Unit Measure Estimated Quantity Unit Price QUANTITY Total Price COMPLETED TOTAL COST COMPLETED 401 8" PVC Storm Drain L.F. 577 $ 17.65 $ 10,184.05 577 $ 10,184.05 402 12" PVC Storm Drain L.F. 1,835 $ 19.25 $ 35,323.76 1835 $ 35,323.76 403 Catch Basin w/ Inlet Apron EA. 16 $ 1,331.38 $ 21,302.08 16 $ 21,302.08 404 Catch Basins EA. 17 $ 1,238.66 $ 21,057.22 17 $ 21,057.22 405 Ri Ra C.Y. 20 $ 55.65 $ 1,113.00 20 $ 1,113.00 406 Under round Stormwater Detention Facility L.S. 1 $ 108,468.23 $ 108,468.23 1 $ 108,468.23 407 Erosion Control / Sheet 2 L.S. 1 $ 12,857.04 $ 12,857.04 1 $ 12,857.04 408 Retaining WallsA, B, & C, / Sheet 26 L.F. 382 $ 48.86 $ 18,664.52 382 $ 18,664.62 409 Retaining Wall D / Sheet 27 L.F. 763 $ 91.29 $ 69,654.27 763 $ 69,654.27 410 Retaining Wall E I Sheet 27 L.F. 287 $ 67.88 $ 19,481.56 287 $ 19,481.56 411 Mail Boxes & Si na e I Sheet 28 L.S. 1 $ 9,355.98 $ 9,355.98 1 $ 9,355.98 412 Traffic Control L.S. 1 $ 4,323.62 $ 4,323.52 1 $ 4,323.52 413 Mobilization/Schedule/Submittals L.S. 1 $ 13,046.38 $ 13,045.38 1 $ 13,045.38 414 Construction Surveying L.S. 1 $ 14,310.00 $ 14,310.00 1 $ 14,310.00 SUBTOTAL ITEMS 401 - 414 $ 369,140.60 $ 359,140.60 UTILITIES - TRENCHING, CONDUIT, VAULTS & LIGHTS COMPLETED TO DATE October 10, 2007 Item No. Description Unit Measure Estimated Quantity Unit Price Total Price QUANTITY COMPLETED TOTAL COST COMPLETED 501 Common Utilit Trench w/ Beddin L.F. 3,000 $ 2.79 $ 8,370.00 3000 $ 8,370.00 502 2" Conduit w/ Pull Roe L.F. 6,000 $ 3.31 $ 19,860.00 6000 $ 19,860.00 503 3" Conduit w/ Pull Rope L.F. 3,000 $ 3.98 $ 11,940.00 3000 $ 11,940.00 504 4" Conduit w/ Pull Roe L.F. 3,000 $ 4.40 $ 13,200.00 3000 $ 13,200.00 505 5' Conduit w/ Pull Roe L.F. 3,000 $ 5.86 $ 17,550.00 3000 $ 17,560.00 506 4" & 5" Swee s/Fiber lass/Steel EA. 10 $ 644.71 $ 5,447.10 10 $ 6,447.10 507 3" Sweeps/Fiberglass/Steel EA. 6 $ 172.17 $ 1,033.02 6 $ 1,033.02 508 3" Sweeps /PVC EA. 40 $ 27.24 $ 1,089.60 40 $ 1,089.60 509 2" Sweeps/ PVC EA. 80 $ 16.43 $ 1,314.40 80 $ 1,314.40 510 1 Phase Transformer Vault EA. 7 $ 1,650.75 $ 10,855.26 7 $ 10,855.25 511 3 Phase Transformer Vault EA. 10 $ 1,641.39 $ 15,413.90 10 $ 16,413.90 612 6" Sleeve for Gas Company L.F. 240 $ 12.31 $ 2,954.40 240 $ 2,964.40 513 Materials in stora a L.S. 1 $ 152,711.52 0 $ 514 CO-1 Storm Drainage L.S. 1 $ 13,661.92 $ 13,661.92 1 $ 13,661.92 SUBTOTAL ITEMS 501-516 $ 122 689.59 $ 122,689.59 COMPLETED TO DATE October 10. 2007 Item No. Description Unit Measure Estimated Quantity Unit Price Total Price QUANTITY COMPLETED TOTAL COST COMPLETED 601 Flathead Electric L.S. 1 $ 67,401.00 $ 57.401.00 1 $ 57,401.00 602 Northwest Energy L.S. 1 $ 22,000.00 $ 22,000.00 1 $ 22,000.00 603 Centurytel L.S. 1 $ 0 $ 604 Engineering, Design L.S. 1 $ 111,657.00 $ 111,657.00 1 $ 111,657.00 605 Engineering, Construction L.S. 1 $ 57,624.34 $ 57,624.34 1 $ 57,624.34 SUBTOTAL ITEMS sot - 606 $ 248 682.34 $ 248,682.34 TOTAL PROJECT BUDGET TOTAL ESTIMATED COST OF CONSTRUCTION AMOUNT COMPLETED PRIOR TO BONDING AMOUNT OF REMAINING WORK PRIOR TO BONDING AMOUNT OF BOND (125 % OF REMAINING WORK) AMOUNT OF WORK COMPLETED TO DATE PERCENTAGE OF WORK COMPLETED TO DATE AMOUNT OF WORK REMAINING ORIGINAL BOND AMOUNT AMOUNT OF BOND TO BE RETAINED (125% OF REMAINING WORK) BOND AMOUNT TO BE RELEASED AMOUNT PREVIOUSLY RELEASED AMOUNT TO BE RELEASED AT THIS TIME AS PROJECT ENGINEER FOR THE MEADOWS SUBDIVISION, 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: THE TOTAL VALUE OF REMAINING WORK, SERVICES AND FEES IS ESTIMATED TO BE: SECURITY HELD AT 125 h OF THE REMAINING COSTS SHOULD BE IN THE AMOUNT OF: THEREFORE, IT IS IN ACCORDANCE WITH THE SUBDIVISION IMPROVEMENTS AGREEMENT TO REDUCE THE TOTAL AMOUNT OF THE SECURITY HELD BY: $774,161.34 BRETT WALCHECK, P.E. l $ 1,895,091. 2 1 $ 1,896,091. 22 $ 1,896,091.92 $ 1,895,091.92 $ 1,895,091.92 100 774,161.34 $774,161.34 $0.00 $774,161.34 1,895,091.92 'ALL IMPROVEMENTS SHALL BE COMPLETED BY: 10/10/2007 Ogg � iLLJ ' 0 �4.61 % tdjrl ti ` t 1C Eta'��� —' �Ci