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01/26/01 Kukulski to Beard/BondTo: Stan Beard & Mike Fraser From: Chris Kukulski Subject: Mountain View Plaza Proposal Date: January 26, 2001 This memo is in reference to Condition 29 requiring that all "infrastructure and Improvements" be bonded for. Because we do not have a final detailed design of the project to reference, I would clarify the bonding requirements to include 125% of the cost of everything EXCEPT: building construction; parking lot paving; final landscaping in and around the buildings and parking lots; fighting; signage; and the service lines to each building. Therefore, those things that we would expect to be bonded for include but are not limited to (without the final design): grading for the entire site; all necessary water, sewer lines available to service all of the pads within the development; access roads and sidewalks withinj the site; cost of removing the MDOT maintenance facility and equipment, the cost of removing the NuPack batch plant equipment and offices; Hopefully this will help you understand your cost associated with the bonding requirements. We also need to sign off on the four year time line for making all of the bonded improvements. J P "' — , F i V