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2020-01-08 CC Packet
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2020-01-08 CC Packet
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1/6/2020 2:27:34 PM
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LetterofCreditReductionRequest <br />#11/8/2020 <br />AnalysisCompletedbyMarkStatz,PECityEngineer <br />PublicImprovementCostsExhibitDReductionRequest11/8/2020 <br />WorkPerformed& <br />SubjecttoOriginalLOCWorkCompleted <br />MaintenanceBondAmountandAcceptedAmounttobeRetainedNotes <br />Utilities <br />$293,862.20$232,075.20$61,787.00$25,000.00$36,787.00 <br />Incompleteworkincludes <br />punchlistitems. <br />Streets <br />$175,500.00$175,500.00$125,500.00$50,000.00Incompleteworkincludes: <br />wearcourse,curbatCBinCul <br />desac,pedramps,base <br />coursedamage,trailto <br />docks,punchlistwork. <br />ShorlineWork <br />$75,000.00$75,000.00$5,000.00$70,000.00Onlyworkcompletedistree <br />removal <br />Miscellaneous(streetsigns,streetlights,sodbehindcurb,frontyardtrees,etc.) <br />$55,000.00$55,000.00$0.00$55,000.00Noworkcompleted <br />PublicImprovementCosts$367,287.00$155,500.00$211,787.00 <br />Administrative,mobilizationandothercosts(perordinance)50%$183,643.50$105,893.50 <br />TotalPublicImprovementCostfor <br />$550,930.50$317,680.50RecommendedLOCAmmount <br />LetterofCredit <br />25 <br /> <br />
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