023
PAGGI. MARTIN & DEL BENELLP
Consit:lting Engineers & Land Su:roeyors
Zoning Administrator
Town of Wappinger
P.O. Box 324.
Wappingers Falls, New' York 12590
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54-56 Main Street
Poughkeepsie, New York 12601
914-471-7898
914-471-0905 (FAX)
April 14, 1999
Attention: Mark Liebermann'
Reference: Airport Business Center/Section III
Dear Mr. Liebermann:
I have been asked by Frank Buyakowski, developer of the above referenced
project, to calculate the road performance bond amount. Please note that this
bond calculation has been done on plans dated last revised February 4th, 1999.
At this point, the project has conditional Resolution of Approval from the Town of
Wappinger Planning B9~'lrd, but still has outstanding permit obligations.
We have calculated the construction value of the proposed work to $324,225.00.
It is customary for the Town to add 20% to this fee for the bond amount, which
would equal $389,070.00.
The eventual maintenance bond, which is 20% of the construction value, is
$64,845.00. The inspection fee, which is 3% of the original construction value
is $9,726.00.
If you are in need of further information. please do not hesitate to contact this
office.
/:;~rs~
Joseph E. Paggi, Jr., P.E.
JEP:law
cc: Daniel Wery, AICP
Albert P. RobeJts, Esq.
Graham Foster.
Hon. Elaine Snowden
Hon. Constance O. Smith, Supervisor
Robert Gray, P,E.
. Frank Buyakowski
.' ~ .~;.j
Joseph E. Paggi, Jr., P.E.
Ernst Martin. Jr., P.E., LB.
Charles R Del Bene, Jr.. P.~:.