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PAGGI & MARTIN
Consulting Engineers & Land Surveyors
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54-56 Main Street
Poughkeepsie, New York 12601
9 14-471-78 9 8
October 12, 1994
RECEIVED
o C 1" I If 1994
~tJPERV/::;iJH'S OFFICE
TOWN OF \,VAPPINGER
Town Supervisor
Town of Wappinger
P.O. Box 324
Wappingers Falls, New York 12590
Reference:
Constance O. Smith
Subdivision Inspection Fees
Attention:
Dear Supervisor Smith:
Currently, when the Town entertains a subdivision proposal there is an
inspection fee paid by the Developer which is a percentage of the road
performance bond. We normally calculate this percentage at 3%.
I would recommend that instead of a fee being paid, an escrow account
be maintained by the Developer and kept in place until the road is
accepted by the Town and the one (1) year maintenance period is up.
This escrow account could be estimated by us at the time the map is
filed, and will be estimated at 3% of the performance bond. In addition,
the account will be maintained by the Comptroller's office of the Town
of Wappinger.
During the course of construction, if the time necessary for inspection
runs over, additional monies will be asked of the Developer, and
conver~ely, if at the end of job there is money left over, refunds will be
given to the Developer.
I would think a new section should be drafted by the Town Planner and
included in the Town Subdivision Regulations if the Board wishes to
adopt this methodology.
If you wish to discuss this further, please do not hesitate to contact me.
67=:6'12
Joseph E. Paggi, Jr., P.E.
JEP:law
cc: Albert P. Roberts
Jo""ph E. Paggi,Jr., P.E.
Ernst Martin, Jr" P.E.. L.S.
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