1989-10-18
PAGGI & MARTIN
Consulting Engineers & Land Surveyors
54-56 Main Street
Poughkeepsie , New York 12601
9 1 4-47 1 - 7 898
October 18, 1989
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OCT 2 0 198&
ELAINE H. SNO
TOliVn Citric WO~r,.
Town of Wappinger
Planning Board
Box 324
20 Middlebush Road
Wappingers Falls, New York 12590
Reference: Satellite Investments
Route 376
Dear Board Members:
We have prepared the necessary bond amount calculations for
the above subdivision. The map that was used was the final
plat submitted by the Developer's Engineer dated Revised
10/2/89.
The total amount of the construction value for the work
proposed on that plat is $931,622.00. If there are any
changes that take place to the plat before its filing, the
amount would have to be corrected to reflect these changes.
In my opinion, I do not anticipate any substantial changes.
As a corollary to the performance bond, an inspection fee of
three percent of the performance bond figure or $27,950.00
must be posted by the Developer.
If I can be of further assistance in this matter, please do
not hesitate to contact me.
Very truly yours,
cy~A. ~'F
Joseph E. Paggi, Jr., P.E.
JEP:hs
cc: Frank Buyakowski
Herb Levenson
Ray Arnold
Elaine Snowden, Town~Clerk
89-003(62)
Joseph E. Paggi,Jr., P.E.
Ernst :\Iartm, Jr.. P.E., L.S.
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