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2014-266-BackupA Toft G Brothers America's Luxury Home Builder' October 16, 2013 Robert Gray, PE Town of Wappinger 20 Middlebush Road Wappinger,NY 12590 RE: Regency at Wappinger(Hilltop Village) All Angles Hill Road, Town of Wappinger,NY Bond Reduction Request Dear Mr. Gray: I am sending this letter as a request to reduce Performance Bond 4 39BSBGG1368 in connection with the above referenced project. In consideration of the work complete to date, I am requesting the above referenced bond be reduced from $2,312_,272 to $1,366,446. Attached is a bond calculation worksheet supporting this reduction as well as a color plan illustrating the work completed to date. Please place this matter on the next Town Board agenda for consideration. In the interim, should you have any questions or need any fin-ther information please feel free to contact me at(845) 897-8900. Thank you. Sincerely, TOLL BROTHERS INC. Jefferson W. Schiller, P.E. Land Development Manager cc: Barbara Roberti, Town of Wappinger Sal Morello, Town of Wappinger Dan Rossi, TBI John Maucieri,TBI etiv York Stock ; charge Symbol'1'01, Nevv York Division 60 Nlerriti Boidevard, Suitt 100 e Fishl i7J_,NY 12524 • (845) 897-8900 F-1L3: (845) 897-8907_ t:oflbrotl cr";.Corn October 16,2013 PHASE#1&2 BOND ESTIMATE Regency at Wappinger(Hilltop Village) TOWN OF WAPPINGER ORIGINAL UNIT COMPLETED COST TO ITEM QUANTITY UNIT PRICE VALUE QUANTITY COMPLETE Clear&Grub 4.80 Acre $4,571.25 $21,942 2.4 $10,971 Demolition-remove existing asphalt road 1 LS $10,000.00 $10,000 1 $0 Silt Fence 3,500 LF $2.50 $8,750 3,500 $0 Inlet Filter Protection 23 ea. $125.00 $2,875 23 $0 Seeding-Disturbed Acres 208,000 SF $0.04 $8,320 208,000 $0 Anti-tracking Pads 3 ea. $2,000.00 $6,000 3 $0 E&S Maintenance 1 LS $10,000.00 $10,000 0.5 $5,000 Basin Grading 2 ea. $10,000.00 $20,000 2 $5,000 Temporary Riser 2 ea. $1,000.00 $2,000 2 $0 Outlet Structure 2 ea. $5,000.00 $10,000 1 $5,000 Emergency Spillway 2 ea. $3,000.00 $6,000 2 $1,500 Stone Access Drive 80 CY $50.00 $4,000 0 $4,000 Pond Fencing 1,720 L.F. $15.00 $25,800 0 $25,800 Topsoil Strip 2,605 CY $4.00 $10,420 2,605 $0 Topsoil Replate 1,234 CY $6.00 $7,404 1,234 $0 Cut to Fill 14,535 CY $10.00 $145,350 14,535.0 $0 8"Sewer SDR 35(Town Rd and connect @ Rich Drive) 2,080.0 LF $44.00 $91,520 2,080.0 $0 Sewer Manholes(Town Rd and connect @ Rich Drive) 10 ea. $4,500.00 $45,000 10 $0 Doghouse Manholes 2 ea. $5,500.00 $11,000 2 $0 Tie into Existing Sewer(@ Rich Drive) 1 ea. $5,000.00 $5,000 1 $0 18"HDPE 1,202 LF $48.00 $57,696 1,202 $0 24"HDPE 177 LF $61.00 $10,797 177 $0 30"HDPE 45 LF $69.00 $3,105 45 $0 36"HDPE 34 LF $83.00 $2,822 34.0 $0 60"HDPE 83 LF $188.00 $15,604 83 $0 Flared End Section 18" 3 ea. $580.00 $1,740 3.0 $0 Flared End Section 24" 1 ea. $680.00 $680 1.0 $0 Flared End Section 30" 1 ea. $980.00 $980 1.0 $0 Flared End Section 36" 1 ea. $1,280.00 $1,280 1.0 $0 Flared End Section 60" 2 ea. $1,800.00 $3,600 2.0 $0 Inlet Type C 23 ea. $2,850.00 $65,550 23.0 $0 Pipe 8"-DIP 5,410 LF $45.00 $243,450 1,800 $162,450 8"Valves 20 ea. $1,175.00 $23,500 13.0 $8,225 Fire Hydrant Assembly 10 ea. $4,000.00 $40,000 4.0 $24,000 Wet Tap 1 ea. $7,500.00 $7,500 0.0 $7,500 Bore-water under All Angels Road 1 LS $150,000.00 $150,000 1.0 $0 Street Lights(Inc. pole,conduit/wire,base,fixture,etc.) 7 ea. $3,200.00 $22,400 0.0 $22,400 12"Foundation Course 5,009 SY $12.00 $60,108 4,257.7 $9,016 3"Binder Course 5,009 SY $17.50 $87,658 4,257.7 $13,149 2"Wearing Course 5,009 SY $12.50 $62,613 0 $62,613 Street Trees 59 ea. $350.00 $20,650 0 $20,650 Street/Traffic Signs 9 ea. $250.00 $2,250 0 $2,250 Survey Monuments 5 ea. $250.00 $1,250 0 $1,250 Correction line(total errror from original bond est) 1 Lump -$163,161.00 ($163,161) ($163,161) Meadowwood Watermain Loop 1 Lump $792,000.00 $792,000 0 $792,000 Top Course Pavement Private Road"B" 4,253 SY $12.50 $53,167 0 $53,167 Top Course Pavement Private Road"C" 9,832 SY $12.50 $122,900 0 $122,900 Top Course Pavement Private Road"D" 2,283 SY $12.50 $28,533 0 $28,533 Top Course Pavement Private Road"E" 2,416 SY $12.50 $30,200 0 $30,200 Top Course Pavement Private Road 7" 4,997 SY $12.50 $62,467 0 $62,467 Top Course Pavement Private Road"G" 2,123 SY $12.50 $26,533 0 $26,533 Top Course Pavement Private Road"H" 1,843 SY $12.50 $23,033 0 $23,033 TOTAL CONST.COST $2,312,285 $1,366,446 BOND AMOUNT $2,312,285 : REDUCED $1,366,446 COMPLETE 41 Phase 1&2 TOWN INSPECTION FEE ($1,173,452 x 3%) $35,203.56 X:\Hilltop\Bond\10-16-13 Hilltop Bond Reduction Estimate.xlsx i I LL 441 - I Cr RE Uj co t1, .emr ' KL 1 CL �. IA ul CL— Zt n �a "~ mm�p R I b _ J v u l _ _ II 1� \ I s u PHI 4 H 4" l _ i ffi y+ alI d . r I I