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HomeMy WebLinkAboutWD-19-82 ✓"pK I.DGE ,p CORPORATION OF THE TOWN OF NEWCASTLE NV PUBLIC WORKS DEPARTMENT HAMPTON, ONTARIO LOB 1J0 TELEPHONE (416)263-2292 REPORT TO THE GENERAL PURPOSE AND ADMINISTRATION COMMITTEE MEETING OF MARCH 22, 1982. REPORT NO: WD-19-82. SUBJECT: RILLS OF LIBERTY NORTH SUBDIVISION. NO. 18T-77123. PART LOT 11 , CONCESSION 3, FORMER TOWNSHIP OF DARLINGTON. REQUEST FOR LETTER OF CREDIT REDUCTION. RECOMMENDATION: It is respectfully recommended: 1 . That this report be received, and; 2. That the request of East Woodbridge Developments Limited to have the Performance Guarantee for the install- ation of Works, reduced from $652,256. 00 to $303,530. 00. , be approved. BACKGROUND AND COMMENT: On July 29, 1981 , in accordance with the Subdivision Agreement between the Town of Newcastle and East Woodbridge Developments Limited, the Authorization to Commence Works was granted. To date a considerable portion of the construction has been completed, up to a point where Building Permits may now be issued in the first stage. The Works installed have been inspected and certified as having been constructed in accordance with the approved Engineering Drawings and Town of Newcastle Standards and Specifications. WD-19-82. The Developer has entered into an Agreement with Ontario Hydro for the installation of electrical services, and the Performance Guarantee for this work is by way of a separate Letter of Credit held by Ontario Hydro. Since all of the works have not been installed, the Town is not in a position to provide a Completion Certificate for the Works. East Woodbridge Developments Limited has requested that the Letter of Credit held by the Town as Performance Guarantee in respect of the construction of the Works be reduced by 90% of the value of the works completed to date, and that the Letter of Credit be adjusted to reflect the separate Performance Guarantee with Ontario Hydro for the underground electrical distribution. Respectfully submitted, lid David T. Gray, C.E.T. Deputy Director of Public Works. c� U March 11 , 1982. DTG:vh RILLS Cam' LIBERTY NORTH No. 18T-77123 TOWN OF NEWCASTLE L '7ER OF CREDIT REDUCTION WORK COMPLETED TO DATE STAGE A Storm sewers (including culverts, gabion construction, etc.) $ 4,400.00 Rams (including fine grading, granular base, base asphalt) $ 71,300.00 Rough Grading $ 4,500.00 Streetlighting $ NIL Engineering and contingencies (10%) $ 8,020.00 STAGE A TOTAL $ 88,220.00 STAGE B Storm s /(including culverts, gabion construction, etc.) (90%) $ 36,040.00 Roads $ NIL ��Rau9h Grading $ 8,200.00 Streetlighting $ NIL Engineering and contingencies (10%) $ 4,425.00 STAGE B TOTAL $ 48,665.00 STAGE C Storm sewers (including culverts, gabion construction, etc.) (90%) $ 39,590.00 Roads (including fine grading, granular base, base asphalt) $ 100,560.00 Rough grading $ 6,950.00 St3�eetlighting $ NIL Engineering and contingencies (10%) $ 14,710.00 STAGE C TOTAL $ 161,81.0.00 TOTAL WORK CWLETED TO DATE $ 298,695.00 original value of letter of credit $ 652,256.00 Less Hydro adjustwnt $ 79,900.00 j Adjusted original letter of credit $ 572,356.00 Work am pleted to date $ 298,695.00 Work to be canpleted $ 273,661.00 + 10% of work Clete $ 29,869.00 NEW VALUE OF LEITER OF CREDIT $ 303,530.00 .. . t. ,r .. .• ;: n ..I PI_A w OF suHDfvfsl ON OF---- - --- -— - - -',_, - -- //60 PART OF LOT 11 , CONCESSION 3 �j 1 I(•I.M(HI\ IN l q( 1()w,sw1• of (,AN;nr(.>nv I ,_•_, •, _ _ TOWN OF NEWCASTLE / REGIONAL MUNICIPALITY OF DURHAM qp Et CCK / •n.y,ta ,,ar '�• � •r5,�•( � s ••- '\\. > 1.DO�'—_—� r ___u.o. sf •�.. ..v--' ....... 14 It: 15 rR ^ : 19_ / AN yy — \ • Ib 17 f •F - f - — - - -- — \ 18 S DETAIL A' / - �'. \- s 'v• T, `rl . - ti r'r ••« 9 _ i DETAIL •8• •r s r..r, 28 • 4: 'r 027 - 1 f� _ •�. .�Jai° <.h„ :,,�.,m.<{°•`. ,',t,.c ;--,r� .�j ,—fit � 32 =r k • �'y,ot .�g _q° SURVEYOR'S CERTIFICATE o '1 k- i 36 a' 35 F 34 s ; OWNER'S CERTIFICATE �p Cz a; V � .. 4 � . '_•1 bid...•yn a .r >-.rt• .,.. . � ..<. _ 1 ,•3 �� •r � � +'f ,rJTT [ti[••'t•S[t l..,T[0 44 45 '` 46 "s�Q 3 NoiES'— .— --,— z 41 - 42 8 BLOCK <7 ~�• •o. _....'r . n•u'eo a ,.,...__,__„ ...< _ i .a..�.....ri .. ..._ c.._., ..••1% 'C R-TLS `3 •s •>•v .f `7 r Anton Kil cs L(Ir,.1t-1 POP. _ -t�r R,10 P L TA AS_�oF_40KE t la Anton Kikas Limited Consulting Engineers Ontario Land Surveyors—Planners 2028 Avenue Huad. iurunlu MSM 4A4 Tel 489-1991 February 8, 1982 Our File: 183E-'78 Town of Newcastle Municipal Offices Hampton, Ontario LOB 1J0 Attn: Mr. D. T. Gray, C.E.T. Re: Letter of Credit Reduction Rills of Liberty North Subdivision Town of Newcastle Dear Sir: Further to our recent meeting we enclose herewith our revised request for reduction in the value of the letter of credit held and our certificate that the services for which a reduction is requested are satisfactorily ccxpleted. We have reduced the Hydro component of the original letter of credit to the amount of the streetlighting since the balance of the Hydro work is covered by separate agreement and letter of credit with Ontario Hydro: The estimated costs for streetlighting are as follows: Stage A $ 10,750.00 Stage B 15,050.00 Stage C 12,900.00 In view of the fact that the streetlighting is such a totally separate item from the roads and stow drainage, we ask your consideration be given to providing a separate maintenance for the streetlighting. Please call us if you wish to discuss it further. 2 1982® ASSOCIATION FEB 15 OF CONSULTING ENGINEERS OF CANADA Consulting Engineers T0�''r, 4 OF E -- `,STLE Of OntOnO .. . . Page 2 Your quick processing of this will be greatly appreciated. We confirm that our client has prepaid a lump sum to the Town to cover administration and inspection, and therefore the Region invoice No. 033086 to the Town for inspection services Would not be an additional charge to our client but would be covered by this prepayment. Yours truly, ANI' N KIKAS T,TNf= J. A. Stewart, P. Eng. Manager - Engineering Division JAS/b1s Encl. cc. - East Woodbridge Developnezts Ltd. (encl.) ginAnton Kikas Limited Consulting Engineers Ontario Land Surveyors—Planners 2028 Avenue Road Toronto M5M 4A4 Tel 489-1 991 February 8, 1982 Our File: 183E-78 Town of Newcastle Municipal Offices Hampton, Ontario LOB 1J0 Attn: Mr. D. T. Gray, C.E.T. Re: Rills of Liberty North Subdivision Plan M-749 Town of Newcastle Dear Sir: We hereby certify that the stow drainage works and roadworks installed to date in this development have been constructed in accordance with the approved Engineering Drawings and the Tawas of Newcastle standards and specifications. Yours truly, NTW- KAS IMUWM J. A. Stewart, P. Eng. Manager - Engineering Division JAS/bls cc. - EaSt Woodbridge Developments Ltd. ASSOCIATION OF CONSULTING ENGINEERS OF CANADA COnsultln9 Engneers Of Cntorq