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
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PART OF LOT 11 , CONCESSION 3 �j
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`7 r Anton Kil cs L(Ir,.1t-1
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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