HomeMy WebLinkAboutConsent 2024-02 Second Partial Collateral Release Fox Hollow PUD_File No. PDF-9042-2019DocuSign Envelope ID: 175AOF87-5756-4B29-AB20-2596EF2BF529
BOARD OF COUNTY COMNIISSIONERS
COUNTY OF EAGLE, STATE OF COLORADO
CONSENT NO.2024 - 02
AUTHORIZING SECOND PARTIAL RELEASE OF COLLATERAL FOR FOX
HOLLOW PLANNED UNIT DEVELOPMENT
FILE NO. PDF-9042-2019
WHEREAS, pursuant to C.R.S. § 30-28-137, the Board of County Commissioners of
the County of Eagle, State of Colorado (the "County") entered into a Subdivision and Off -Site
Improvement Agreement dated December 17, 2019 (the "SIA") with Murray Road Property,
LLC, a Colorado limited liability company for the Fox Hollow Planned Unit Development
("Fox Hollow PUD"); and
WHEREAS, on July 19, 2022, the County approved the First Amendment to the SIA
between the County and BGV Edwards, LLC, a Colorado limited liability company which
purchased certain property located within the Fox Hollow PUD ("Subdivider"), to revise cost
estimates for the Subdivision Improvements and Landscape Improvements and to include a
revised construction schedule; and
WHEREAS, Subdivider provided collateral in the form of two irrevocable letters of
credit in the amounts of $2,376,006.76, which represented 100% of the estimated cost of the
Subdivision Improvements, and $325,149.24 which represents 125% of the estimated cost of
the Landscape Improvements associated with the Fox Hollow PUD; and
WHEREAS, pursuant to Eagle County Consent No. 2024-01, the County authorized a
first partial release of collateral in the amount of $1,203,452.30, thereby reducing the total
collateral held by the County to $1,497,703.70; and
WHEREAS, Subdivider has represented to the County that certain Subdivision and
Off -Site Improvements required under the SIA have been completed and the Subdivider has
applied for a second partial release of collateral for the Fox Hollow PUD; and
WHEREAS, based upon the written recommendations of the County Engineer set forth
in Exhibit A and supporting documentation attached at Exhibits B — E, attached hereto and
incorporated herein, and the recommendation of the County Attorney, THE COUNTY FINDS
that certain Subdivision Improvements associated with The Fox Hollow PUD appear to be
completed as of June 13, 2024, and a partial reduction in the collateral is warranted; and
WHEREAS, pursuant to Resolution 95-35, the Chair of the Board of County
Commissioners, or in his absence, the Chairman Pro Tern, has the authority to approve partial
releases once the release has been recommended for approval by the County Attorney; and.
WHEREAS, based upon the recommendation of the County Engineer attached, hereto as
Eagle County, CO
Regina O'Brien
Pgs: 18
REC: $0.00
DOC: $0.00
202406998
06/26/2024
12:03:42 PM
DocuSign Envelope ID: 175AOF87-5756-4B29-AB20-2596EF2BF529
Exhibit A, and the recommendation of the County Attorney, THE COUNTY .FINDS that a
second partial release is warranted.
NOW, THEREFORE, BE IT AUTHORIZED BY THE COUNTY OF EAGLE, STATE OF
COLORADO:
THAT, based on the recommendation of the County Engineer and the County
Attorney, the Chair of the Board authorizes this second partial release of collateral in the ,
amount of $823,311.50, thereby reducing the required collateral to $674,392.20, which
represents the estimated cost of the remaining Subdivision and Off -Site Improvements for the
Fox Hollow PUD; and
THAT, this partial release of collateral does not represent the County's acceptance of
the work purportedly completed by the Subdivider; and
THAT, this partial release of collateral does not commence the warranty period under
the SIA; and
THAT, this partial release of collateral shall not in any way abrogate the rights of the
County in enforcing the Subdivider's performance of its outstanding obligations under the
SIA; and
THAT, this partial release is contingent upon the Subdivider substituting collateral in a
form acceptable to the County Attorney.
[Remainder of page left intentionally blank]
2
DocuSign Envelope ID: 175AOF67-5756-4B29-AB20-2596EF2BF529
APPROVED by the Chair of the Board of County Commissioners of the County of
Eagle, State of Colorado, pursuant to Eagle County Resolution 95-35, this day 26th of
rune .2024.
COUNTY OF EAGLE, STATE OF
COLORADO, by and Through Its
CHAIR TO THE BOARD OF COUNTY
COMMISSIONERS
Signed by Docu:
By. SCLtw
Matt Sc err, Chair
EAGLE COUNTY ATTORNEY
C
Docusigned by:
04AV
By i&l6S. 5E9E3ed ig...
Beth Oliver, County Attorney
EAGLE COUNTY ENGINEER
DocuSignetl by -
By: nSCdD)f.Hne'lea](
Ben Gerdes, County Engineer
DocuSign Envelope ID: 175AOF87-5756-4B29-AB20-2596EF2BF529
EXHIBIT A
ENGINEERING DEPARTMENT MEMORANDUM
DocuSign Envelope ID: 175AOF87-57564B29-AB20-2596EF2BF529
Engineering
PO Box 850
500 Broadway
Eagle, CO 81631
C40 970-328-3560
EAGLE COUNTY www.eaglecounty.us
MEMORANDUM
EAGLE COUNTY ENGINEERING
TO: Tracy Stowell, Eagle County Attorney's Office
FROM: Rickie Davies, Engineering Department
DATE: June 14, 2024
RE: Subdivision Improvements Agreement, Fox Hollow
Eagle County File No. PDF-009042-2023
Authorization of the Second Partial Collateral Release
A written email request to reduce the Fox Hollow SIA collateral was received from Cody O'Kelly
with OCG, a General Contracting firm, on June 11, 2024, Exhibit B. An onsite inspection of the
Fox Hollow SIA work was performed on June 13, 2024.
The original amount from the signed Subdivision and Off -Site Improvements Agreement was:
Public Improvements $2,376,006.76
Landscaping $ 260,119.39
25%of Total Landscaping $ 65,029.85
Total Collateral $2,701,156.00
The first partial collateral release was approved on January 15, 2024 in the amount of
$1,203,452.30
Total Collateral Amount $2,701,156.00
First Partial Collateral Release S1.203.452.30
Remaining Collateral $1,497,703.70
The Eagle County Engineering Department performed an inspection confirming the amount of
work completed on June 13, 2024. Construction items were checked for completion as listed on
the attached Exhibit C prepared by Alpine Engineering and OCG. The items requested for
reduction were found to be constructed and completed in a satisfactory manner. The Eagle
County Engineering Department recommends a reduction of the collateral in the amount of
$823,311.50 from the remaining collateral of $1,497,703.70. This will leave a balance of
$674,392.20 total collateral remaining.
DocuSign Envelope ID: 175AOF87-5756-4B29-AB20-2596EF2BF529
Remaining Collateral Amount $1,497,703.70
Second Partial Collateral Release $ 823,311.50
Remaining Collateral $ 674,392.20
This reduction does not start the warranty period.
cc: Ben Gerdes, County Engineer
Beth Oliver, Deputy County Attorney
Cody O'Kelly, OCG
Allan Arnason, OCG
Graham Frank
Attachments:
Exhibit B - Collateral Release Request Email
Exhibit C - SIA Cost Estimate
Exhibit D - Summary of Collateral Release
Exhibit E - Site Photos
DocuSign Envelope ID: 175AOF87-5756-4B29-AB20-2596EF2BF529
EXHIBIT B
COLLATERAL RELEASE REQUEST EMAIL
5
L
Sign Envelope ID: 175AOF87-57564B29-AB20-2596EF2BF529
EAGLE COUNTY Richard Davies <richard.davies@eaglecounty.us
M Fox Hollow SIA request for 2nd partial release
messages
:ody O'Kelly <cody@ocgdesignmanage.com> Tue, Jun 11, 2024 at 6:13 Al
o: Richard Davies <richard.davies@eaglecounty.us>
:c: "gfrank@breckenridgegrandvacations.com" <gfrank@breckenridgegrandvacations.com>, Allan Arneson
allan@ocgdesignma nage.com>
Good morning Ricky,
Thanks for all the support of the project so far, we are ready to request our 2nd partial release, can you please review
the attached spreadsheet and let us know when you can come by to review? I created a 2nd tab with new columns for
this request, but in summary we are requesting an additional 35% or $823,311.50 be released, bringing the total released
to 86%. We are on track to have the remaining work completed including landscaping by the end of July.
Appreciate the help getting this resolved quickly and please let us know of any questions as you review.
Take care
Cody
O C G: design. construct. manage.
Cody O' Kelly principal
cody@ocgdesignmanage.com
970.470.9139
www.ocgdesignmanage.com
DocuSign Envelope ID: 175AOF87-5756-4B29-AB20-2596EF2BF529
500 Broadway
Eagle, CO 81631
Work Phone: 970.328.3567
Cell Phone: 414.397.1457
Email: richard.davies@eaglecounty.us
2 attachments
Consent 2024-01 Fox Hollow PUD First Partial Release - Signed and Executed.pdf
3879K
im SIA Cost Estimate -AEI- Fox Hollowxlsx
132K
(chard Davies <richard.davies@eaglecounty.us> Wed, Jun 12, 2024 at 1:20 PI
b: Cody O'Kelly <cody@ocgdesignmanage.com>
:c: "gfrank@breckenridgegrandvacations.com" <gfrank@breckenridgegrandvacations.com>, Allan Arneson
alla n@ocgd esig n m an age. com>
Hey Cody,
I can do a walk through with you tomorrow or Friday. Around 11:00 am would work best for me. Let me know your
availability. I will get working on the documentation.
[Quoted text hidden]
DocuSign Envelope ID: 175AOF87-5756-4B29-AB20-2596EF2BF529
EXHIBIT C
SIA COST ESTIMATE
DocuSian Envelope ID: 175AOF87-5756-4B29-AB20-2596EF2BF529
FOX HOLLOW
Ate;
Opinion of Probable Costs -MODIFIED FOR SIA RELEASE
�7G
October 12, 2020 - SIA RELEASE MODS 11.29.2311
emcwcer,wr. ��ir
11.29.13
tt.29.23
11.29.2]
6.10.24
6.10.24
11.29.23
It..
0escdpllon
Quantity
Unit
Unit
Total
%
Requastetl
Revisetl
%
Requested
Notes
Price
Complete
Amount
Balance
lCompletal
Amount
1 General Conditions (see below)
2 Demolition _
2.1 Miscellaneous
LS
$000
1
$0.01
22 Curb B Gutter (Fox Hallow)
150
LF
$11,00
$1650000
100%1
$1,650.001
$0.00
0%
$0.00 Complete
2.3 Curb B Gwter(Refgious CenieO
45
LF
$11,00
_ $495.00
100%
$495.00
$0_00
0%
$0.00 Complete
2.4 Side.aalk
150
LF
S1100
$1650.00
100%
$1.650,00
$0.00
0%
$0.00 Complete
2.5 Concrete (Hey 6)
35
LF
$11.00
$38500
100%
$385.00
$0.00
0%
_. $0.00 Complete
_Pan
2.6 Concrete Pan (Fox Hollow)
So
LF
$11.00
_ $55000
100%
S550.00
$0_00
0%
$0.00 Complete
27 Asphalt (Hey 6)
84
SF
5800
567200
100%
$672.00
$O.OD
0%
-_ So.00 Complete _
2.8 Asphalt (Fox Hall
155
SF
$8.00
$1.24000
100%
S1,240.00
$0.00
0%
- $am Complete
Zi, Asphalt(Munay)
3.350
SF
$600
$20.10000
100%
S20.100.00
$00U
0%
ii Complete
2,10 Gravel Entrance
1.100
SF
S275
$3,025.00
100%
$3.025.00
$000
0%
SUM Complete
2.11 Ex. Water Well per Stale of GO Regulations
1
EACH
S2.50000
52.50000
100%
$2,500.00
$0.00
0%
$000 Complete _
_Cap
2.12 Sawout Asphalt
261
LF
$5.00
$1,255.00
100%
S1,25500
50.00
0%
S000 Complete
2,13 Remove and Dispose of Sanitary Sewer
99
LF
_
$2800
$2,77200
100%
$2,772.00
$0.00
0%
+ S000 Complete
2.14 Remove and Dispose of Sewer Servicagoleanouls
1
EACH
$1,60000
$1,600.00
100%,
$1,600.00
$D.00
0%
$0,00 Complete _
2.15 Abandon Sanitary Sewer Manhole - Plug
1
EACH
$1,20000
S1,20000
_ 100%1
$1200.00
$0.00
0%
$0.o0 +I _ _ Complete
2,16 Abandon Water Services, cap at main
2
EACH
$1,800.00
$3.60000
100%
$3.60000
$0.00
0%
$0,001 Complete
9 u0lity services)
gStom
1
LS
S2$500�
100%
$2$820,00
0/
�Complete _
_
22,171 18 Cone Exstindudin
�Conc ere from E isling Structure
164
_
SF _
_
$500
582000
100%,
$820 00
$000
$0 00
o/
$0.00
80.00 _ _ Complete
219 Fence
161
LF
82000
$500
$80500
100%
$805.00
$000
_ 0/
$0.00 Complete
_
2 20 Remo ,Se a Serviceat Main
4
EACH'
$1,200.00
$4.80000
100%
$4,800.00
$000
0/
$0.00 _ Complete
_
2.21 Existing 18' OMP to be removed
74
LF
$32.00
$2,355,20
100%
$2,355.20
$0.00
0%
$0_00 Complete
Subtotal -Demolition
$71,474.20
$71,474.20
$0.00
$0.00
3 Earthwork
3.1 Topsoil
_
_
EStrip,Sk¢kp3e,ReSpreadf6')(O%dw.. W)
158
CY
$12.00
$1.860.00
1C0%_
$1,89600
$0.00
Carlow._
32 Import
5.533
CY
$9.00
$49,797.00
0
$M,81L30
S4979.70
10%
S4,979.70Complete
3.3 Expod Hm-site cut)
5,600
_
CY
$8.00
$44,800.00
9l
Sd0,32000
54,480.00
10%
S4,480.00_Compbia
34 In -Place Embankmentlpwm4.ins quektmlxw-Ei ) _
11.133
_ CY$7.00
$77,931.00_
_ 90%,
$70.137.90
$7,793.1D
10%
$7793,10 Complete
3S Structural Retaining Wall _
_
0%
$0.00
E Boulder Wal(height varies, we plans)
962
LF
S112.00
1 $107,7C4.00
75%
S80.808_00_
$26,936.00
20%
I-
$21,5ilBS0 _ Majority of work complete
3.6 Subgrade Preparetbn
----
iRoads (CBGand Pans Induced)
47,113
SF
$075
S35,33475
15/
$5300.21
$30.034,54
70%
$24734.33 Mitimity ofwork complete
it Drives
8,972
SF
$075
$6.72900 10%
$672.90
$6056.10
65/
$4373.85 Maloiry of work complete
37 Final Grade of Roads
1
LS
$5,75000
$5.75000
0%
$0.00
$5750.00
75
$4312.50 Mai ity.f.irkcomplet.
380 Haul OH if unsuitable material is found)
too
CY
$5000
S5,00000
0%I
$0.001
S5000110
100%
$5.000.00 Majority of work complete
Subtotal - Earthwark
$334,981.75
73%
$243,952.31
$91,029.44
23%
$77,222.28
4.1 Asphalt Paving PG 581
_
E Roadways. Parking Lots (d')
978
TONS
$170.00
$166,24725
$0.00
$166,247.25
50%
$83,123.83 MaJodtyofesse" plete
t Driveways(4')
271
TONS
S170.00
$46,07425
_ $0.00
$46,074.25
75%
$34,S55.69 Majority of work complete
a Murray Rd. (3')Qndudes parking) _
Be
TONS,
$170,00
$13,585.13_
_
$0.00
$13,585.13
100%
S13,585.13 Majority of work complete
c Murray Rd (3")(apace exlsin espha8 if required)
50
TONS
$170,00
$8,526.S6
$000
$8,528.56
0%
$0.00 Majoriy of work complete
e Rec.PaN(3-)
69
TONS,
$170.00
$11,70769
_
$0,00
S11,707.69
_ 0%
$0.00 Majority of work Complete _
4.2 Concrete Paving
_
E Sidewalks (net Nplutling ADA rempareas)
6875
SF
S1175
$80.781.25
10%
$8,078,13
$72,703.13
60%
S48,46875 _Majority of work complete
L Concrete Pans (6'),
4,695
SF$1175
s55.16625
10%
S1.18
$55.165.08
60% _
$33,099.75 Neiority0fworkcomplele
c Mountable Curb(12)
677
LF
$35.00
$23.69500
10%
$3.50
$23,691.50
0%
$0.00 Majorkyor"Mosmplele
i Vial Curb(12' Gutter)
1777
LF
$35.o0
L$62,19500
10%
S350
$6219150
80/
$49,756.00 Majodtyofwarkcomplets,
-- VF eNml Gurb (2d'GutteQ
226
LF
$35.00
$7,91000
10%
$350
47906.so
90/
$7,119.00 _Majority of vmrk complete
ADA Ramps-10'esh a
1
EACH
$800.00
$80000
10%.
$80.00
$72000 _
80/
$640.00 Maj^ of wade complete
ADA Ramp -12.6 radius
3
EACH
$800.00
1 $2,400.00
10%
S80.00
$2,320.00
80%
$1,920.00 Majority of work complete
ADA Ram-15'radlus
1
EACH
S1.200_00
$120000
10%
$120.00
S1080.00
80/
8960.00 Majodtyafworkcomplele
_
C ADA Ramp. 20' radius(one 18.51
a
EACH
$1,200.00
$9,60000
10%
$120.00
$9480.00
80/
$7,680.00 Majority of work com plate
Remp-mitlbbck
9
EACH.
$800.00
ID%
$6D.DD
$7120.00
80%
$5)6o.Op Majority at work complete
_QADA
4.3 _ Class 6 Read Base (6') (includes additional 10%)
_ _$7,200001
z1V Class 6 Road Base (Roads and Parking Lots)
1.506
'ITONS $38.00
$57.228_17
$0,001
$57 228.17
70%
$40,059.72 Majority of work complete
_
k 6" Class 6 Road Base (Drivewaysi
417
TONS
(TONS,
_
$3800
$15.860.38
$0.00
$15,860,38
75%
$11,895.29 !Majority of work complete
18" Class6Road Base(Murra Rd.
219
$38.00
$Coo
$8.313.74
50%
S4,156.87 Majority of work complete
c 6" Class 6 Road Base(C&G)
150
TONS $38.00
_$8.31374
$5,717_40
$0.00
$6,717.40
90%
$5,145.66 _ Majority of work complete
4' Class 6 Road Base(Sidewalks)
265
TONS $38.00
1. $10,05813
$0,00
$10,058,13
80%
S8,046SO Majority ofwork complete _
_t
I6-Clasx 6 Road Base (Pan)
181
TONS $38.00
$6,86879
S0.00
$6,868.79_
75%
$5,151.59 Majority of workcomplele. _
a 4' Class 6 Road Base (Ramps)
32
TONS $38.00
$122092
S0.00
51,228.92
100/
$1,228.92 _Majority, 0fteork complete_ _
t 6- Class 6 Road Base (Rep. Path)
141
TONS $38,00
$5,373.60
S000
$5.373.60
509A__S2,686.80
Majority of work complete _
i6'Class 6 Road Base (Rep. Path, Gruber Property)
31
TONS S38.00
S1.170.40
SOOO
S1,1_70.40
0%
$0.00 Majority of work complete
4 d Sbeel Signs
_
E With Post _
20
EACH
S350.00
$7,0.00.00
$0.00
$7,00040
0%
_$0.00 Majority of work complete
451 Pavement Marking (All
Shiping(4")
590
LF
S4.00
5$360.00
$0.00
S2360.00
35%
$826.00 Major6yofenorkeompiete
Islands (including- ADA islands)
5
EACH
S500.00
$2.500.00
5oco
5250000
35 a
$875.00 Majoriyfwo ork complete _
Anows _ _1.
5
EACH $1o000
$3,500.00
$0.00
$3,50000
35%
$1,225.00 Majodtyolwork complete _
_
Cross walk BakefHeridex5'long)
44
EACH
$3 00.00
S13.20000
$0.00
$13,200.00
35°6
0.0 $4,620 Majority of work complete
Sto Bar
I 2
EACH $300.00
_
$600.00
$0.00
$600.00
35%
$210.00 Majority of work complete
Docol Envelope ID: 175AOF87-5756-4B29-AB20-2596EF2BF529
FOX HOLLOW
'°;
Opinion of Probable Costs -MODIFIED FOR SIA RELEASE
/6�C
October 12, 2020 - SIA RELEASE MODS 11.29.23
11.29.23
11,29.23
11.29.23
61014
6.10.24
11.29.23
Quantity
Unit
Unit
Total
%
Requested
Revised
°/
Requ I d
Notes
Price
Complat
Amount
Balance
Complete
Amount
-,79.23
%ADAparking _ _
6 _[EACH
$300.00
S1,80000
SUM
$1,800.00
35°..
S63000
6lalorlty of Work complete
4.6 !I Ennrgenq Access
SBollarda
3
EACH
$90000
S2.700.00
$0.00
$2, 700.00
01/1
so 00
Niel ority of work complete
LIMIscellanaaus
LS
52.20C 00
52, 20o D0
$000
$2.200 to
0 -
50.00
rdriorily of%%ork complete
Subtotal - Roadwa Construction
S644,767.90
1%
$8,569,80
$636,198.10
58%
$373,425.29
5.1 DIP Water Main
a firlathtracer wire)
422
LF
$15200
S64.144D0
100%
E64,144.00
f0.00
$0.00
Complete
_
6"(wintracer wag
10
LF
$147.00
S1470.00
t00%
$1,4]0.00
E0.00
S0.00
Complete
5.2 Fire Hydrant Assereblywl6' Valve
1
EACH
$6455,00
S6.45500
100%_
_ $6.455,00_
$0.00
$000
Complete
5.3 Gale Valves
_
S000
i 4'
13
EACH
$2.200.00
S28,600.00
100%
$28.600.00
$0.00
$0.00
Complete
_
t8-
2
EACH
S2,800,00
$5,600.00
100%
_ $_5,600.00
$0.00
$0.00
Complete
5A Tap Ex. Water MelnwiNPSaddle
3
EACH
$1,200.00
$3.600.00
100%
$3.600.00
S0.00
_
_ $0.00
Complete
5S 4' DIP Water Services
1,096
LF
$135.00
$147,960.00
100%
S147,96000
90.00
$0.00
Compble
5.6 Teas
$0.00
_
s B'xWx4'
10
EACH
$1,800.00
$18,00000
100%
$18,000.00
$oA0
$0.00
Complete
8'x8'x6'
1
EACH
$1,800.00
_ $1,800.00
100%
$1,800.00
$0.00
50.00
Complete
x�c 8'
1
EACH
$1,80000
$1,80000
100%
$1,800.00
$0.00
$0.00
Complete
57 'Bends
$0.00
___
4".45deg - -
12
EACH
S1,600.0
$- $19,200.00
100%
$19,200,00
$0,00
_
_ so.00
Complete
18--45 dog
8
EACH
51,600.00
S12,80000
100%
$12,800,00
50,00
5000
Complete_
5.8 Asphalt cut &repair
790
SF
S22.00
$17,38000
100%,
517.390.00
$0.00
$000
Complete
Subtotal -Domestic Water
$328.809.00
$328.809.00
$0.00
$0.00
6 Sanitary Sewer
6.1 8" OUR 26 PVC Sewer Main (w/ tracer vine)
586
LF
5102.00
$59,77200
100%
$59772.00
$000
0%
1 $0.00
Complete
6.2 Standard Sanitary Sewer Manholes -4It Dia.
3
EACH
$5,800.00
$1740000
100%
$17,400.00
$0.00
0%
$0.00
Complete _
63 Tle into Existing Manhole(Hwy6)
I
EACH
5420)GO
$4,200,00
100%
$4,200.00
50.00
0%
oo
Complete_
64 6" PVC Sewer Service and tap saddle
65 ..G'Sewercieanou(
512
13
LF
EACH
S9200
51,80000
$47,10400
$2340000
100%
100%
$47, INGO
$23,400.00
$0.00
5000
0%
0%
$000
§000
Complete
Compote
6.6 Raise existing manhole rim
2
EACH
S1,13000
$2,200.001
100%
$2,200,00
$0,00
0/
$0.00
Complete
6.7 Lower existing manhole rim
1
EACH
$1,10000
$1,10000
100%
$1.10000
$0.00
0/
$0.00
Complete
68 Asphalt cut &repar
170
SF
$2200
$3,740.00
100%
$3.74000
$000
0%
$0.00
Complete
Subtotal -Sanitary Sewer
$158.916.00
$158,9loo0
$0.00
$0.00
7 '
7.1 j Stonn Sewer Manhole
. 40'Stonn Sewer Vault -�_
EACH
'
35%
$5,040.00
$9,360.00
557.
$7,920.00
Majoriry of work complete
] 2 Inlets
�_
_$14,400,00
.
_
:2'x3'curb otl) Inlet curb ho
1
EACH!
$5,20000
_ $5,200.00
35%
$1,820.00 $3,380.00
55/
52860.00
Ma)orlty of work wmplete
t 2'x3' valley Inlet
7
EACH,
$4,60000
$32,200,00
35%
$11,270.00
$20,930.00
55/
$17,710.00Majonty
of wnne complete
t IF Nyloplast inlet will solid cover
1
EACH'
S2,400.00
$2,400.00-_
35%
$840,00�
$1.560.00
55%
$1,320.001
Majontylalwarl, complete
7.3 HDPEStorm Sewsr_
e 18-
711
LF
$85,00
$60.435.00 _
35%
$21.152.25
$39,282.75
55%
$33,239.25
Majority of work complete
t 12'
203
U
S7900
$16.037.00
35%
$5,612.95
$10,424.05
55%
$8.820.35
Majorilyofwmkcomplete
74 RCP Storm Sewer
18'RCIP _
18
LF-_$22400
$4.032.00_
35%
$1,411,20,
$2,620,80
55/
$2,217.60
Majority of work complete
7.5 PVC; Stan Sewer
6' PVC:for rest downspout connection
766
LF
$78.00 !
$59,748.00
35%
$20.911.80
S38.83620
55/
S32,861.40
Majotltyolwgkcomplete
I W gelid PVC
20
LF
S85.00
$1.700.00
35%
$595.00
$1105.00
55%
S935.00
Majoflly of work complete
c8'Perforated PVC _
40
LF_
$80.00
_ $3.200.00
35%,
$L12000
S2.08000
55%
$1,760.00
Majority of work complete
7.6 Flaretl End Sectlon(FES)
r 18'RCP
1
EACH
S1,800.00
$1,8m.00
35%
$630.00
$1.170.00
55%
$990.00
Majoriyarearkeumplele
7.7 PVC Elbow Connection
e 6' elbow
19
EACH
$245.00
$4,655.00
35%
$1,629.25
$3.025.75
55%
$2,560.25
Majority ofelork complete
7.8 Tees
z 16'x6' Insmb Tea
3
H
EAC5.00_
545 1
$1,365.00
31
S477.75
$887.25
55%
$750.75
_Majority _of work complete
t 12'x6' Insada Tee
1
EACH
$455.00
f955.00
35%
$159.25
$295.75
55%
$250.25
Majority ofwork complete
7.9 Walkway Chase
I
EACH
S1,200.00
$1,200.00
35%
S420.00
$78000
55%
S660.00
Majority olwork complete
7.WiConcreledrainage pan (Twide)w ill
1
EACH
$3,200.00
$3,200.00
35%
$1,120.00
$2.080.00
55%
$1,760.00
Majority ofwork complete
7.11i Fllbr Trench
1
EACH
$1.400.00
$1,401
35%
$490,00
$910,00
55%
$770.00
Major8y011fworkmmplete
Subtotal - Signs lei
S213427.00
35%
$74,699.45
$138.727.55
55%
$117.384,85
7.1
CentuMink2-PVCTrench&Conduit
1,338
LF
$2480
$32,112.00
50%
S16.056.00
$16,056,00
50%
$16.056.00
Complete_
7.2
Cantu Ink4'Plewcon Trench&Conduit
CentuMlnk Handhole
232
4
LF
EACH
S24.00
$800.00
$6.76800
$3.200.00
50%
50%
S3,39400
$1,60000
S3,384.00
S1,600.00
50%
60%
$3.38400
$1,600.00
Complete
Complete
_
7.3
7.4
Electric Trench&Conduit
111
LF
$24.00
$4.104.00
50%
$2.05200
$2,05200
50%
$2,052,00
_Complete
7.S
Electric Service Trench_&Conduit
1,381
LF
$24.00
$33,144.00
50%
S16, 572.00
S16,572.00
50%
$16,572,00
Complete
7.6
3-Phase Electric Transformer (w72 Junction boxes) 2
Lower splice vault rim 1 1
EACH
EACH
$2,500.00
51,100.00
$5,000.00
$1,100.00
50%
50%
$2, 500.00
5550.00
$2,500.00
$550.00
50%
50%
$2,500.00
$550.00
Compble
Complete
7.7
Subtotal-
Shallow Utilities
$85,428.00
50%
$42,714.00
$42,714.00
50%
$42.714.00
8
Erosion Control
8.111
Erosion Log Wattle
810
LF
$500
$4,050.00,
50%.
S2,025.00
$2,025.00
40%
$1.620.00
Majority ofwork complete
DOCUSIan Envelope ID: 175AOF87-5756-4B29-AB20-2596EF2BF529
FOX HOLLOW
Opinion of Probable Costs -MODIFIED FOR SIA RELEASE
October 12, 2020 - SIA RELEASE MODS 11.29.23
ALRIIi
Er.omaamnc we
Item Descrlption
_8.2Vehicle Tracking Pad
8.3 Sill Sack Inlet Protection
8.4 Beaver Dam Inlet Protection
8.5 Erosion Log Inlet Protection _
e6 Ditch Erosion Logs
Quantity Unit
2 EACH
14 EACH
6 EACH
20 LF
7 EACH
Unit
Price I
$2,400.00
$325.00
$450.00
$16.00
$25,00
Total
$4.8000'd
S4.55000
$2,70000
$320.00
$17500
11.29,23
%
comp
50%
50%
50%
50%
50%
11.29.23
Requested
Amount
$2.4000C
$2.27500
$1.35000
$160.00
$87.50
11.29.23
Revised
Balance
Sal oil, 11_
52.27, 00
$135000
$16000
$8750
6.10.24 1
%
Crimphilikl_-Aintoliji:
40%
40%
40%
40%
40%
6.10.24
Requested
$1,920.00 Me.eftyofwnrkpomplele
S1,820.00 Majonlyofwvrkcomplete
$1,080.00 Majority of wmk complete
$128.00 Malodtyefwnrkcomplete
$70.00 Majority of work complete
Subtotal- Erosion Control
$18595.00
50%
$8,297.50
$0297.50
40%
$6636.00
8 Landscaping QW
I--
9.1 Total Landscaping (by ptber,)
0
LS
S17633900
Soon
$0.00
$000
5000 EXCLUDED FROM SIA AMENDMENTLOC
Subtotal - Landsca In
$0.00
S0.00
$0.00
$0.00
Subtotal Construction Costs
$1.854,398.85
51%
$937,432.26
$916,966.59
33%
$617.384.41
1 General Conditions
1.1 Mobilization, Insurance&Bonds
1.2 Construction Engineering
1.3 Construc9on surveying
1.4 As -Built Dmv4ng Preparation
1.5 'MatedalstestUng&Inspection
1.6 Trafficconb0l
1.7 Canbadwfih HCE
1
I
1
1
1
1
1
%
%
°%
%
%
% _
LS
4.0%
2.0%
2.5%
10%
2.0%
2.0%
$25,000100
_ $83,14290
$41.57145
$51,964,32
$20785,73
$41,57146
$41.57145
$25,00000
51%
51%
51%
51%
51°h
51%
51%
S42402.88
_521,201,44
$26,50180
S10,60072
$21.20144
_ $21,201.44
S12750.00
540, 74002
520,37001
$25.462.52
$10,18501
$20,37001
$20,370.01 _
$12,250.00
39%
39°6
39%
39%
39%
39%
49%
532425.73 Majority of work complete
$16,21287 Majority ofworkeomplate
520,266.08 Majority ofwork complete
SS10643 Majodlyafworksomplete
$16,212.87 Majorl"I' orkcomplele
$16.21287 Majwiryof-ro -Plele
$12,250.00 Completed and paid
Subtotal General Conditions
$305607.30
51%
S155859.72
$149747.58
39%
$121686.85
Total Cost
$2160006.15
$1093291.99 $1068714.17
ET39,071.36
10%of at Cost
1
%
10.0%
I $216,000.61'
51%I
$110, 160.31
S105,840.30
39%
$84,24024
Total Cost w/S.I.A Mark Up
$2,376,006.76
51%$1,203,452.30$1,172,554A7
35%
$823,311.50
DocuSign Envelope ID: 175AOF87-5756-4B29-AB20-2596EF2BF529
EXHIBIT D
SUMMARY OF COLLATERAL RELEASE
VA
DocuSign Envelope ID: 175AOF87-5756-4B29-AB20-2596EF2BF529
FOX HOLLOW PUD SUMMARY OF COLLATERAL RELEASE
Total Public Improvement Collateral
$20376,006.76
10% of Collateral that must be held for 2 years
$237,600.68
Difference
$2,138,406.08
Total Landscape Improvement Estimate
$260,119.39
25% of Total Landscape Improvement Estimate
$65,029.85
Collateral (125% of Landscape Improvement Estimate)
$325,149.24
25% of Collateral that must be held for 2 years
$81,287.31
ateral Amount
$2,701,156.00
tial Collateral Release
$1,203,452.30
maining Collateral after 1st Collateral Request
$1,497,703.70
[Secondartial Collateral Release
$823,311.50
maining Collateral after 2nd Collateral Request
$6740392.20
tial Collateral Release
maining Collateral after 3rd Collateral Request
Collateral Amount to be held'for 2 years (xx/xx/xxxx) $318,887.99
DocuSlgn Envelope ID: 975AOF87-5756-4B29-AB20-2596EF2BF529
EXHIBIT E
SITE PHOTOS
DocuSlgn Envelope ID: 175AOF87-5756-4B29-AB20-2596EF2BF529
Y
l .
■
DocuSign Envelope ID: 175AOF87-5756-4B29-AB20-2596EF2BF529
I
zm
