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NORTHPORT 3RD ADDITION Time of Performance: October 31, 2021
<br />DEVELOPMENT AGREEMENT AMOUNTS
<br />CATEGORY CONSTRUCTION 125% REMARKS #1 #2 #3 #4 #5 #6
<br />Grading NA NA Included in Phase 1
<br />Sanitary Sewer $215,014 $268,768 100%$201,576 $67,192
<br />Watermain $210,346 $262,933 100%$197,199 $65,733
<br />Storm Sewer (w/pond structures) $232,695 $290,869 100%$145,434 $72,717 $72,717
<br />Streets + Sidewalks $458,706 $573,383 100%$286,691 $143,346 $143,346
<br />Bituminous Trails $15,723 $19,654 100%$14,740 $4,913
<br />Surface Water Facilities NA NA Included in Phase 1
<br />Street Lighting $40,000 $50,000 100%$37,500 $12,500
<br />Street Signs and Traffic Control Signs $4,098 $5,123 100%$3,842 $1,281
<br />Private Utilities (electricity, natural gas, telephone, and cable)
<br />Landscaping $43,500 $54,375 75%$40,781
<br />Tree Preservation and Restoration NA NA
<br />Wetland Mitigation and Buffers NA NA
<br />Monuments $4,100 $5,125 100%$3,844 $1,281
<br />Erosion Control $10,000 $12,500 100%$9,375 $3,125
<br />Miscellaneous Facilities NA NA
<br />Record Drawings $10,000 $12,500 100%$9,375 $3,125
<br />TOTALS $1,244,182 $1,555,228 RELEASED AMOUNTS:$830,901 $40,781 $427,664 $242,288 $0 $0
<br />CUMMULATIVE AMOUNTS:$830,901 $871,682 $1,299,346 $1,541,634
<br />SECURITY AMOUNT REMAINING:$724,327 $683,546 $255,882 $13,594
<br />DATE:1/4/2022 12/5/2023 1/16/2024 6/3/2025
<br />REDUCTIONS
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