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NORTHPORT 3RD ADDITION Time of Performance: October 31, 2021DEVELOPMENT AGREEMENT AMOUNTSCATEGORY CONSTRUCTION 125% REMARKS #1 #2 #3 #4 #5 #6Grading NA NAIncluded in Phase 1Sanitary Sewer $215,014 $268,768100%$201,576 $67,192Watermain $210,346 $262,933100%$197,199 $65,733Storm Sewer (w/pond structures) $232,695 $290,86975%$145,434 $72,717Streets + Sidewalks $458,706 $573,38375%$286,691 $143,346Bituminous Trails $15,723 $19,65475%$14,740Surface Water Facilities NA NAIncluded in Phase 1Street Lighting $40,000 $50,00075%$37,500Street Signs and Traffic Control Signs $4,098 $5,12375%$3,842Private Utilities (electricity, natural gas, telephone, and cable)Landscaping $43,500 $54,37575%$40,781Tree Preservation and Restoration NA NAWetland Mitigation and Buffers NA NAMonuments $4,100 $5,12575%$3,844Erosion Control $10,000 $12,50075%$9,375Miscellaneous Facilities NA NARecord Drawings $10,000 $12,50075%$9,375TOTALS $1,244,182 $1,555,228RELEASED AMOUNTS:$830,901 $40,781 $427,664 $0 $0 $0CUMMULATIVE AMOUNTS:$830,901 $871,682 $1,299,346SECURITY AMOUNT REMAINING:$724,327 $683,546 $255,882DATE:1/4/2022 12/5/2023 1/16/2024REDUCTIONS
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