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TKDA <br />ENGINEERS • ARCHITECTS • PLANNERS <br />MEMORANDUM <br />To: Kelli Matzek Reference: <br />Copies To: Todd Erickson, P. E. <br />Sharon Lumby <br />From: Thomas D. Prew, P.E. <br />Date: December 14. 2006 <br />Project No. <br />Routing: <br />y- <br />1500 Piper Jaffray Plaza — <br />444 Cedar Street <br />Saint Paul, MN 55101-2140 <br />(651)292-4400 <br />(651)292-0083 Fax <br />www.tkda.com <br />Escrow Reduction #4 <br />Sanctuary <br />City of Lake Elmo, Minnesota <br />13267.000 <br />An escrow reduction has been requested for the drainfield work completed. <br />I would recommend that escrow be reduced to the amounts listed below: <br />Item <br />Original Amount <br />Work Remaining <br />Site Grading/ Turf Establishment <br />$0.00 <br />$0.00 <br />Storm Sewer <br />$285.209.00 <br />$5,000.00 <br />Sanitary Sewer <br />$132.468.00 <br />$5,000.00 <br />Drainfield <br />$775,000.00 <br />$50,000.00 <br />Watermain <br />$510,339.00 <br />$5,000.00 <br />Streets <br />$488,948.00 <br />$5,000.00 <br />Street Signs <br />$1,000.00 <br />$1,000.00 <br />Landscaping <br />$110,000.00 <br />$110,000.00 <br />Subtotal <br />125% Security <br />$2,302,964.00 $181,000.00 <br />$2,878,705.00 $226,250.00 <br />An Employee Owned Company Promoting Affirmative Action and Equal Opportunity <br />