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November 8, 2006 CCP
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November 8, 2006 CCP
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TKDA <br />ENGINEERS • ARCHITECTS • PLANNERS <br />MEMORANDUM <br />To: <br />Chuck Dillerud <br />Copies To: <br />St. Croix Farms LLC <br />From: <br />Thomas D. Prew, P.E. <br />Date: <br />November 1, 2006 <br />1500 PiperlJaffray 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 />Reference: Escrow Reduction <br />Tapestry <br />City of Lake Elmo, Minnesota <br />Project No. 13267.000 <br />Routing: <br />Final paving is complete at Tapestry. The developer is completing final punch list items <br />1 would recommend that escrow be reduced to the amounts listed below: <br />Item Original Amount Work Remaining <br />Site Grading/ Turf Establishment $10,000.00 $2,000.00 <br />Storm Sewer $10,000.00 $2,000.00 <br />Sanitary Sewer and Drainfield $767,900.00 $2,000.00 <br />Watermain $489,300.00 $2,000.00 <br />Streets $645,530.00 $5,000.00 <br />Street Signs $1.000.00 $0.00 <br />Landscaping $100,500.00 $0.00 <br />Subtotal $2,024,230.00 $13,000.00 <br />125% Security $2,530,287.50 $161,250.00 <br />An Employee Owned Company Promoting Affirmative Action and Equal Opportunity <br />
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