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HomeMy WebLinkAboutPayment 03-3 Seven Oaks West III #2 Æ . - BAKERSFIELD PUBLIC WORKS DEPARTMENT MEMORANDUM TO: Paul Sheats, Accountant I FROM: òt Marian P. Shaw, Civn Engineer IV . DATE: ~ePtember 27, 2007 SUBJECT: ASSESSMENT DISTRICT NO. 03-3 PAYMENT REQUEST ******************************************************************* The City has received a written application request from the developer that the improvements referenced on the attachment are complete and have been accepted by the City. Documents included contracts, change orders, paid invoices and other documentation establishing the actual amount paid by the developer, thus establishing the Acquisition Price at actual cost. In Addition, the developer has provided the City a Mechanics lien free endorsement as per the requirements of the Acquisition Agreement. Therefor, please find attached the Application for Payment of improvements for Assessment District No. 03-3, the remaining portion of the fees in White Lane Improvements in the Seven Oaks West III Area. Wilson and Associates was retained by the City Public Works Department to review those applications for payment from bond proceeds for this Assessment District. Completed Items as per Exhibit "A" of the Acquisition Agreement: (See attached request). $133,801.83 Send $133,801.83 to: Castle & Cooke California, Inc. 10000 Stockdale Highway, Suite 300 Bakersfield, CA 93311 Attention: Laura Whitaker xc: Nelson Smith, Finance Director Bob SherfYf Deputy City Attorney 03-3reimb1-A.doc prepared Thursday, September 27, 2007 2:11PM Wilson & Associates 7600 North Ingram Avenue, Suite 202 Fresno, California 93711 (559) 436-6644 Fax: (559) 436-6646 September 24, 2007 29655A John Stinson / Marian Shaw Public Works Department City of Bakersfield 1501 Truxtun Avenue Bakersfield, CA 93301 Re: City of Bakersfield Assessment District No. 03-3; Seven Oaks West III Area Acquisition Payment No. I-A Dear John and Marian: As you already know, Wilson & Associates has finished our review process of the three payment requests for the Improvements completed in the Seven Oaks West III Area of Assessment District No. 03-3 ("AD 03-3"), based on Volumes II, III, and IV of the payment requests dated, respectively, August 1,2007, August 21, 2007, and September 6, 2007, submitted by McIntosh & Associates on behalf of Castle & Cooke (the "Applicant"), and the updates received through September 24,2007 (respectively, the "Application No.1," "Application No.2," and "Application No.3"). This letter and recommendation for payment (Payment No. . I-A) pertain to onlv the additional pavment for the White Lane improvements in the Seven Oaks West III ) Area. The original payment request for the White Lane improvements in the Seven Oaks West III Area (described in Exhibit B, Table B-II-B, Item A of the Final Engineer's Report for AD 03-3) has been processed by Wilson & Associates as Payment No.1 pursuant to Application No. I (see our transmittal dated August 29,2007), the payment request for the Allen Road improvements in the Seven Oaks West III Area (described in Exhibit B, Table B-II-B, Item B) has been processed by Wilson & Associates as Payment No.2 pursuant to Application No.2 (see our transmittal dated September 11,2007), and the payment request for the Chamber Boulevard improvements in the Seven Oaks West III Area (described in Exhibit B, Table B-II-B, Items C and D) has been processed by Wilson & Associates as Payment No.3 pursuant to Application No.3 (see our transmittal dated September 24, 2007) . As described on page 3 of the above-referenced September 24 transmittal pertaining to Payment No.3, "The total amount of "savings" in the Chamber Boulevard scope of improvements (both Items C and D in Table B-II-B) is $250,531.94. Together with the total amount of "savings" in the Allen Road scope of improvements of $23,495.79 (processed on September 11, 2007), it amounts to a grand total of savings of $274,027.73 in the Seven Oaks West III Area of AD 03-3. Once... Payment No.3 is processed, all of the Seven Oaks West III Area improvements eligiblefor payment pursuant to the Final Engineer's Reportfor AD 03-3 will have been acquired by the City and paid to the Applicant. Therefore. the above-referenced $274.027.73 is now eligible for use in covering all of the $133.801.83 "overrun" in the costs of the White Lane scope of improvements (processed on August 29. 2007)..." This additional payment is for the items already found eligible for payment at the time Payment No.1 for the Seven Oaks West III Area was processed on August 29,2007. However, at that time they were either not approved for payment or were approved for ) payment at a lesser amount than requested, since payments for other improvements (Items B, C, and D) had . not been previously processed. Now, based on the savings in the total amount paid for all improvements in the Seven Oaks West III Area (pursuant to Payments No.1, No.2, and No.3), this additional Payment No. I-A (in the amount of$133,80 1.83) is approved at this time (for the items already found eligible for payment pursuant to Payment No.1). John Stinson / Marian Shaw September 24, 2007 , Page Two ) Enclosed with this letter is a table entitled "Table 1, Itemized Improvements and Acquisition Costs Approved for Payment No. I-A in Seven Oaks West III Area, City of Bakersfield Assessment District No. 03-3" ("Table I ") that presents an itemized comparison of the cost of improvements to be acquired as they were estimated and shown on said Exhibit B, Table B-II-B of the AD 03-3 Engineer's Report (which is the acquisition amount funded by the AD 03-3 proceedings) to the itemized amount paid by the Applicant for each item of work shown in the Application No.1 and requested for payment by the Applicant. Table 1 also shows in its column entitled "Approved for Payment No. I-A" the amount for each item of work we recommend for payment to the Applicant as the AD 03-3 Acquisition Price under Payment No. I-A for the Seven Oaks West III Area. Since the below-described documents were included with our August 29,2007 transmittal, we are not enclosing the following: (i) a copy of the Applicant's "Application and Certificate for Payment" form, (ii) a copy of Tic or Title "Mechanic's Lien Guarantee," (iii) copies ofthe Applicant's Notices of Completion for all AD 03-3 funded improvements in Tract No. 6223, and (iv) copies of City-issued Notices of Completion , for the AD 03-3 funded improvements in Tract No. 6223 Units 1 through 7. The following is a recapitulation of funds recommended for payment under this AD 03-3 Seven Oaks West III Area Payment No. I-A: Improv.ement Acquisition Item ) A. WHITE LANE - NORTH SIDE (Tract No. 6223 Frontage) 1. Grading 2. Storm Drain Improvements 3. Water Improvements 4. Street Improvements 5. Utility Improvements 6. Miscellaneous Improvements 7. Contingency 8. Incidentals 9. Total White Lane - North Side Improv. AD 03-3 Approved Amount Amount Requested for Payment Amount Paid Amount Pursuant to Approved for Paymnt No.1 Paymnt No. I-A $ 26,049.00 $ 44,831.00 $ 44,831.00 $ 0.00 $ 0.00 $ 71,074.00 $ 20,178.00 $ 50,896.00 $ 96,550.00 $ 103,360.00 $ 103,360.00 $ 0.00 $ 427,046.00 $ 528,094.73 $ 445,188.90 $ 82,905.83 $ 79,350.00 $ 70,716.00 $ 70,716.00 $ 0.00 $ 447,500.00 $ 437,969.27 $ 437,969.27 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 219.291.00 $ 173.542.83 $ 173.542.83 $ 0.00 $1,295,786.00 $1,429,587.83 $1,295,786.00 $ 133,801.83 B. ALLEN ROAD - EAST SIDE (Chamber Boulevard to White Lane) - NOT A PART of this Payment No. I-A C. CHAMBER BOULEVARD - FULL WIDTH (West Boundary of Tract No. 6223 to Allen Road) - NOT A PART of this Payment No. I-A D. CHAMBER BOULEVARD - SOUTH SIDE (Windermere Street to West Boundary of Tract No. 6045) - NOT A PART of this Payment No. I-A ) E. TOTALS $1,295,786.00 $1,429,587.83 $1,295,786.00 $ 133,801.83 John Stinson / Marian Shaw September 24, 2007 Page Three As also described in Item G on page 2 of Table I, the Recapitulation of all pavments for the entire Seven Oaks West III Area is presented below: 1. Total approved for payment of all items (A, B, C, and D) per Final Engineer's Report $3,981,483.00 2. Total already paid for Item A per Seven Oaks West III Area Payment No.1 $1,295,786.00 3. Total already paid for Item B per Seven Oaks West III Area Payment No.2 $1,240,527.21 4. Total already paid for Items C and D per Seven Oaks West III Area Payment No.3 $1,171,142.06 5. Total approved for additional payment of Item A per Seven Oaks West III Area Payment No. I-A (this payment) $133,801.83 6. Total amount availablefor payment in Seven Oaks West III Area at a later date $140,225.90 Based on the findings described above and in accordance with the Application No. I, it is the recommendation of our analysis that $133,801.83 be paid and that a check for that amount be made payable to Castle & Cooke California, Inc., as a payment pursuant to this Payment No. I-A for the completed improvements in the Seven Oaks West III Area of AD 03-3. As suggested by the Applicant, in order to properly direct the payment, please send the check to: Castle & Cooke California, Inc. Attn: Laura Whitaker 10000 Stockdale Hwy, Suite 300 Bakersfield, CA 93311 Please call if you have any questions on the results of our analysis or the recommendations presented herein for payment of the Acquisition Price. Sincerely ~\N~ Ed Wilson ~ Dejan Pavié Wilson & Associates Enclosure cc: Scott Blunck Judy Kindig / Roger McIntosh Charlie Stevens Laura Whitaker TABLE 1 ITEMIZED IMPROVEMENTS AND ACQUISITION COSTS APPROVED FOR PAYMENT NO. i-A IN SEVEN OAKS WEST III AREA CITY OF BAKERSFIELD ASSESSMENT DISTRICT NO. 03-3 ENGINEER'S REPORT ESTIMATE REQUESTED FOR PAYMENT Unit Total Unit Total Item Item Description Quantity Units Cost Cost I Quantity Units Cost Cost A. WHITE LANE - NORTH SIDE (Tract No. 6223 Frontage) a. GRADING Roadway Excavation 8683 ëÿ 3,00 '$26,049.00 Mobilization ° LS 0,00 $0.00 Median Grading & Dust Control ° LS 0.00 $0.00 Extra grading to widen for medians ° LS 0,00 $0.00 TOTAL GRADING b. STORM DRAIN IMPROVEMENTS 24" Storm Drain Pipe 18" Storm Drain Pipe 30" Storm Drain Pipe 36" Storm Drain Pipe 40" Storm Drain Pipe Type A Catch Basin Catch Basin (8' & under) Manhole Outlet Structure TOTAL STORM DRAIN IMPROVEMENTS c. WATER IMPROVEMENTS 16" Waterline 16" Gate Valve Relocate Wharf Hydrant Assembly 2" Irrigation Service F&I Tie Into Existing Waterline 12" Waterline 12" Gate Valve with Valve Box 6" Fire Hydrant Wharf drant TOTAL WATER IMPROVEMENTS d. STREET IMPROVEMENTS Paving, Base, and Subgrade í 117215 Paving 1 ° B~e ° Subgrade i ° Paving, Base, and Subgrade (South Side) 23731 Paving ° Base ° Subgrade 0 Sawcut A.C, Paving (south Side) ° Remove A,C. Paving (south Side) ° F&I Striping (detail 38) ° F&I Striping (detail 39) ° F&I Pavement Markings ° "Stop" Stencil ° "Stop Ahead" Stencil 0 Drop Lane Arrows ° Detail 27B Removal 0 , Island Noses 0 6" Curb & Gutter 2645 6' Sidewalk 15870 Extra sidewalk ° Extra Cobble Band 0 Extra Cobble Base 0 Handicap Ramp 400 Metro Street Sign 2 "No Parking" Sign 13 "No Parking" sign wl"Bike Lane" sign ° "Stop Ahead" & "Right Turn" signs ° Arrow with type in red ° "Stop" sign 0 "Road Ends 500 It" sign 0 36" Channelizers w/hi intensity reflectors 0 Tubes of Rezi Weld ° "Keep Right" signs (median) ° Street Light - Mast Arm 9500 Lumen 5 Street Light Conduit & Conductor 2645 Street Light Pull Box 13 Landscape Meter Pedestal 1 Monument Encasement 1 Interconnect Conduit 2645 Traffic Signal atAllen Road ° . T<?TAL STREET IMPROVEMENTS e. ,.Uj"íLlTY .IMPROVEMENTS - . Joint Trench TOTAL UTILITY IMPROVEMENTS r~1i645 LF 3 EA ° EA 1 EA ° EA I ° LF I 0 EA I 3 EA 3 EA ° LF ° LF o LF ° LF ° LF ° EA ° EA ° EA ° EA 27.00 0.00 34,00 0,00 0.00 1500.00 0.00 1400,00 3500.00 $26,049.00 I 3125 CY 2,60 $8,125,00 I 3 LS 500,00 $1,500,00 L~ LS 18806.00 $18,806.00 LS 16400.00 $16,400.00 $44,831.00 $0,00 0 LF 0.00 $0,00 $0,00 1390 LF 28,00 $38,920.00 $0.00 46 LF 43,00 $1,978,00 $0,00 187 LF 60,00 $11,220.00 $0.00 9 LF 84,00 $756,00 $0,00 1 EA 1000,00 $1,000,00 $0.00 3 EA 1800,00 $5,400,00 $0,00 L 4 EA 2200.00 $8,800.00 $0,00 1 EA 3000.00 $3,000,00 $0,00 $71,074.00 $79,350.00 2378 LF 35,00 $83,230.00 $7,500.00 4 EA 2000.00 $8,000,00 $0,00 1 EA 500.00 $500,00 $1,000,00 1 EA 800.00 $800.00 $0.00 1 EA 1500,00 $1,500,00 $0,00 91 LF 30,00 $2,730,00 $0.00 I 1 EA 1600.00 $1,600.00 $6,900.00 L 2 EA 2500.00 $5,000,00 $1,800,00 0 EA 0.00 $0,00 $96,550.00 $103,360.00 $281,316,00 $0,00 $0.00 $0.00 $53,870,00 $0,00 $0,00 $0.00 $0.00 $0.00 $0,00 $0,00 $0,00 $0,00 $0,00 $0.00 $0.00 $0.00 $23,805,00 $31,740.00 $0.00 $0.00 $0,00 $800,00 $600,00 $2,600.00 $0,00 $0,00 $0.00 $0.00 $0.00 $0,00 $0,00 $0.00 $10,500,00 $7,935,00 $1,950.00 $1,100,00 $250,00 $10,580.00 $0.00 $427,046.00 billed in 3 separate items below 112330 SF 1,72 $193,207,60 112330 SF 0.49 $55,041,70 12481 SY 2,99 $37,318.19 billed in 3 separate items below 62126 SF 1.72 $106,856.72 62126 SF 0.49 $30,441.74 6903 SY 2,99 $20,639,97 1069 LF 0,95 $1,015,55 869 SF 0,95 $825,55 400 LF 1,26 $504.00 2390 LF 0.50 $1,195.00 105 SF 5.77 $605,85 6 EA 69.00 $414.00 1 EA 155,25 $155.25 2 EA 115.00 $230.00 750 EA 0,75 $562.50 2 EA 57,50 $115,00 2458 LF 8.38 $20,598,04 13651 SF 2.03 $27,711.53 167,5 SF 2,35 $393.62 35 LF 8,50 $297.50 112 SF 2.75 $308.00 0 SF 0,00 $0,00 1 EA 249.07 $249.D7 12 EA 238,99 $2,867.88 1 EA 297,98 $297,98 2 EA 303,34 $606.68 3 EA 249,07 $747.21 1 EA 281.89 $281.89 1 EA 314.D7 $314.D7 78 EA 58,61 $4,571,58 39 EA 15,55 $606,45 4 EA 238.99 $955.96 4 EA 1949,16 $7,796,65 2831 LF 2.00 $5,662.00 l 12 EA 100.00 $1,200.00 1 EA 3500,00 $3,500.00 0 EA 0.00 $0,00 0 LF 0,00 $0,00 0 EA 0.00 $0.00 $528,094.73 2645 LF 24.30 29655A1A.WK4 30.00 2500.00 0.00 1000.00 0,00 0,00 0.00 2300.00 600.00 SF SF SF SY SF SF SF SY LF SF LF LF SF EA EA EA EA EA LF SF SF LF SF SF EA EA EA EA EA EA EA EA EA EA EA LF EA EA EA LF EA 2.40 0.00 0,00 0.00 2,27 0.00 0.00 0.00 0,00 0.00 0.00 0.00 0,00 0,00 0,00 0,00 0,00 0,00 9,00 2.00 0,00 0,00 0,00 2.00 300.00 200,00 0,00 0,00 0,00 0,00 0,00 0,00 0.00 0.00 2100.00 3.00 150,00 1100.00 250,00 4,00 120000,00 30,00 $79,350,00 II $79,350.00 2910 LF $70,716,001 L $70,716.00 $8,125,00 $1,500,00 $18,806.00 $16,400,00 $44,831.00 $0.00 i $0.0011 $0.001 I $0.:QQj $0.00 , $O.OOÎ I $38,920,00 ¡ , 'I $0.001 $11,220,00 I $756.00 I , $0'001 $0,00 $0.00 $O,QQj , $50,896.00 $0,00 $0.00 $1,978.00 $0,00 $0,00 $1,000,00 $5.400,00 $8,800.00 $3,000,00 $20.178.00 $83,230.00 $8,000.00 $500,00 $800,00 $1,500.00 $2,730.00 $1,600,00 $5,000,00 $0,00 $103,360.00 $0,001 $0,0°1 $0,0011 $0,00,1 $0,'00'1,1 $0,00 I $0,00 $0.00 I $0.00 ' $0.00 $193,2~~:~~ :~:~ $55,041.70 $O,~~ I $37,318,19 $0.00 I I' $0,00 $0,00 I $23,950,89 $82,905,831 $30,441,74 $0,001 $20,639.97 $0.00 $1,015,55 $,0,001" $825.55 $0,00 I $504.00 $0,00 II $1,195.00 $0,00 I $605.85 $0,00 $414,00 $0,00 $155,25 $0,00 $230,00 ' $0.00 $562,50 .$0,00 $115.00 $0.00 $20,598.04 $0.00 'I $27,711,53 $0,00, 1 $393,62 $0.001 ' $297.50 $0,001 $308,00 $0.00 ! $0,00 $0,00 $249.D7 $0,00 $2,867,88 $O.()O $297,98 $0,00 $606,68 $0,00 $747,21 $0,00 $281,89 $0,001 $314.07 $0,00 $4,571.58 $0.00 I $606.45 $0.00 I $955.96 $0.00 I $7,796,65 $0.00 I $5,662,00 $0.00 ! $1,200,00 $0,00 II $3,500,00 $0,00 $0,00 $O,OO! I I $0,00 $0,00 I $0,00 $0,00 J! J $445,188.90 $82,9ÕiïJi3 ¡ $70,716,001 C:==JQ-:-òÞJ L $70,716.00 $0.00 09/24/2007 TABLE 1 ITEMIZED IMPROVEMENTS AND ACQUISITION COSTS APPROVED FOR PAYMENT NO. 1-A IN SEVEN OAKS WEST III AREA CITY OF BAKERSFIELD ASSESSMENT DISTRICT NO. 03-3 ENGINEER'S REPORT ESTIMATE ~ REQUESTED FOR PAYMENT Unit Total Unit Total Quantit Units Cost Cost Quantity Units Cost Cost Item Item Description f, MISCELLANEOUS IMPROVEMENTS Seven Oaks Block Wall (7'4" Tall) Seven Oaks Block Wall (See 2) Seven Oaks Block Wall (See 3) Seven Oaks Block Wall (See 5) Corner Sign Monument (Major) Monument Pavers Monument Signage Median Deposit Median Deposit (South Half) Median Landscape in lieu of Med, Deposit Median Hardscape in lieu of Med, Deposit Median Curb in lieu of Median Deposit TOTAL MISCELLANEOUS IMPROVEMENTS g. SUBTOTAL IMPROVEMENT COST h. CONSTRUCTION CONTINGENCY i. SUBTOTAL IMPROVEMENT COST AND CONTINGENCY j. INCIDENTAL COST Design Engineering Improvement Bonds Construction Staking Soits and Materials Testing and Report Contractor Supervision and Overhead Bid Documents Plan Check and Inspection Fees Water Inspection Fees Construction Inspection Fees TOTAL INCIDENTAL COST k. TOTAL WHITE LANE - NORTH SIDE (Tract No. 6223 Frontage) IMPROVEMENTS, CONTINGENCY, AND INCIDENTALS 2540 ° ° ° 2 ° ° 2645 2645 ° ° ° LF 85,00 IF 0.00 IF 0,00 LF 0,00 EA 10000,00 SF 0,00 EA 0,00 LF 40,00 IF 40,00 LS 0,00 SF 0,00 IF 0.00 $215,900.00 12õ19 LF 73.13 $147,649.47 $147,649.47 $0,00 I 15 LF 81,60 $1,224,00 $1,224,00 $0.00 I· 271 LF 105,24 $28,520.04 $28,520,04 I $0.00 i 26 LF 188.40 $4,898.40 $4,898.40 $20,000.00 ° EA 0,00 $0,00 $0,00 $0,00 i 124,5 SF 4,00 $498,00 $498,00 $0,00 I 2 EA 1662,38 $3,324.76 $3,324,76 $105,800,00 I ° LF 0,00 $0,00 $0,00 $105,800,00 I ° LF 0.00 $0,00 $0,00 $0.00 i 1 LS 151008.00 $151,008,00 $151,008,00 $0,00 , 11310.5 SF 5,50 $62,208,00 $62,208,00 I $0.00 , 5018 LF 7,70 $38,638,60 $38,638,60 $447,500.00 $437,969.27 $437,969.27 $1,076,495.00 $1,256,045.00 $1,122,243.17 $0.00 $0.00 $0,00 $1,076,495.00 $1,256,045.00 $1,122,243.17 $70,020,00 I $36,730.00 $36,730,00 $45,739,00 $12,855,70 $12,855.70 $43,060.00 $50,909,38 $50,909,38 $32,295,00 I $52,606,80 $52,606.80 $0.00 1 $0.00 $0,00 $1,500,00 i $2,268.50 $2,268,50 $22,815,00 I $8,552,50 $8,552.50 $3,862,00 I $0,00 $0.00 $0,00 $9,619.95 $9,619.95 $219,291.00 $173,542.83 $173,542,83 $1,295,786.00 $1,429,587.83 $1,295,786.00 APPROVEÕ~ [NOTES FOR PAYMENT! I (See NO.1-A.~ L!elow) h~~:~~l ¡-------.I $0,00, ! $O,OO!,I, I' $0,00: , $0,0011 I $O,OO[ ¡ I $o.ooi ! I I; $0,00, i , I $o.ooi 1 I _,~~:~~i ! I '.so:()O ' ¡ $133,801.83 $0.00 $133,801.83 --$Õ"oõll $0,0°1 I $0,°°1 ¡ $0,00: 1 $0,0°11 $O,OO¡ t ~o,oo i i $ö;()oi ¡ ".$.9,22: ! $0.00 $133,801.83 1 i I I ___.......1 B. ALLEN ROAD - EAST SIDE (Chamber BDulevard to White Lane)- NOT A PART of this Payment ND. 1-A (Paid pursuant to Payment No.2) C. CHAMBER BOULEVARD - FULL WIDTH (West BDundary DtTract ND. 6045 to Allen Road) - NOT A PART of this Paymant ND. 1-A (Paid pursuant to Payment No.3) D. CHAMBER BOULEVARD - SOUTH SIDE (Windermere Street tD West BDundary DtTract No, 6045) - NOT A PART of this Payment No. 1-A (Paid Pursuant to Payment Mo. 3) E, TOTAL SEVEN OAKS WEST III AREA IMPROVEMENT COST {Item A)-INCLUDED IN THIS PAYMENT NO. 1-A a, IMPROVEMENTS b. CONTINGENCY c, INCIDENTALS d. TOTAL SevEN OAKS WEST III AREA IMPROVEMENT COST INCLUDED IN THIS PAYMENT NO. 1-A F. RECAPITULATION OF PAYMENTS FOR ITEM A a. TOTAL APPROVED FOR PAYMENT OF ITEM A PER FINAL ENGINEER'S REPORT $1,076,495,00 $0,00 $219,291,00 $1,295,786.00 $1,256,045,00 $0,00 $173,542,83 $1,429,587.83 $1,122,243.17 $0,00 $173,542.83 $1,295,786.00 b. tOTAL REQUESTED FOR PAYMENT OF ITEM A PER SEVEN OAKS WEST III AREA PAYMENT NO.1 c, TOTAL ALREADY PAID FOR ITEM A PER SEVEN OAKS WEST III AREA PAYMENT NO.1 d. TOTAL APPROVED FOR ADDITIONAL PAYMENT OF ITEM A PER SEVEN OAKS WEST III AREA PAYMENT NO. 1-A (THIS PAYMENT) e. TOTAL AMOUNT ELIGIBLE FOR PAYMENT OF ITEM A IN SEVEN OAKS WEST III AREA AT A LATER DATE $133,801,83 $0.00 $0.00 ----m3~ä'Ó{83- $1,295,786.00 $1,429;587:83 $1,295,786JiO $133,801.83 $0,00 G. RECAPITULATION OF ALL PAYMENTS FOR THE ENTIRE SevEN OAKS WEST III AREA a. TOTAL APPROVED FOR PAYMENT OF ALL ITEMS (A. B, C, AND D) PER FINAL ENGINEER'S REPORT b. TOTAL ALREADY PAID FOR ITEM A PER SevEN OAKS WEST III AREA PAYMENT NO.1 c, TOTAL ALREADY PAID FOR ITEM B PER SEVEN OAKS WEST III AREA PAYMENT NO.2 d. TOTAL ALREADY PAID FOR ITEMS CAND 0 PER SEVEN OAKS WEST III AREA PAYMENT NO.3 e. TOTAL APPROVED FOR ADDITIONAL PAYMENT OF ITEM A PER SevEN OAKS WEST III AREA PAYMENT NO. 1-A (THIS PAYMENT) f. TOTAL AMOUNT AVAILABLE FOR PAYMENT IN SEVEN OAKS WEST III AREA AT A LATER DATE NOTES: $3,981,483.00 $1,295,786,00 $1,240,527:21 $1,171,142.06 $133,801.83 $140,225.90 1, Based on the savings in costs of the items of work approved in the Final Engineer's Report, there are several "new" items of work approved for payment át this time, All' . of these additional items of work are items in the same categories of work as the originally approved items or are items constructed instead of the originally approved items due to changes' in the final design, This additional payment is for the items already found eligible for payment at the time Payment No, 1 for the Seven Oaks West III Area was . .prflcessed on II-ugust 29, 2007, However, at that time they were either not approved for payment or were approved for payment at a lesser amount than requested, since payments - :' for ôther improvements (Items 8, C, and D) have not been previously processed, Now, based on the savings in the total amount paid for all improvements in the Seven Oaks West III Area (pursuant to Payments No.1, No, 2, and No.3), this additional Payment No, 1-A is approved at this time (for the items already found eligible for payment pursuant to said Payment No, 1), 29655A 1 AWK4 2 09/24/2007