HomeMy WebLinkAboutSUB198100091 Bond Final Plat 1981-08-25RoOT-:RT W. TUCKER, JR.
DIRECTOR OF PLANNING
MEMORANDUM
TO: Judy Gough
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VIP,1�
VrR G 111t�
Department of Planning
804/296-8823
414 EAST MARKET STREET
CHARLOTTESVILLE, VIRGINIA 22801
FROM: N. Mason Caperton, Senior Planner ornc
DATE: September 4, 1981
RE: Twin Group Property - Water Line Bond
RONALD S. KEELER
ASSISTANT DIRECTOR OF PLANNING
R. KEITH MADE
PRINCIPAL PLANNER
IVANCY MASON CAPERTON
SENIOR PLANNER
KATHERINE L- IMHOFF
PLANNER
Attached please find a performance bond and letter of credit from NB&T, in the
amount of $15,000.00, posted for the water line construction at the above noted
site. This bond was posted so that,a plat for Lot 6 could be signed.
NMC/jcw
PERTOPiLANCE SOND FOR CONSTRUCTION
Know all men by these presents, that I/we, the undersigned, 115/�_n� ,
principal (s) , is/are held and firmly
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bound unto the County Of Albemarle, Virginia, in the penal sum of
for the Paycent of which, well and truly to be made, I/we hereby jointly and severally
bind myself/ourselves, my/our heirs, executors, administrators, successors, and
assigns.
"_`he condition of the above obligation is usch that whereas the said principal(s)
did file with thr County of Albemarle plans and specifications for certain improvements
required pursuar,: to
Ordinance of Albemarle County, Virginia, in connection with the development of U
WOIT,'d ae which said plans and specifications are
incor ✓ rater herein by reference;
13ow, the::e£ore, if the said principal(s) shall well and faithfully complete and
perform the said improvements in accordance with said specifications, including the
Pa7�ent of all la.:ful claims of contractors, subcontractors, materialmen and laborers
for all la:,or performed and materials furnished in the completion of the said
lap rcve:�,>_rts, on or before -{'! /' r•14AZ , then this obligation shall
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be void, otherwise the S=e shall remain in full force and effect.
In consideration hereof and as security for this obligation the principal(s) has/
nave hefetcicre cased to Y,e issued/assigned for the benefit of the County of Albemarle
the hereira✓ tr de c .Y,c,:i i .r (''1.P ri` (- dated
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19 �� in the principal amount of � 151! }
r �=
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nvs•:ered J -(J - J:.J.� i which is attached hereto.
1n witness whereof, the said principal(s) has/have caused this instrument to be
executed this (��✓ 7%� ! 9� )
� ggq�77%r��✓ <
EY /..s 1, (SEAL)
Approved as to fa:z
ay aSt:orncJ
Approved (Director of Planning)
1National Bank and Trust Company
123 EAST MAIN STREET, CNARLOTTESVILLF_,VIRUNIA 22902 - i 604) 977-1150
Irrevocable Letter of Credit
No. 53 01 1705A
County of Albemarle
Attn: Miss Mason Caperton
Charlottesville, Virginia 22901
Gentlemen:
Date: August 27. 310'1
Expires: Sepe:;_�_ _-__
We hereby establish our irrevocable letter of credit in yc.:r
favor for the account of:
Twin Group, Inc.
400 Four Seasons Drive
Charlottesville, Va 22901
Up to an aggregate amount of $15,000.00
Available by your drafts at sight.
All drafts drawn under this letter of credit must be marke;l,
"Drawn under National Bank and Trust Company letter of credit
no. 53 01 1705A, dated August 27, 1981."
All drafts must be accompanied by the following documents:
The beneficiary's signed statement that the water line constz,, tic:;
and installation requirements of the beneficiary have not bee.,
satisfactorily canpleted in "Twin Group -Jessup-` N".
We hereby agree with you that all drafts under and in cnmoii-
ance with the terms of this letter of credit shall be met
due honor if presented to us at the office specified above cn or
before 2:00 p.m. on September 1, 1982 or the last rec-ular banking
day prior to such date.
Except as otherwise stated, this credit is subject to t:-e
"Uniform Customs and Practice for Corunoncial Documentary Credit;:,
fixed by the XIII Congress of the International Chamber of Congress"
(International Chamber of Commerce Brochure no 290, 1974 Revision).
Sincerely
P,
Wilbur L Hundley
Credit Officer
COUNTY SERVIC
(804) 977-8971
E
August 26, 1981
Ms. Mason Caperton
Department of Planning
414 East Market Street
Charlottesville, Virginia 22901
Dear Mason:
Water line plans for Jessup Property RPN have been conditionally ap-
proved by this office.
If you have further questions, please call at any time.
Very truly yours,
Charles E. Kent
Engineering Technician
CEK:dmg
i
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t
--
Rivas C. 3antry & Kne, Inc.
Rt. I Box 292
Earlyeville, Virginia 22936
August 25, 1981
Thomas C. Batchelor
Four Seasons Mall
Charlottesville, Va. 22901
Re: jessup Property Plan
I quote the following prices for Materials, Labor and Equipme"t to
install water line on Jessup Property Plan:
MATERIALS
1 14 Tapping Sleeve and Valve
1220.00
475 ft. 6" PVC water pipe
5.10
2422.50
1 06 T
1>0.0c)
I Fire Hyd-, Valve and Box
875-00
1 04 Reducer
87-00
200 ft. 4" PVC water pipe
Coo
800.00
I Blow off assembly
Qoxo
10 Meter yokes
4
4
40.00
400.00
10 Meter boxes
4
$
50.00
'00.00
40 ft. 3/4" K Copper
1
$
1.50
60.00
180 ft. 1" K Copper
1
$
2.75
495c0'0
5 1" Corp. Stops
t
$
16.50
82.50
5 1" x 5/4 x 5/4 Te
14.7
-5
73 7
TOTAL
1,550-75
Labor and Equipment
Install Tapping Sleeve and Valva 1 6.00 550.00
Dig and lay 475 ft. 6" PVC water line -0850.00
install Fire Hyd. 500*00
Dig and lay 200 ft. 4" PVC water line 6.00 1200.00
Install 1 Blow off Assembly 250.00
install 10 Services t j 225.00 2260.00
TOTAL 4 7,400.00
MATERIALS TOTAL 7,550.75
,LAFORY4 NUIP. TO !AL 7,440 .00
TOTAL PRICE 14,950-75
Sincerely,
Rives C. Gentr
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