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Assigned Savings Letter 001January 11, 2005 Mr. Grant Beck, Director City of Yelm CommuniTy Development Department P.O. Box 479 Yelm, WA 98597 Re: Assignment of Savings Griffin Place Subdivision Dear Gran[: Attached herewith is [he cost estimate for [he assignment of savings for the C~"-~-r,w"'--- project. I included all of the costs [ha[ you indicated in your a-mail of January 7, 2005. Please feel free to call should you have any questions. Sincerely, Parametrix, Inc. Amy M. Head, P.E. Paremetnx, Inc. 2570612-001 Griffin Place ENGINEER'S ESTIMATE OF PROBABLE COST FOR EXISTING HOME UTILITY CONNECTION Item # Item Unit Quanti Unit Price Total Cost CONSTRUCTION COSTS 1 Decommision Existin Well LS 1 $1,500.00 $1,500 2 Dewmmision Existin Se tic S stem LS 1 $1,500.00 $1,500 3 Water Service Extension to meter LF 40 $10.00 $400 4 Water Extension from Meter to Main LF 10 $10.00 $100 5 Sewer Service Extension to STEP Tank LF 40 $10.00 $400 6 Sewer Exension from tank to main' LF 45 $20.00 $900 7 STEP Tank antl Pum EA 1 $3,000.00 $3,000 CITY FEES 8 Water Connection Fee LS 1 $1,500.00 $1,500 9 Water Meter Fee LS 1 $300.00 $300 10 Sewer Connection Fee LS 1 $5,417.00 $5,417 11 Sewer Ins ection Fee LS 1 $145.00 $145 LATECOMER FEES 12 Water LS 1 $5,851.55 $5,852 13 Sewer LS 1 $5,608.46 $5,608 Sub Total $26,622 150% of Sub Total $13,311 Total Assigned Savings $39,933 Includes cost to patch roatl for cut to main. 1/11/2005 1 C'.\DOCUmenLS an4 SeNngslSCOMLacal SeNngs\Temporary Internet Files\OLx15E\COSt Estimate 1-0"/05 BLA CITY OF YELM eo ea.<'s em WA 9E52~ 36GC58-R<C3 RECEIPT No. 34 b 73 =~.~Cp ' THIRTY NINE THOUSAND NINE HUNDRED THIRTY THAEE DOLLARS & 00 CENTS PEC G!v E7 `RCM DATE 9EC.NC. AMOUNT ' SCOTT GRIFFIN aE. eC ~. 01/18/05 34673 39,933.00 CHECN 3116 ,935 37TH PLACE E EATTLE, WA 98112 ii MISCELLANEOUS RECEIPT ~~i GRETCHEN EVELOPER AGREEMENT - GRIFFIN PLACE DEVELOPER AGREEMENT This Agreement is made pursuant to the provisions of Sections 16.20.030 and 16.20.040 of the Yelm Municipal Code for the purposes of bonding in lieu of completion of required improvements and repairs described in the Exhibit A attached hereto and made a part hereof. The undersigned does deposit in trust with the City of Yelm $39,933.00 and grants the City the full power and authority to hold and expend the deposited amount for the purpose of completing the required improvements and repairs described in said Agreement not completed by April 18, 2005, pursuant to said agreement. It is understood and agreed that the City holds the certificate covering said account in its possession and agrees to hold the sum of $39,933.00 until release or partial release of this Agreement is received from the Community Development Department pursuant to the terms of the attached Exhibit, or demand made by the Community Development Department pursuant to Section 16.20.030 of the Yelm Municipal Code and the provisions of said attached Exhibit. DATED this DATE day of January ~!~ , 2005 D ELOPER EXHIBIT A Griffin Place ENGINEER'S ESTIMATE OF PROBABLE COST FOR EXISTING HOME UTILITY CONNECTION Item # Item Unit Quantity Unit Price Total Cost CONSTRUCTION COSTS 1 Decommision Existing Well LS 1 $1,500.00 $1,50 2 Decommision Existing Septic System LS 1 $1,500.00 $1,50 3 Water Service Extension to meter LF 40 $10.00 $40 4 Water Extension from Meter to Main LF 10 $10.00 $10 5 Sewer Service Extension to STEP Tank LF 40 $10.00 $40 6 Sewer Extension from tank to main' LF 45 $20.00 $90 7 STEP Tank and Pump EA 1 $3,000.00 $3,00 CITY FEES 8 Water Connection Fee l5 1 $1,500.00 $1,50 9 Water Meter Fee LS 1 $300.00 $30 10 Sewer Connection Fee LS 1 $5,417.00 $5,41 11 Sewer Inspection Fee LS 1 $145.00 $14 LATECOMER FEES 12 Water LS 1 $5,851.55 $5,85 13 Sewer LS 1 $5,608.46 $5,60 Sub Total $26,62 150% of Sub Totat $13,311 Total Assigned Savings $39,93