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16A-020 Fairway Village Letter Jackson to SmithGerald A. Jackson Mr. Larry Smith Office of Planning & Development City Hall Building Northampton, Mass. 01060 Re: Phased construction at Fairway Villag Dear Larry: V& Post Office Box H North Amherst, Mass. 01059 413- 586 -1575 July 26, 1984 Thank you for arranging today's meeting at the Department of Public Works. With regard to the phased construction of the project which is now underway, the Developer proposes to construct approximately 500 lineal feet of water line to service the first 15 or 30 units, depending upon market conditions. In that the Special Permit and Site Plan Approvals both mandated the installation of a "looped" water system for the project, the following represent my understand- ings after today's meeting. 1. Prior to the issuance of Certificates of Occupancy for the first or any subsequent units, the Planning Board must re- ceive an adequate Performance Guarantee to complete the looped main to Spring Street. Such Guarantee may be in the form of a bond, deposit, letter of credit or other instrument satisfactory to the Board. 2. The amount of the Performance Guarantee will be determined by the Northampton D. P. W. based upon estimated cost of construction for the incompleted portion of the main at the completion of the first 15 units now under construction. This amount will use current construction costs and will be escalated by 10% annually for a period thru 6 months after the expiration of the Special Permit's Condition #8. That date would be October 9, 1988, the Permit having been granted on April 9, 1981 with "Substantial Construction and Use" voted on November 23, 1982, thereby satisfying Condition #23 of same. 3. Conversely, the amount of the Performance Guarantee may be reduced as continued construction results in a greater per- centage of completion of the main loop. 4. Any temporary termination of the main during the construction process must be provided with appropriate fittings to the sat- isfaction of the Water Department. Mr. Larry Smith Fairway Village Performance Guarantee July 26, 1984 I trust that the foregoing correctly .summarize the conclusions of our meeting today, and that we may proceed with the installation of the tapping sleeve at Spring Street. Additionally, I look for- ward to reviewing the D. P. W.'s cost estimates in the near future so that we can make suitable arrangements as outlined above. In the event that you are not in agreement with my summary, please let me know at once. On behalf of Dick Caparso, the owner of Fairway Village, I thank You again for the time today. Very truly yours, Gerald A. GAJ /cb C.C. Dick Caparso, Fairway Village, Inc. Peter McNulty, Acting Director of Public Works Robert Kozash, Water Department Superintendent Gerald A. Jackson Mr. Larry Smith Office of Planning & Development City Hall Building Northampton, Mass. 01060 Re: Fairway Village Dear Larry: Post Office Box 1209 Northampton Mass. 01061 413 -586 -1575 December 14, 1984 Thank you for taking the time to meet with me yesterday to review the Fairway Village Special Permit requirements for pending Phase I occu- pany. I understand that you have advised the Planning Board at last night's meeting of the need for a site inspection by the Board so as to be in a position to act on a request for the necessary releases and Certificates at the January 10, 1985 meeting. Accordingly, it will be necessary to address the following items as extracted from the Permit: 1. The Board must approve the temporary turn - around provisions as required by Condition #5, 2. The developer must provide a performance guarantee for the incomplete portion of the water system and for the top course of paving for the otherwise completed road and parking courts servicing the Phase I units. The monetary amount of this guarantee will be computed by the D.P.W. and agreed upon by the Board and the Developer, as discussed in Condition #7, 3. The Covenant described in Condition #7 will be recorded prior to the sale of any units and the appropriate releases then obtained as described in said Condition, 4. The landscaping for each unit to -be- released must be completed as required by Condition 415, 5. The easements to the City, as approved by the City Solicitor, must be recorded as required by Condition # 16, 6. The screen planting at the entrance on Spring Street must be completed as required by Condition X617, 7. "As Built" plans for the water and sewer systems must be submitted and approved by the D.P.W. and Planning Board before the completed portions of those systems may be placed in service, and certificates of compliance must be furnished by the project's engineer, both as described and required by Condition #20, 8. All Certificates of Occupancy must be signed by the Chairman or authorized representative of the Planning Board as required by condition # 9. Office of Planning & Development December 14, 1984 Page 2 I trust that this summary accurately reflects our discussions and sug- gest that you advise me of any oversight or disparity if this is not the case. I will endeavor to provide all required materials to the Board at the earliest possible moment so as to facilitate this review process. Additionally, I would be most pleased to guide or attend a site inspection by the Board or its representatives. Thank you again for your continued courtesies. Very t y yours, Ge al o GAJ /cb cc: Fairway illage, Inc. Shatz, Schwartz & Fentin, P.C.