upper Dublin AWS

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upper Dublin

801 LOCH ALSH AVENUE FORT WASHINGTON, PA 19034-1697 Phone: (215) 643-1600 Fax: (215) 542-0797 www.upperdublinmet

IRA S. TACKEL President

RONALD P. FELDMAN Vice President

SHARON L. DAMSKER REBECCA A. GUSHUE LIZ FERRY

December 7, 2017 Mr. Paul Leonard, Manager Upper Dublin Township 801 Loch Alsh Avenue Fort Washington, PA 19034

RE:

ROBERT H. MCGUCKIN GARY V. SCARPELLO PAUL A. LEONARD

NORTH HILLS MANOR (UD 16-02) NMI HOUSING L.P. MONTGOMERY COUNTY HOUSING AUTHORITY ESCROW RELEASE #2

Dear Mr. Leonard:

Township Manager

GILBERT P. HIGH, JR. Solicitor

Enclosed is the Certificate of Completion for Escrow Release No. 2 for the NEM Housing/North Hills Manor Development. The recommended release is $29,759.50. We have reviewed portions of the work completed to date and we have been present for inspections of the site in accordance with the terms of the Development Agreement for this project. If this release amount is approved, $903,276.43 will remain in escrow. This amount appears to be adequate to allow completion of the improvements. If you have any questions, please feel free to contact us. Very truly yours, 3K6i,e, /,9 Thomas J. Foutitarn, P.E. Township Engineer

cc:

Jonathan Bleemer, Asst. Township Manager Richard Barton, Township Zoning Officer Gil High, Township Solicitor

K:\public works\memos\north hills\nhm-escrow release 2.doc

CERTIFICATION OF COMPLETION #2 NORTH HILLS MANOR —NHM HOUSING UPPER DUBLIN TOWNSHIP We, the undersigned, hereby certify that the work provided for in a certain Agreement between the Township of Upper Dublin, NHM Housing, L.P., and Montgomery County, relative to the construction and installation of certain improvements in a development known as North Hills Manor has been completed to the extent of TWENTY-NINE THOUSAND, SEVEN HUNDRED FIFTY-NINE DOLLARS AND 50 CENTS, and this certificate authorizes the security holder (County of Montgomery) to release said amount ($29,759.50) to reduce the Financial Security held by the security holder, according to the breakdown shown below.

It is agreed that the release of said amount hereby authorized shall not be construed as acceptance of the work by Upper Dublin Township, nor shall this Certificate act or constitute any waiver by Upper Dublin Township, and the Township hereby reserves the right to re-inspect the work and to require the Developer referred to in the Agreement to correct any and all defects and deficiencies. For the following work: Total Financial Security: Amount Previous Release(s): Amount This Request: Amount Retainage Amount This Release:

$ 966,712.43 $ 33,676.50 $ 29,759.50 0.00 $ 29,759.50

Amount Available for Reduction:

$ 903,276.43

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Township En eer

Date:

Township Manager

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