89-18 Attachment.pdf

STANLEY T, OMLAND, PE, PP, LEED AP ERICL. KELLER, PE, PP, LEED AP WILLIAM H. HAMILTON, PP, AICP, LLA, LEED AP GEOFFREY R. LANZA, PE, PP, LEED AP, CFM SEAN A. DELANY, PE, PP JAMES GIURINTANO, PE, PP, CME MARTIN F. TIRELLA, PLS VIA EMAIL December 30, 2017 Mr. Leonard Lepore, Township Engineer Township of West Orange 25 Lakeside Avenue West Orange, New Jersey 07052 RE: Prism Redevelopment Edison Battery Factory Bond Reduction Request #1 BCG File No. 080376-WO-048 Dear Mr. Lepore: We have reviewed the request from Prism to reduce the performance bond that was submitted at the outset of construction. Based upon our review of the work completed, including our most recent observations of construction activities on Thursday, December 28, 2017, we have prepared the attached bond reduction estimate. The original bond estimate (including the 20% permitted by the MLUL) as for $1,683,337.20, which based upon the work completed to date, can be reduced to $676,303.20. This represents a reduction of 59.8 percent. Should you have any questions, please do not hesitate to contact our office. Very truly yours, Ytte f~ Cie L. Keller, P.E., P. P., LEED AP Vice President ekeller@bowmanconsulting.com Bowman Consulting Group, Ltd. 54 Horsehill Road * Cedar Knolls, NJ 07927 Phone: 973-359-8400 * www.bowmanconsulting.com

PROPOSED CONSTRUCTION COST ESTIMATE PRISM GREEN URBAN RENEWAL ASSOCIATES IV, LLC TOWNSHIP OF WEST ORANGE DATE: DECEMBER 28, 2017 APPLICATION NUMBER: PB-12-09 BASED ON SITE PLANS REVISED THROUGH 11/17/15 PREPARED BY LANGAN ENGINEERING & ENVIRONMENTAL SERVICES. ITEM No. ITEM DESCRIPTION UNIT QUANTITY UNITCOST _ITEMTOTAL] CO. 1 ‘SITE PREPARATION us 1 $ 25,000.00 § 25,000.00) 2 SOIL EROSION Ls 1 $ — 30,000.00 $ 30,000.00 3 INLETS, NYLOPLAST EA 12 § 2,500.00 $ 30,000.00 4 INLETS, CONCRETE EA 28 3,000.00 $ 6,000.00 5 INLETS, RETROFIT EXISTING EA. 258 1,260.00 $ 2,500.00 6 MANHOLES, STORM EA. 7 S$ 4,000.00 $ 28,000.00 7 OUTLET CONTROL STRUCTURE EA 1 $ 8,000.00 $ 8,000.00 8 8" HDPE LF 233 $ 40.00 $ 9,320.00 9 10" HDPE LF 37 45.00 $ 1,665.00 10 12" HDPE LF 1596 $ 45.00 $ 71,820.00 "1 15"RCP LF 44 § 55.00 $ 2,420.00 12 15" DIP (STORM) LF 230 $ 65.00 $ 14,950.00 13 18" RCP LF 18 $ 75.00 $ 1,350.00 14 24" RCP LF 25 § 80.00 $ 2,000.00 15 42" HDPE LF 1005 § 100.00 $ — 100,500.00 16 HDPE RISERS (DETENTION SYSTEM) EA. 38 2,500.00 $ 7,500.00 17 TRENCH DRAIN LF 43 50.00 $ 2,150.00 18 CONNECTION TO EXISTING SYSTEM (STORM) EA. 5 $ 1,500.00 $ 7,500.00 19 4" PVC (SANITARY) LF 17 $ 30.00 $ 510.00 20 6" PVC (SANITARY) LF 60 $ 35.00 § 2,100.00 24 8" PVC (SANITARY) LF 1433 $ 40.00 $ 57,320.00 22 10" PVC (SANITARY) LF 307 $ 55.00 $ 21,835.00 23 12" PVC (SANITARY) LF 865 $ 70.00 $ — 60,550.00 24 MANHOLES, SANITARY EA. 21 § 4,000.00 $ 84,000.00 25 CONNECTION TO EXISTING SYSTEM (SANITARY) EA. 1$ 1,500.00 $ 1,500.00 26 HYDRANT ASSEMBLY EA 48 5,000.00 $ 20,000.00 27 4" DIP LF 7 $ 35.00 § 595.00 28 6" DIP LF 34 § 60.00 $ 2,040.00 29 8" DIP LF 34 § 80.00 $ 2,720.00 30 CONNECTION TO EXISTING SYSTEM (WATER) EA. 45 3,000.00 $ 12,000.00 31 ADA CURB RAMPS EA. 10 $ 2,500.00 $ 25,000.00 32 CONCRETE PAVER SIDEWALK SF 26111 $ 12.00 $ 313,332.00 33 CONCRETE SIDEWALK, COURTYARD SF 14605 $ 8.00 $ 116,840.00 34 CURBING LF 3762 § 22.00 $ 82,764.00 36 TRAFFIC SIGNS EA. 5S 150.00 $ 750.00 36 STREETSCAPE/PEDESTRIAN AMENITIES LS 1§ 7,500.00 $ 7,500.00 37 FENCING/GATES LS 1 § 12,000.00 $ 12,000.00 38 STRIPING Ls 1 $ 10,000.00 $ — 10,000.00 39 SITE LIGHTING, FREESTANDING Ls 1 $ 60,000.00 $ 60,000.00 40 PLANTERS/WATER FEATURES LS 1 $ 30,000.00 $ 30,000.00 “1 STRUCTURAL CONTROLLED/PLANT FILL cy 325 $ 65.00 $ 21,125.00 42 HARDSCAPE LS 1 $ 10,000.00 $ 10,000.00 43 DECIDUOUS TREES (STREETSCAPE) EA. 62 $ 450.00 $

/WATER FEATURES LS 1 $ 30,000.00 $ 30,000.00 “1 STRUCTURAL CONTROLLED/PLANT FILL cy 325 $ 65.00 $ 21,125.00 42 HARDSCAPE LS 1 $ 10,000.00 $ 10,000.00 43 DECIDUOUS TREES (STREETSCAPE) EA. 62 $ 450.00 $ 27,900.00 44 EVERGREEN TREES (STREETSCAPE) EA 21 $ 350.00 $ 7,350.00 45 SHRUBBERY (STREETSCAPE) EA 195 $ 35.00 $ 6,825.00 46 PERENNIALS (STREETSCAPE) EA, 326 $ 10.00 § 3,260.00 47 GROUNDCOVER (STREETSCAPE) EA. 530 $ 250 § 1,325.00 48 DECIDUOUS TREES (COURTYARD) EA. 28 § 450.00 $ 12,600.00 49 EVERGREEN TREES (COURTYARD) EA. 42 § 350.00 $ 14,700.00 50 SHRUBBERY (COURTYARD) EA. 217 $ 35.00 § 7,595.00 51 PERENNIALS (COURTYARD) EA 1607 $ 10.00 $ 18,070.00 52 GROUNDCOVER (COURTYARD) EA 1745 $ 250 $ 4,362.50 a Total 5 1,402,761.00 5 Lote AGE 120% PER M.L.U.L= $ — 1,683,337.20 eo PERFORMANCE GUARANTEES PER MLUL Eric L. Keller, P.E., P.P. 90% SURETY= $ — 1,515,003.48 Township Consulting Engineer 10% CASH= $ 168,333.72 5% ENGINEERING INSPECTION FEE= $ 84,166.86

IN 200 Broadacres Drive Bloomfield, NJ_ 07003 =] A eS IM Telephone: 973-562-9580 Fax: 973-562-9586 CONSTRUCTION MANAGEMENT, LLC Transmittal October 5, 2017 TO: Township of West Orange 25 Lakeside Ave. West Orange, NJ 07052 ATTN: Leonard Lepore VIA: UPS Ground RE: West Orange Redevelopment We are sending you the following as indicated: Plans Specifications x Letters Shop Drawings Prints Contract Change Order Submittal Sample Quantities Schedule Copies Description 1 letter These are transmitted as indicated below: X For your Use Approved For Approval Approved As Noted: Resubmission Not Required As Requested Approved As Noted: Resubmit For Review & Comment Not Approved For Signature Reviewed — See Comments REMARKS: Very Truly Yours, PRISM CONSTRUCTION MANAGEMENT, LLC Stephen Torell Senior Project Manager Stephen. Torell@prismpartners.net Copy: file

DGP Urban Renewal, LLC October 5, 2017 Ms. Karen J. Carnevale, RMC Municipal Clerk . Township of West Orange 66 Main Street West Orange, NJ 07052 West Orange, NJ 07601 Re: DGP Urban Renewal Associates, (“Obligor”) Site Work Letter of Credit Edison Lofts Dear Ms. Carnevale: In accordance with the MLUL (Municipal Land Use Law) 40:55D-53, Obligor hereby requests that the Township Engineer inspect the work related to the site improvements associated with 177 Main Street, West Orange, NJ (aka, Edison Lofts) and appended to the performance guarantee pursuant to subsection a. of 40:55D-53, a list of all uncompleted or unsatisfactory completed improvements. Further in accordance with the requirements of the MLUL, we are requesting that the Municipal Engineer inspect all improvements covered by obligor's request and file a detailed list and report, in writing, with the governing body, and simultaneously sending a copy thereof to the obligor not later than 45 days after receipt of the obligor's request. The report prepared by the municipal engineer shall identify each improvement determined to be complete and satisfactory together with a recommendation as to the amount of reduction to be made in the performance guarantee relating to the completed and satisfactory improvement, in accordance with the itemized cost estimate prepared by the municipal engineer and appended to the performance guarantee pursuant to subsection a. of 40:55D-53. Obligor has provided hereto an itemized list of improvements that it believes to be completed in accordance with the itemized cost prepared by the municipal engineer and appended to the performance guarantee. Obligor requests that at this time the performance guarantee be reduced in the amount of $871,218 Sincerely, ee Stephen Torell aed Eugene R Diaz Edwin H Cohen Len LePore - West Orange Township Municipal Engineer 4b Real Estate Investing...Outside The Box C/O Prism Capital Partners, LLC ¢ 200 Broadacres Drive, Suite 180 © Bloomfield, NJ 07003 © T: 201-567-2711 © F: 973-562-9586 ©

ITEM No, Lee AMEX Eric L, Keller, P.E., P.P. PROPOSED CONSTRUCTION COST ESTIMATE PRISM GREEN URBAN RENEWAL ASSOCIATES IV, LLC TOWNSHIP OF WEST ORANGE DATE: FEBRUARY 25, 2016 APPLICATION NUMBER: P8-12-09 BASED ON SITE PLANS REVISED THROUGH 11/17/15 PREPARED BY LANGAN ENGINEERING & ENVIRONMENTAL SERVICES ITEM DESCRIPTION SITE PREPARATION SOIL EROSION INLETS, NYLOPLAST INLETS, CONCRETE INLETS, RETROFIT EXISTING MANHOLES, STORM OUTLET CONTROL STRUCTURE e° HDPE 10" HOPE 12" HDPE 15" RCP 18" DIP (STORM) 48" ROP 24" RCP 42" HDPE HDPE RISERS (DETENTION SYSTEM) TRENCH DRAIN CONNECTION TO EXISTING SYSTEM (STORM) 4" PVC (SANITARY) 6" PVC (SANITARY) 8" PVC (SANITARY) 10" PVC (SANITARY) 12" PVC (SANITARY) MANHOLES, SANITARY CONNECTION TO EXISTING SYSTEM (SANITARY) HYDRANT ASSEMBLY 40IP 6" IP 8" DIP CONNECTION TO EXISTING SYSTEM (WATER) ADA CURB RAMPS CONCRETE PAVER SIDEWALK CONCRETE SIDEWALK, COURTYARD CURBING TRAFFIC SIGNS STREETSCAPE/PEDESTRIAN AMENITIES FENCING/GATES. STRIPING SITE LIGHTING, FREESTANDING PLANTERS/WATER FEATURES STRUCTURAL CONTROLLEDIPLANT FILL HARDSCAPE DECIDUOUS TREES (STREETSCAPE) EVERGREEN TREES (STREETSCAPE) SHRUBBERY (STREETSCAPE) PERENNIALS (STREETSCAPE) GROUNDCOVER (STREETSCAPE) DECIDUOUS TREES (COURTYARD) EVERGREEN TREES (COURTYARD) SHRUBBERY (COURTYARD) PERENNIALS (COURTYARD) GROUNDCOVER (COURTYARD) Township Consulting Engineer UNIT QUANTITY us 1$ Ls 1$ EA 1208 EA, 25 EA 2$ EA 7 § EA, 18 LF 233 § LF 37 8 LF 1508 S$ uF 44 LF 230 § LF 18 $ uF 2 8 uF 1005 $ FA 3 8 LF 43 § EA. 5S itz 7 $ uF oo § uF 1433 § uF 307 § LF 865 § EA, a § EA 1$§ EA 48 LF 7s uF 3a uF 34g EA. 45 EA. 10 § SF 26111 § SF 14605 $ LF 3762 $ EA. 5 $ Ls 1 § Ls 1§ Ls 18 Ls 18 Ls 18 cy 325 § Ls 1$ EA a2 EA 2s EA 195 § EA 326 § EA 530 § EA 2 § EA a2 § EA, 27 EA 1607 $ EA. 1745 120% PER M.L.U.L= PERFORMANCE GUARANTEES PER MLUL 90% SURETY= 10% CASH= 5% ENGINEERING INSPECTION FEE= UNIT cosT 25,000.00 30,000.00 2,500.00 3,000.00 4,250.00 4,000.00 6,000.00 40.00 45.00 45,00 55.00 65.00 75.00 80.00 100.00 2,800.00 50.00 1,500.00 30.00 35.00 40.00 85.00 70.00 4,000.00 4,500.00 5,000.00 35.00 60.00 80.00 3,000.00 2,800.00 12.00 8.00 22.00 150.00 7,500.00 12,000.00 10,000.00 60,000.00 30,000.00 65.00 10,000.00 Total ITEM TOTAL vA Complete 25,000.00 “yy 30,000.00 jo 30,000.00 jon 6,000.00 18 2,500.00 acy 28,000.00 8x 8,000.00 $ 8 $ $ $ $ $ 8 9,320.00 8 4,685.00 S

000.00 30,000.00 65.00 10,000.00 Total ITEM TOTAL vA Complete 25,000.00 “yy 30,000.00 jo 30,000.00 jon 6,000.00 18 2,500.00 acy 28,000.00 8x 8,000.00 $ 8 $ $ $ $ $ 8 9,320.00 8 4,685.00 S 71,820.00 5 2,420.00 S 14,950.00 $ 1,350.00 s 2,000.00 $ — 100,500:00 8 7,500.00 $ 2,150.00 —~ $ 7,500.00 70.0 $ 510.00 foe $ 2,100.00 104 $ 57,320.00 -— $ 21,835.00 — $ 60,550.00 $ 84,000.00 $ 1,500.00 § 20,000.00 $ 595,00 $ $ $ s $ $s $ $ $ $ $ $ $ 3 8 5 $ $ $ $ $ $ § 8 $ 2,040.00 2,720.00 12,000.00 25,000.00 313,392.00 116,840.00 82,764.00 750.00 7,500.00 12,000.00 —~ 10,000.00 60,000.00 30,000.00 24,125.00 10,000.00 —~ 27,900.00 7,360.00 — 6,825.00 3,260.00 4,925.00 2,600.00 14,700.00 7,595.00 16,070.00 4,362.50 $ 1,402,781.00 4 3 $ — 1,683,337.20 fet, $,~ 1,515,003.48 $168,333.72 $ 84,168.86 PGS 21g.