From: 	Barbara Barhydt
To:	Earley, Katherine
CC:	DiPierro, Philip
Date: 	7/19/2010 6:24 PM
Subject: 	Farragut Street

Hi Kathi:
 
I know some questions have been raised regarding Farragut Street.  The developer came into the office asking if he was entitled to any refund.    I did not deal with this issue, but it appears that Penny called the performance guarantee for $53,000.  According to Phil that is the amount that remains in an HTE account and that final paving was done for this street.

I spoke with Penny tonight about this matter.  She said that the money to cover the paving could be transferred from the account.  She said it would be important for Public Services to check and see if there are any other funds that were expended on improvements.  If not, then the question is do we need to retain a defect guarantee.   I don't know the timing of the paving and whether the street has been accepted.  After all those questions have been answered, then any remaining money can be returned to the developer. 
 
I understand you have staff members looking into this, so please let Phil and I know what you discover.  
 
Thank you. 
 
Barbara