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Home My WebLink About17.080 Henry Street Condos, 128 Henry Street Letter of Credit Approved by Planning Board 3.30.22 ,,„,vOG.4 City of Saratoga Springs GHQ' v 1 ANTHONY J.IZZO CITY ATTORNEY'S OFFICE City Attorney CITY HALL •� 474 Broadway ROBIN MCFEE ° Executive Assistant • `��,'w.. Saratoga Springs,New York 12866 �k ,,,P`)'P©RATED Telephone 518-587-3550, ext.2414 Fax 518-587-1688 March 30, 2022 Via E-Mail Tony(a,Bonacio.com and Regular Mail Bonacio Construction, Inc. 18 Division Street Saratoga Springs,NY 12866 Attn: Tony Bonacio RE: Letter of Credit - $42,845.75 Henry Street Condos, 128 Henry St. PB# 17.080 Dear Mr. Bonacio, I am in receipt of your request regarding the site plan located at 120 Henry Street, Saratoga Springs,NY to extend your current letter of credit to your requested new expiration date of June 30, 2023 and to reduce the Letter of Credit to $42,845.75. After consultation with the Office of Planning and Economic Development and the City Engineer's Office, I have concluded that the extension letter of credit expiration date to 6/30/23 is acceptable as well as the reduction in the Letter of Credit to $42,845.75. Per 7.2.15 B. of the City's Zoning Ordinance, I have the authority to administratively approve/deny this request. Sincerely Mark Torpey, ha r MT:sac