I.  SCHEDULE

II.  CONTRACT AMOUNT

Base Contract Amount:  $537,425.62

Net Approved CO’s:  $37,111.66  (CO-01 through CO-13)

Contract Total  $574,537.28

III.  CHANGE DIRECTIVES

Note 1:  Amount due as reimbursement from Wm. J. Hawkins to Mason Brothers.

IV.  CHANGE ORDER STATUS

V.  PAYMENT APPLICATION STATUS

Payment applications #01 through #16 are confirmed paid in full. Total paid to date = $544,506.95.

Note: Payment Application #17 exceeds the GMAX for the project. Please note line 9 of form G702 “Balance to finish including retainage” totals $28,726.86. Line 5 of the same form “Retainage” lists the total retainage withheld to date as $28,726.86. It is understood the GMAX amount will be revised as the project is completed, but that the Owner should not make payments to the Contractor in excess of the GMAX (minus the 5% retainage).

VI.  MEETING SCHEDULE

1.  Next meeting: 3:30 PM, Thursday, 30 March 2006, at the project site.

VII.  MEETING NOTES

1.  The Contractor applied sealant at the sill below the sill of the window at the north wall of the Unfinished Basement area. It appears that the leak identified earlier has been stopped. The window will be observed by the Owner in the coming weeks to look for signs of water intrusion during and after rainfall.

2.  Owner furnished deadbolt locks have been installed at the exterior Basement doors. The deadbolts have thumb turns as required for code compliance and approval by the Building Inspector.

3.  The driveway concrete work is complete. The area of the drainage slot and the edge of the driveway at the rock wall will be filled by the Contractor with gravel flush with the top of the slab. The gravel fill is to be clean river-run gravel ranging from ¾” to 1 ½” in size.

4.  The original Contract Documents showed (4) slide out drawers at the base cabinets along the north wall (Sheet 15, Library N Elevation). The Contractor will investigate and report on why these shelves were not provided.

5.  The Owner’s have requested a final adjustment to the location of the fireplace control panel at the Master bedroom. The preferred location has been marked, and the Contractor will prepare a new Change Directive proposal for the relocation of the control device and the patching of the gypsum board wall surface.

6.  The wood door casings at the Laundry Room have been completed (see approved CD-65).

7.  Outstanding Punch List items were reviewed with the Contractor. A revised Punch List will be issued with the Minutes of this Meeting.

8.  Miscellaneous Change Directives were reviewed, approved and signed.

9.  Payment Application #17 was approved & signed.

10.  The condition of the exposed concrete foundation walls was observed and discussed. The concrete subcontractor has patched several areas on the wall, but he re are remaining wall areas to be patched. The matter of whether the walls are to receive a sand-cement parge coat (i.e. ‘sack’ finish’) over their entire surface was discussed. (Subsequent investigation into documentation from the Owner-Contractor price negotiations indicates that the original stucco finish was deleted entirely, and that the earlier proposed parge coat was not included in the final approved scope of work. The Owner will consider performing this cosmetic work at a future date.)

VIII.  ACTION ITEMS

13.  Site Clearing: Contractor to maintain a clean site.

16.  Storm Water Removal: Pipes at lower end of house to be re-graded prior to placement of final concrete.

20.  Door Hardware: Exterior finish hardware selections complete. Interior finish hardware to be selected with door shop drawings approval.

12-22-05  The Contractor reported that the pocket door hardware selected will not work with the doors. Alternate pocket door hardware was approved. Also, the Owner has decided not to have a privacy latch on the Master Bath door. (Finish hardware is on order.)

03-03-06  The pocket door pulls are on-site and will be installed.

03-27-06  Pocket door pulls are installed.

23.  Carlson Testing: Owners to receive 15% credit for profit & overhead. Contractor to follow up on final letter of approval.

24.  Electrical Utility Charges: Complete (Contractor to pay at end of job.)

03-24-05  Contractor is also responsible for water utility bills. These expenses will be addressed at the end of the project. (Owner to furnish utility billing information to Contractor.)

25.  Rinnai Certification: Complete pending certificate.

02-23-06  Contractor to furnish Owner with required documentation for tax credit.

29.  Siding:

10-13-05  The wood siding on the house has shown signs of staining. This has been noted on a number of occasions and was observed almost immediately after the exterior paint was applied. Some information regarding extractive bleeding and surfactant bleeding has been forwarded to both the Owner and the Contractor as possible explanations for the problem. The Owner has requested that the shingle material supplier be contacted and a remedy for the problem be proposed.

11-10-05  Contractor provided product literature on the type of paint to used on the shingles and the possible causes of staining. The material is being reviewed.

12-1-05  The Architect requests the shingle supplier come to the site and observe the effects of the apparent extractive bleeding. After reviewing the materials provided by the Contractor it was noted that the latex-based paint was applied in strict accordance with the manufacturers written instructions.

12-08-05  Contractor indicated arrangements would be made for the shingle supplier to visit the site to consider the problem with the shingles.

12-29-05  The Contractor indicated that oil based paint should have been used on the exterior. It was noted that the painter followed the instructions for finish coats supplied by the shingle manufacturer and submitted by the Contractor. The Contractor was responsible for the priming portion of the work. The Contractor supplied a Technical Data Sheet for a “Problem-Solver Wood Cleaner” (attached to these Meeting Minutes).

02-02-06  The Architect tested the tenacity of the tannin stains on the painted shingle surface and discovered that the stains can easily be removed with water and light abrasion, followed by a clean water rinse. It should be possible to remove most or all of the stains with a hose and brush. It is advised that the cleansing of the shingles be performed as soon as possible to avoid increased adhesion of the stain to the surface.

02-23-06  The Contractor will test clean a section of the shingle siding after concrete work at the driveway is complete.

03-27-06  The exterior walls have been washed. The majority of the extractive bleeding stains are no longer visible.

32.  Concrete Extras: Waiting for Change Order amount for omitting concrete corbels as specified on the Contract Documents. Skim coating of bad areas of exposed concrete still required.

02-16-06  Contractor delivered Change Directive for scope of work.

03-13-06  Contractor delivered Change Directive with supporting information.

42.  Recycling: Ongoing

45.  Gutters:

02-02-06  Contractor to submit revised Change Directive proposal for extension of downspout to connect with storm drain at south side of Living Room chimney (Change Directive #58).

02-23-06  Change directive approved by Owner. Contractor to make final connection between downspout and storm drain pipe.

03-23-06  The final downspout connection has been completed.

48.  Appliances:

12-29-05  Contractor to provide transition duct to resolve the rough-in conflict with the existing duct location. (HVAC subcontractor to coordinate.)

02-23-06  Appliances waiting for final electrical connections.

03-03-06  Final gas & electrical connection for range to be by supplier. Owner to coordinate.

62.  Sidewalk and Driveway: The driveway and sidewalk were damaged during the construction of the addition. The City holds the Owner responsible for maintaining sidewalks fronting their property. The necessary repair work to City standards shall be completed by the Contractor.

02-09-06  Sidewalk repairs will coincide with work on new driveway. Concrete subcontractor tentatively scheduled for Monday, 13 February.

02-23-06  Driveway work in progress.

03-03-06  Driveway ready to pour. Contractor to prepare & submit final Change Directive for revised driveway configuration upon completion of work.

03-23-06  The concrete flatwork is complete. The Contractor will provide gravel fill for the center drain slot and the edge of the driveway against the rock wall.

64.  Allowances:

12-22-05  Owner requests an accounting of the allowances expenditures to date on the project.

02-02-06  Contractor indicated they would update the summary of allowances at the next meeting.

65.  Lien Notices: The Owner has supplied a number of lien notices. The notices are being forwarded to the General Contractor. The Owner is to provide written waivers of Right to Lien from all suppliers and sub-contractors who have issued notices of Right to Lien.

12-08-05  Contractor reported they would obtain waivers of Right to Lien from all sub-contractors and suppliers who have given written notice of Right to Lien.

02-02-06  The Contractor stated that the collection of Lien Releases from suppliers and subcontractors was in progress, and should be complete within the next few weeks.

66.  Energy tax credit: The Owner requests a copy of the approved furnace specification indicating the Manufacturer and the Model Number. The Owner also requests the name of the subcontractor and the date of purchase. Similar information needs to be furnished for the tank-less water heater. (Information to be furnished by the HVAC subcontractor.)

68.  Exterior door thresholds: The aluminum thresholds at new exterior doors extend beyond the support of the floor structure. Contractor to provide solid pressure-treated wood blocking between threshold and concrete deck surface to support the threshold.

02-23-06  The threshold supports will be installed after the new concrete driveway slab is poured.

03-23-06  The threshold supports have been installed at the doors opening to the Patio. The wood support ledger has not yet been installed under the cantilevered aluminum threshold at the door opening to the driveway.