- 23 - Petitioner applied a portion of the cost savings towards the construction cost of his home. The amounts of the cost savings from each construction project that were applied by Newtowne to petitioner's construction account in 1983 and 1984 as follows: 1983 Partnership Check Date Amount Saltergate I 2/23/83 $10,842.54 Saltergate II 6/30/83 42,942.03 Bethel Colony II 11/01/83 31,756.51 Owner's Check Request1 8/31/83 20,496.58 Total 106,037.66 1 See discussion infra. 1984 Partnership Date Amount Bethel Colony II/Park Place 2/84 $2,324.04 Bethel Woods 8/84 9,000.00 Park Place 7/84 9,457.15 OSOTL 7/84 10,686.61 Bethel Woods 7/84 13,300.00 Park Place 6/84 5,475.00 OSOTL 6/84 15,986.81 Park Place 5/84 15,000.00 Park Place/SAVKO 4/84 128,000.00 OSOTL 4/84 19,000.00 Park Place 4/84 9,671.40 OSOTL 3/84 24,499.98 OSOTL 3/84 15,000.00 Rivergreen 1/84 13,256.70 Park Place 12/83 10,000.00 Total 200,657.69 1 See discussion entitled "Construction of Petitioner's Home", infra.Page: Previous 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 Next
Last modified: May 25, 2011