Albert J. and Helen R. Desantis - Page 23

                                       - 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