Tuesday, June 26, 2007

Sorry for the delay in posting. This was the update from over 1 week ago.

Todd

Dear Neighbors:


As of this past Wednesday, all three of the new risers were completed. On Thursday our contractors performed an "air test" on each riser to check for leaks. This involves putting a temporary pressure gauge on the risers, putting pressurized air into the risers and leaving it overnight. This air test was already done by the contractor on the basement piping. If the risers hold the air overnight, then the risers will be pressure tested again, but this time as a whole together with the basement piping, on Friday, June 15, 2007 (this too is done with air).

On Monday morning, assuming there are no leaks from the weekend pressure test, our contractor will contact Con Edison to get specifications from Con Ed as to what size permanent meters will need to be installed on the new system. These specifications will allow the contractor to install the necessary additional piping to lead to those meters. Once that is completed, the contractor will contact ConEd again, this time for ConEd to perform a pressure test and, if the system passes this ConEd test, permanent meters will be installed by ConEd. Following that, we will be in a position to determine with ConEd's input when to shut the gas down and start testing apartment branch lines.

As of now, assuming no problems or delays, we may still make the rough target of the week of July 2nd for a gas shut down. However, that could slip a bit to the extent anything is delayed, or to ensure reasonable advance notice of the shut-down date. But, for now, you should still loosely target the first week in July for the gas shut-down.

We will continue to keep you posted as the project progresses.


The Board of Directors

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