139 Tuxedo Update

Dear Future Residents,

Welcome to your latest update for 139 Tuxedo. I am please to inform you that the 5th floor stairwells are now 100% complete. All foundation work has been completed. The elevator shafts are now complete. Permanent hydro is up and running. With all of the prep work now complete, we have begun erecting the steel superstructure. This process should take approximately three months, during which time we will be installing all windows and glazing. Electric and plumbing will be underway shortly.

We would like to thank everyone who has successfully signed off on the selections of your finishing materials. It was a long journey for many, but we appreciate your efforts in completing your part for the end of May. For the few who still have items outstanding, Karma is working diligently with the suppliers to provide the information you require as soon as possible so that you can finalize your selections. For those who have not contacted Michelle or our suppliers thus far, your unit will be provided with the finishing materials found in our presentation centre.

We will begin contacting each of you next week to setup your final review meeting. We will begin with the 2nd floor and continue meetings with the 3rd, 4th and PH floors respectively. This meeting will be going over every selection made with each supplier to mitigate the risk of any errors. As well we will be confirming any changes that have been made to electrical, plumbing or framing in order to identify any final costs associated with those upgrades.

Sincerely,

Myles Kraut

President – Karma Development