139 Tuxedo Update

Dear Future Residents,

Welcome to your latest update for 139 Tuxedo.

Exterior Work – Masonry work is 100% complete on the North, East and West portion of the building. The South portion will be finished by month end. Stairs and wheelchair ramp are complete. The East asphalt contribution is well underway and scheduled to be completed by month end. Landscaping / patio stones install is scheduled to commence Oct 16th. The lobby and common room are 90% complete. Elevators are operational. Balcony railing install is scheduled for 3rd week of Oct. Karma deficiency walkthroughs are ongoing. Owner deficiency walkthroughs will commence upon possession.

2nd floor – All units with the exception of corner units are 100% complete including Karma’s internal deficiency walkthroughs. Corner units are 95% complete with finishing touches and internal walkthroughs remaining. Appropriate trades have been notified and touch up repairs are ongoing. Hallways and common spaces are 100% complete.

3rd floor – All units with the exception of corner units are 100% complete including Karma’s internal deficiency walkthroughs. Corner units are 90% complete with finishing touches and internal walkthroughs remaining. Appropriate trades have been notified and touch up repairs are ongoing. Hallways and common spaces are 100% complete.

4th floor – Electrical fixture installation is 95% complete. Plumbing fixtures and accessories are 90% done. Appliances are on site and 90% installed. Countertops have been installed in over 90% of units. Hallways and common spaces are 90% complete.

PH floor – Painting is 100% complete and taping is complete. Wood work is done in 100% of units. Cabinetry has been installed in 40% of units. Light fixture and flooring installation has begun.

We had previously inquired which residents were willing to forgo their 30-notice of possession condition. We have received several owners who have waived their 30-notice in order to receive an easier possession. If you are interested and have not already said so, please let us know. We are hopeful that the issuance of first possession dates will commence by month end. We will continue to keep you informed as we get closer to receiving our occupancy permits.

Sincerely,

Myles Kraut

President – Karma Development

139 Tuxedo Update

Dear Future Residents,

Welcome to your latest update for 139 Tuxedo.

Exterior work – We are currently working diligently to complete the masonry on the East portion of the building. The City of Winnipeg will not issue occupancy permits until the parking lot is paved. This requires all scaffolding and exterior building materials to be completed and removed off site. As a result, we have employed additional crews to work evenings and weekends in order to expedite this process. This does not affect any interior work and upon receiving our occupancy permits, floors 2, 3 and 4 will be move in ready. The parking lot contribution is scheduled to begin Oct 1st and weather permitting will take approximately 3 weeks. We anticipate receiving the necessary permits in the last week of Oct / first week of Nov with move ins following immediately. We will not be able to issue definitive possession dates until we have our occupancy permit in hand.

The wheelchair ramp on the south portion of the building is 100% complete with only the stairs remaining. Concrete pouring of the stairs will commence Friday Sept 13th. We are hoping to start a portion of the landscaping contribution before the first snowfall. Internal (Karma) deficiency walkthroughs have been completed for each unit on the 2nd and 3rd floor. Deficiency lists will be issued to individual trades next week and touch up work will commence shortly after. Residents will be contacted in the first week of Oct for their owner deficiency inspection.

2nd floor – 100% of cabinetry is complete. 95% of flooring is done. Corner unit painting, priming and finishing carpentry is 100% finished. Lighting fixtures are installed in all units. Plumbing fixtures are on site and 95% have been installed. Interior doors and hardware installation is 100% complete. 2nd floor common spaces are 100% painted with all light fixtures installed.

3rd floor – 100% of cabinetry is complete. 90% of flooring is done. Corner unit drywall is finished with 100% of the painting contribution complete. All units have lighting fixtures installed. 90% of Plumbing fixtures have been installed. 3rd floor common area is 100% painted with all light fixtures installed.

4th floor – Wood work and interior doors are 100% complete. All window casings have been installed. Painters are working diligently and have completed 100% of units. Corner unit drywall installation is complete and painting is 100% complete. 85% of electrical fixtures have been installed. Plumbing fixture install is 75% done. Common area is drywalled and the painting contribution 100% finished.

PH floor – HVAC units are installed in 100% of units. Drywall and taping is 100% finished. Painting is 90% complete and taping is complete. Wood work is done in 95% of units.

Sincerely,

Myles Kraut

President – Karma Development

139 Tuxedo Update

Dear Future Residents,

Welcome to your latest update for 139 Tuxedo.

Exterior work – We currently have 80 workers on site working daily. Masonry work for the South facing portion of the building is 100% complete, the West facing portion is 75% finished and the East facing portion is 60% complete. Acrylic detail throughout the building is 95% done, South ramp piles are now complete and the walls are prepped to be poured. Air conditioning units and gas piping on the roof is 100% complete. Steel roofing on gable roofs is 85% complete and 80% of the soffit has been install throughout the building.

2nd floor – 100% of cabinetry is complete. 85% of flooring is done. Corner unit painting, priming and finishing carpentry is 100% finished. Lighting fixtures are installed in all units. Plumbing fixtures are on site and 85% have been installed. Interior doors and hardware installation are 100% complete. 2nd floor common spaces are 100% painted with all light fixtures installed.

3rd floor – 85% of cabinetry is complete. 85% of flooring is done. Corner unit drywall is finished with 100% of the painting contribution complete. All units have lighting fixtures installed. 85% of Plumbing fixtures have been installed. 3rd floor common area is 100% painted with all light fixtures installed.

4th floor – Wood work and interior doors are 90% complete. All window casings have been installed. Painters are working diligently and have completed 85% of units. Corner unit drywall installation is complete and painting is 85% complete. 75% of electrical fixtures have been installed. Plumbing fixture install is 75% done. Common area is drywalled and the painting contribution 85% finished.

PH floor – HVAC units are installed in 100% of units. Drywall and taping is 100% done except for corner windows. Electrical and plumbing rough ins have passed all city of Winnipeg inspections. Painting is 75% complete and taping is ongoing. Wood work is done in 75% of units.

Many of you have inquired on the upcoming possession dates. We certainly understand the magnitude of 139 Tuxedo and how it effects the lives of our customers. We try to provide updates as accurately and timely as possible. Please understand that issuing a possession date is a moving target. There are multiple variables which come into play and it would be extremely harmful to issue an inaccurate possession date. At this time, we are very close to completion. However, we require several permissions and permits from various government organizations prior to doing so. Rest assured that all trades understand the severity of delays and are working diligently to complete their contributions.

It is important for us to ensure that ongoing work does not negatively impact our residents after possession has been take (i.e. common area, deficiencies, exterior work). We anticipate issuing definitive possession dates for the 2nd and 3rd floors within the next 30 days. As per your contract, we are required to provide 30-day’s notice prior to offering you a possession date. However, we may be able to expedite your possession date if you are willing to waive this notice. If this interests you, please respond to this email acknowledging that you do not require the 30-day notice. Please accept my apologies for the delay and do not hesitate to contact me anytime with any other questions or concerns.

Sincerely,

Myles Kraut

President – Karma Development

139 Tuxedo Update

Dear Future Residents,

Welcome to your latest update for 139 Tuxedo.

Exterior work – We currently have 80 workers on site working daily. Masonry work for the South facing portion of the building is 100% complete, the West facing portion is 60% finished and the East facing portion is 40% complete. Acrylic detail throughout the building is 85% done, South ramp piles are now complete and the walls are prepped to be poured. Air conditioning units and gas piping on the roof are 85% complete.

2nd floor – 75% of cabinetry is complete. 75% of flooring is done. Corner unit painting, priming and finishing carpentry is 100% finished. Lighting fixtures are installed in 75% of units. Plumbing fixtures are on site and 75% have been installed. Interior doors and hardware installation is 75%% complete. 2ndfloor common spaces are painted with all light fixtures installed.

3rd floor – 75% of cabinetry is complete. 75% of flooring is done. Corner unit drywall is finished with 50% of the painting contribution complete. 75% of units have lighting fixtures installed. 75% of Plumbing fixtures have been installed. 3rdfloor common spaces are 50% painted.

4th floor – Wood work and interior doors are 75% complete. Window casings are 75% installed. Painters are working diligently and completed 75% of units. Corner unit drywall installation is complete and painting is to commence following the 3rdfloor. 50% of electrical fixtures have been installed. Plumbing fixture install is to begin by week-end. Common area is 100% drywalled.

PH floor – HVAC units are installed in 75% of units. Drywall and taping is 100% done except for corner windows. Electrical and plumbing rough ins have passed all city of Winnipeg inspections. Painting is 75% complete and taping is ongoing. Woodwork is done in 75% of units.

Sincerely,

Myles Kraut

President – Karma Development

139 Tuxedo Update

Dear Future Residents,

Welcome to your latest update for 139 Tuxedo. By now, we were all hoping for winter to end but it looks like we may have to wait until next summer. All kidding aside, the cold weather has slowed our schedule down approximately 20%, however all hands are on deck working diligently. The foundation is 100% complete and we are very happy with the quality of work. Our north stairwell is 100% complete. The first floor elevators and both staircases are complete with the 2nd floor scheduled for a concrete pour this week. The sewer, water and storm water connections, both on and off site, are 100% complete. We are currently working on the disassembly, clean up and removal of foundation forms, making room for the erection of the steel superstructure (April 4th). Ongoing work includes surveying, scaffolding setup, permanent hydro and the temporary gravel road. All final building permits have been awarded to us by the City of Winnipeg. Throughout the summer we will see substantial completion of our project. Our goal is to have all exterior work completed prior to winter 2018, allowing our trades to work indoors while installing all interior finishings. At this stage we are projecting a late spring / early summer 2019 possession. However, weather permitting, we will be able to make up some time.

There are still a few people who have yet to sign off with Michelle. If you have not been in contact with her already, please contact her as soon as possible.

Sincerely,

Myles Kraut

President – Karma Development