ST0701-CN090826PACTRUST
Pacific Realty Associates, L. P.
15350 S.W. Sequoia Pkwy., Suite 300
Portland, Oregon 97224
503/624-6300 • Facsimile: 503/624-7755
~ ~~ ~~ ~
~ '~
August 26, 2009
Mr. Ken Griffin
City ofCoppell -Engineering Department
255 Parkway Boulevard
Coppell, Texas 75019
Dear Mr. Griffin:
Re: Southwestern Boulevard
18801 S.E. Mill Plain Boulevard, Vancouver, Washington 98683
Purchase Agreement ("Agreement") between City of Coppell (the "City") and PW
Commerce Center, LP, a Texas limited partnership (the "Company")
Earnest Money Invoice
Pursuant to Section 3.4 and Exhibit "C" of the Agreement, please consider this your
invoice for Earnest Money in the amount of $214,168.09. The total Earnest Money
amount due is determined as follows:
Per the requirements of section 3.4 of the Agreement, included with this Invoice are
copies of the fully executed construction contract, certificate of insurance, payment bond
and performance bond. Please remit payment within thirty (30) days of receipt of this
invoice payable to:
PW Commerce Center, L.P.
15350 SW Sequoia Parkway, Suite 300
Portland, OR 97224
If you have any questions regarding this invoice or need any additional information,
please don't hesitate to contact me directly at (503) 603-5492, or by email to
matto@pactrust.com.
Mr. Ken Griffin
Page 2
August 26, 2009
Very truly yours,
PACIFIC REALTY ASSOCIATES, L.P.
Matthew H. Oyen
Construction Manager
Encls.
cc: Benjamin Chessar (w/o Encls.)
Keith Marvin (w/Ends.)
Barbara Nelson (w/o Encls.)
Maurine Consatti (w/o Encls.)
PACTRUST 15350 S.W. Sequoia Pkwy., Suite 300
Portland, Oregon 97224
Pacific Realty Associates, L. P. 503/624-6300 • Facsimile: 503/624-7755
July 16, 2009
Mr. Ken Griffin
City of Coppell -Engineering Department
255 Parkway Boulevard
Coppell, Texas 75019
Dear Mr. Griffin:
Re: Southwestern Boulevard
18801 S.E. Mill Plain Boulevard, Vancouver, Washington 98683
Purchase Agreement ("Agreement") between City of Coppell (the "City") and PW
Commerce Center LP a Texas limited partnershi~(the "Company)
Recommended Bid
Pursuant to Section 3.3(a) & (b) of the Agreement, enclosed are copies of the four bids
received for the City Project, the Company Project and the Water Line Project along with
the bid comparison summary. Based on our review, the Company recommends that we
accept Lacy Construction's bid proposal. The following is a summary of the Lacy
construction bid proposal for the City Project, the Water Line Project and Non-project
items as outlined in Section 3.1(b) of the Agreement:
the City Project $1,337,382.56
the Water Line Project (50% of Cost) $19,605.70
Sidewalks and other Non-Project items $70,799.02
Total $1,427,787.28
Per the requirements of Section 3.3(b) of the agreement, please review the Recommended
Bid within 10 business days. If you are in agreement with the Recommended Bid, please
sign the enclosed duplicate of this letter and return it to me.
Very truly yours,
PACIFIC REALTY ASSOCIATES, L.P.
___-----
Matthew H. Oyen
Construction Manager
Mr. Ken Griffin
Page 2
July 16, 2009
Encls.
cc: Benjamin Chessar (w/o Encls.)
Dick Buono (w/o Encls.}
Keith Marvin (w/Encls.)
REVIEWED AND AGRE TO
this _~_ day of L , 2009
City of Coppell
I
By
Name ~
Title e L