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ST0702-CS100415S I G�" () Z FORT WORTH & WESTERN RAILROAD A Tarantula Corporation Company April 15, 2010 City of Coppell Atten:Kenneth Griffin P.E. P.O. Box 478 Coppell, Texas 75019 Dear Ms. Lay This will confirm our phone conversation on (April 15, 2010) concerning payments on Invoice # (7542, 7688 and 7802) dated (11- 29 -09, 1- 30 -10, and 02- 27 -10) being over 90, 60 and 30 days past due respectively. Your business is important to us and we look forward to providing you rail service that will not only meet your expectations, but also help you grow your business. The service we provide to your company is on a promise to pay basis and the prompt payment of our invoices is critical to maintaining that service. Thank you for taking the time to discuss this matter with me. Your prompt payment of these invoices is appreciated. Sincerely, Wanda McDaniel Supervisor of Revenue Management 6300 Ridglea Place, Suite 1200, Fort Worth, TX 76116 -5738 Phone 817 - 763 -8297 Fax 817 - 738 -9657 Fort Worth & Western Railroad P. O. Box 122269 Fort Worth, TX 76121 -2269 To: City of Coppell Atten:Kenneth Griffin P.E. P.O. Box 478 Coppell, Texas 75019 Past Due Date 3/31/2010 Payment for this invoice has not been received and is now overdue. Please remit payment promptly to avoid penalties and interest. Amount Due Amount Enc. $6,300.00 Date Transaction Amount Balance 11/29/2009 INV #7542. Due 11/29/2009. Orig. Amount $640.00. Flagging No: 640.00 640.00 01/30/2010 1 INV #7688. Due 01/30/2010. Orig. Amount $4,720.00. Flagging 4,720.00 5,360.00 No: 2 02/27/2010 INV #7802. Due 02/27/2010. Orig. Amount $940.00. Flagging No: 940.00 6,300.00 3 CURRENT 1 -30 DAYS PAST 31 -60 DAYS PAST 61 -90 DAYS PAST OVER 90 DAYS Amount Due DUE DUE DUE PAST DUE 0.00 0.00 5,660.00 0.00 640.00 $6,300.00 Payment for this invoice has not been received and is now overdue. Please remit payment promptly to avoid penalties and interest. Fort Worth &Western Railroad P. O. Box 122269 Fort Worth, Tx 76121 -2269 wjm@fwwr.net Bill To City of Coppell Atten:Kenneth Griffin P.E. P.O. Box 478 Coppell, Texas 75019 Invoice Date Invoice # 3/30/2010 7925 Terms - Net 30 Days Outstanding Balances after 30 days will be charged a $25 late fee and finance charges of 1.5% per month P.O. No. Quantity Description Rate Amount Flagging Charges for MP 28.3 Fort worth Sub- CoppelI Road Project ID # 136 March 1 thru March 31 st 2010 880.00 880.00 Make Checks Payable to:Fort Worth & Western RR P.O. Box 122269 / Fort Worth , Texas 76121 -2269 Total $880 Terms - Net 30 Days Outstanding Balances after 30 days will be charged a $25 late fee and finance charges of 1.5% per month Fort Worth &Western Railroad P. O. Box 122269 Fort Worth, Tx 76121 -2269 wjm@fwwr.net Bill To City of Coppell Atten:Kenneth Griffin P.E. P.O. Box 478 Coppell, Texas 75019 Invoice Date Invoice # 2/27/2010 7802 Terms - Net 30 Days Outstanding Balances after 30 days will be charged a $25 late fee and finance charges of 1.5% per month P.O. No. Quantity Description Rate Amount Flagging -MP 28.3 Ft. Worth Sub. - Coppell Rd. Project ID No: 136 940.00 940.00 Make Checks Payable to:Fort Worth & Western RR P.O. Box 122269 / Fort Worth , Texas 76121 -2269 Total $940 Terms - Net 30 Days Outstanding Balances after 30 days will be charged a $25 late fee and finance charges of 1.5% per month Fort Worth &Western Railroad P. O. Box 122269 Fort Worth, Tx 76121 -2269 wjm @fwwr.net Bill To City of Coppell Atten:Kenneth Griffin P.E. P.O. Box 478 Coppell, Texas 75019 Invoice Date Invoice # 1/30/2010 7688 Terms - Net 30 Days Outstanding Balances after 30 days will be charged a $25 late fee and finance charges of 1.5% per month P.O. No. Quantity Description Rate Amount Flagging charges -JRJ paving - Project ID # 136 -MP 28.3 Ft. Worth Sub - Coppell Rd for Dec. 2009 Flagging charges -JRJ paving - Project ID # 136 -MP 28.3 Ft. Worth Sub - Coppell Rd for Jan. 2010 4,080.00 640.00 4,080.00 640.00 Make Checks Payable to:Fort Worth & Western RR P.O. Box 122269 / Fort Worth, Texas 76121 -2269 Total $4,720.00 Terms - Net 30 Days Outstanding Balances after 30 days will be charged a $25 late fee and finance charges of 1.5% per month Fort Worth &Western Railroad P. O. Box 122269 Fort Worth, Tx 76121 -2269 wjm @fwwr.net Bill To City of Coppell Atten:Kenneth Griffin P.E. P.O. Box 478 Coppell, Texas 75019 Invoice Date Invoice # 11/29/2009 7542 Terms - Net 30 Days Outstanding Balances after 30 days will be charged a $25 late fee and finance charges of 1.5% per month P.O. No. Quantity Description Rate Amount Flagging charges -JRJ paving - Project ID # 136 -MP 28.3 Ft. Worth Sub- Coppell Rd 640.00 640.00 Make Checks Payable to:Fort Worth & Western RR P.O. Box 122269 / Fort Worth , Texas 76121 -2269 Total ota l $640.00 Terms - Net 30 Days Outstanding Balances after 30 days will be charged a $25 late fee and finance charges of 1.5% per month