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ST0702-CS100415 SJ 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 Past Due P. O. Box 122269 Fort Worth, TX 76121 -2269 Date 3/31/2010 To: City of Coppell Atten:Kenneth Griffin P.E. P.O. Box 478 Coppell, Texas 75019 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 1 01/30/2010 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 1 -30 DAYS PAST 31 -60 DAYS PAST 61 -90 DAYS PAST OVER 90 DAYS CURRENT DUE DUE DUE PAST DUE Amount 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 Invoice P. O. Box 122269 Date Invoice # Fort Worth, Tx 76121 -2269 3/30/2010 7925 wjm @fwwr.net Bill To City of Coppell Atten:Kenneth Griffin P.E. P.O. Box 478 Coppell, Texas 75019 P.O. No. Quantity Description Rate Amount Flagging Charges for MP 28.3 Fort worth Sub - Coppell Road 880.00 880.00 Project ID # 136 March 1 thru March 31 st 2010 Make Checks Payable to:Fort Worth & Western RR P.O. Box 122269 / Fort Worth , Texas 76121 -2269 Total $880.00 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 Invoice P. O. Box 122269 Date Invoice # Fort Worth, Tx 76121 -2269 2/27/2010 7802 wjm @fwwr.net Bill To City of Coppell Atten:Kenneth Griffin P.E. P.O. Box 478 Coppell, Texas 75019 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 $940.00 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 Invoice P. O. Box 122269 Date Invoice # Fort Worth, Tx 76121 -2269 1/30/2010 7688 wjm @fwwr.net Bill To City of Coppell Atten:Kenneth Griffin P.E. P.O. Box 478 Coppell, Texas 75019 P.O. No. Quantity Description Rate Amount Flagging charges -JRJ paving - Project ID # 136 -MP 28.3 Ft. Worth 4,080.00 4,080.00 Sub - Coppell Rd for Dec. 2009 Flagging charges -JRJ paving - Project ID # 136 -MP 28.3 Ft. Worth 640.00 640.00 Sub - Coppell Rd for Jan. 2010 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 Invoice P. O. Box 122269 Date Invoice # Fort Worth, Tx 76121 -2269 11/29/2009 7542 wjm @fwwr.net Bill To City of Coppell Atten:Kenneth Griffin P.E. P.O. Box 478 Coppell, Texas 75019 P.O. No. Quantity Description Rate Amount Flagging charges -JRJ paving - Project ID # 136 -MP 28.3 Ft. Worth 640.00 640.00 Sub - Coppell Rd Make Checks Payable to:Fort Worth & Western RR P.O. Box 122269 / Fort Worth , Texas 76121 -2269 Total $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