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HomeMy WebLinkAboutA009 - Email from Legal Department dated January 25, 2022 - continued questions about security amount Voss, Diane From: Feilmeyer, Victoria Sent: Tuesday, January 25, 2022 5:09 PM To: Moore, Justin; Lambert, Mark Cc: Voss, Diane Subject: FW: Kingsbury's 5th Addition Attachments: Davis, Ryan - Second Revised Supplemental Agreement For Public Improvements Sidewalk Agreement.pdf Importance: High Justin: This still is not correct. Paragraph 3 says we are not releasing the $17,315 LOC that we currently have. Paragraph 7 says we are released "the existing $13,390 LOC to WW", which does not actually exist. Paragraph 7 needs to be modified. "Notwithstanding paragraph 3 above, the Clerk shall release $13,790 from the existing line of credit held by the City for the Kingsbury's Fourth Addition for "Sidewalk Pavement, PCC, 4" thick." Per Cesar's email, the only amount that overlaps is $13,790 (which is part of what we took with the Fourth Addition). Ames Victoria A. Feilmeyer Assistant City Attorney 515.239.5146 mains 515.239.5142.fu.1 victoria.feilmeyer@cityofames.org I City Hall, 515 Clark Avenue I Ames, IA 50010 www.CityofAmes.org I —Caring People — Quality Programs — Exceptional Service From: Moore, Justin <justin.moore@cityofames.org> Sent: Tuesday, January 25, 2022 4:57 PM To: Feilmeyer, Victoria <victoria.feilmeyer@cityofames.org> Subject: FW: Kingsbury's 5th Addition Importance: High From: Goodwin Law Office <goodwinlawoffice@fbx.com> Sent:Tuesday,January 25, 2022 4:56 PM To: Moore, Justin <iustin.moore@cityofames.org> Cc: Ryan Davis<ryan@wildwatercarwash.com>; Eric Thompson <elt@foxeng.com>; John Williams <jilliams@hpikeconst.com> 1 Voss, Diane From: Moore, Justin Sent: Wednesday, January 26, 2022 8:29 AM To: Feilmeyer, Victoria; Lambert, Mark Cc: Voss, Diane Subject: RE: Kingsbury's 5th Addition Thanks. I am going to get together with Cesar this morning at 9 to reaffirm all numbers. I will then send along to Bob the language you have below. Justin From: Feilmeyer, Victoria <victoria.feilmeyer@cityofames.org> Sent: Tuesday,January 25, 2022 5:09 PM To: Moore, Justin <justin.moore@cityofames.org>; Lambert, Mark <mark.lambert@cityofames.org> Cc: Voss, Diane <diane.voss@cityofames.org> Subject: FW: Kingsbury's 5th Addition Importance: High Justin: This still is not correct. Paragraph 3 says we are not releasing the $17,315 LOC that we currently have. Paragraph 7 says we are released "the existing $13,390 LOC to WW", which does not actually exist. Paragraph 7 needs to be modified. "Notwithstanding paragraph 3 above, the Clerk shall release $13,790 from the existing line of credit held by the City for the Kingsbury's Fourth Addition for "Sidewalk Pavement, PCC, 4" thick." Per Cesar's email, the only amount that overlaps is $13,790 (which is part of what we took with the Fourth Addition). Ames Victoria A. Feilmeyer Assistant ON Attorney 515.239.5146 main 1 515.239.5142 fix victoria.feilmeyer@cityofames.orgI City Hall, 515 Clark Avenue Ames, IA 50010 www.CityofAmes.org I —Caring People—Quality Programs Exceptional Service From: Moore, Justin <justin.moore@cityofames.org> Sent: Tuesday, January 25, 2022 4:57 PM To: Feilmeyer, Victoria <victoria.feilmeyer@cityofames.org> Subject: FW: Kingsbury's 5th Addition Importance: High i Voss, Diane From: Feilmeyer, Victoria Sent: Wednesday, January 26, 2022 9:12 AM To: Moore, Justin Cc: Voss, Diane Subject: RE: Kingsbury's 5th Addition If it is helpful, I think the message from Cesar yesterday (at 4:04 p.m.) verifies the amount. See below--his message to us indicated the following: Thank you for your analysis. The amount that can be released i�uplication Is $13,790 00 for 4" PPwalk: As you had indicated, we need to keep the financial Security for the 6" PCC Sidewalk, Domes and COSESCO. Do you need a letter from us or this email Is sufficient? Cesar Cintron, PE Civil Engineer II Public Works Department City Hall, 515 Clark Ave. I Ames, IA 50010 Hopefully, this helps. --Vikki Feilmeyer From: Moore,Justin <justin.moore@cityofames.org> Sent: Wednesday, January 26, 2022 8:29 AM To: Feilmeyer, Victoria <victoria.feilmeyer@cityofames.org>; Lambert, Mark<mark.lambert@cityofames.org> Cc: Voss, Diane <diane.voss@cityofames.org> Subject: RE: Kingsbury's 5th Addition Thanks. I am going to get together with Cesar this morning at 9 to reaffirm all numbers. I will then send along to Bob the language you have below. Justin From: Feilmeyer, Victoria <victoria.feilmeyer@cityofames.org> Sent: Tuesday,January 25, 2022 5:09 PM To: Moore, Justin <justin.moore@cityofames.org>; Lambert, Mark<mark.lambert@cityofames.org> Cc: Voss, Diane <diane.voss@cityofames.org> Subject: FW: Kingsbury's 5th Addition Importance: High 1