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January 7, 1992 Marilyn Almero Grants and Program Planning Oregon State Parks and Recreation 525 Trade Street SE Salem, Oregon 97310 Dear Marilyn Almero: Several weeks ago I indicated I would know more about the scope of the final phase of the Maurie Jacobs Park project and be submitting for the first in- termediate payment, as described in point 2 on page 2 of the Maurie Jacobs Memorial Park agreement. The amount requested at this time is $57,135.00. The amount of the request was calculated as follows: Donations received as of 6/30/92 $125,161.81 Interest on donations for FY 90 - 92 16,011.97 City in -kind materials and services for FY 90 - 92 19,419.66 Value of services donated after 7/1/89 1,966.12 Systems development funding for eligible portions 19,574.00 Total local contribution $182,135.56 State of Oregon -- advance payment (6/19/91) $125,000.00 Balance eligible for State match at this time: $57,135.56 We expect to make our "second intermediate" or final request in June, 1993. We are certain at this point that we not accomplish all that had been pro- posed at the onset of the project. However, the final billing would be for more than the $6,000 retainage figure referenced in point 4 of the agreement, payable upon satisfactory review of our records by the State. If the second billing should be for less than $20,000, I would propose that City accept all remaining amounts due to be considered retainage in the interest of reducing paper work. For your information, the actual expenditures on this projects are summarized below: Charges to the Maurie Jacobs Trust Fund for contract pay- ments, various professional services, misc. materials and $251,709.67 services as of 9/30/92 Charges to systems development fund as of 9/30/92 19,576.00 In -kind City of Eugene materials and services as of 6/30/92 19,419.66 Total $290,705.33