CHUBB GROUP OF INSURANCE COMPANIES <br /> Pioneer Tower, Suite 400, 888 S.W. Fifth Avenue <br /> Portland, Oregon 97204-2018 <br /> (503) 221-4240 <br /> March 30, 1993 <br /> Cathy Joseph <br /> City Of Eugene <br /> 777 Pearl Street <br /> Eugene, OR 97401 <br /> RE: Policy Number: 0005-16-81/000003 <br /> Date of Loss: 1/2/93 <br /> Company: Northwestern Pacific Indemnity Company <br /> Dear Ms. Joseph: <br /> Enclosed is the Appraisal we had done on the building that burned at <br /> Spencer Butte. The replacement cost of the building is reported as <br /> $42,019.00. We realize that in the actual bidding process with con- <br /> tractors the cost could vary. <br /> At this time we are prepared to settle the claim based on this ap- <br /> praisal. However, if you would prefer to put this project through <br /> your standard bid process, let us know. We could then delay the ad- <br /> justment until the bids are in. <br /> During our conversation we realized that the contents the City had <br /> stored in the building had never been addressed. We do have photos of <br /> the site, and can confirm any contents there were burned out of sight. <br /> If your personnel can determine what was located there please foreward <br /> an inventory of the items, so that too can be included in the adjust- <br /> • ment. • <br /> Please call us if you have any questions <br /> Sincerely, <br /> n� <br /> M. Patrick Mulligan <br /> Claimsnager <br />