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orig nal executed an accepted purchase agreement was dated August 8 with a closing to follow in 60 days which would <br /> hav been the end of last week. Because of the opportunity to apply for the federal funding it required a revised r <br /> agr ement, which I d afted and submitted to the owner for review last Friday. I believe it is acceptable to him and I should <br /> be ble to get his sig ature by tomorrow. Can will go ahead and submit the check request at this time or do you need to <br /> hav a copy of the re ised executed agreement? I wasn't sure where the most flexibility was or how we are on deadline <br /> <br /> far check request f r a check later this week? The check will need to be payable to Cascade Title and Escrow for the <br /> $20 000 -for pass t rough to the Evans. Cascade said they would defer the immediate recording and associated costs <br /> until the actual closin , so we don't have to wait for determination of those costs to be added to the request. Thank you all. <br /> Rus <br /> -----Original Messag <br /> rom: P ERSON Tish A <br /> ent: F iday, October 07, 2005 3:10 PM <br /> o: P ERSON Tish A; ROYER Russ C; CUTSOGEORGE Sue L <br /> c: H MLIN Peggy D; MEDLIN Johnny R; RISDAL Lacey L; PERRY Jeff J <br /> ubject: R :Evans parcel acquisition <br /> just talked w/ P gy. While it's a little out of the ordinary, we think it's perfectly appropriate to get a PO on the system <br /> t this point. Rus ,would you send Debbie a copy of the agreement when you finish it? Debbie, please go ahead on <br /> he PO after you et the agreement from Russ. <br /> uestions, or sug estions, anyone? <br /> -----Original Me ge----- <br /> From: PETERSON Tish A <br /> Sent: Wednesday, October 05, 2005 4:02 PM <br /> To: ROYER Russ C; CUTSOGEORGE Sue L <br /> Cc: HAMLIN Peggy D; MEDLIN Johnny R; RISDAL Lacey L <br /> Subject: RE: Evans parcel acquisition <br /> Just talked w/ Debbie Clark. Encumbering the $ apparently requires an actual PO on the system. Peggy will be <br /> back tomorro - I'd like to get her thoughts about the appropriate process, given all we're trying to accomplish. <br /> Peggy, fyi, he e's where we are today: (based on today's meeting of Johnny, Russ, Tish, Sue) <br /> Russ will writ the agreement to include non-refundable earnest money of $200k. <br /> Balance due i $605k, plus an amount to acknowledge the appreciation in the value of the property. Appreciation <br /> amount will in rease with each month, using 7% annual appreciation. <br /> Johnny would like to encumber the balance, but the four of us weren't sure about implications of encumbering vs. <br /> just appropria ing the $ within a specific project. I'm hoping you and I can chat tomorrow and then follow up with <br /> the group. <br /> Russ/Sue/Joh ny - of course flag anything I missed or messed up. Thanks <br /> -Tish <br /> -----Original Message----- <br /> From: ROYER Russ C <br /> Sent: Wednesday, October 05, 2005 3:47 PM <br /> To: CUTSOGEORGE Sue L; PETERSON Tish A <br /> Subject: FW: Evans parcel acquisition <br /> This was t e project number I was referring to. Do you think it is sufficient to encumber the total $800,000? <br /> $200,000 o be released now and the remaining $600,000 - $642,000 when we decide to close out the escrow. <br /> Let me kn w if you need a copy of the actual agreement once I get it prepared and executed -otherwise it will <br /> be in our quisition file and with the escrow office. Thanks. Russ <br /> -----Original essage----- <br /> From: CLARK Debbie D <br /> Sent: Tuesday, October 04, 2005 10:05 AM <br /> To: ~ HAMLIN Peggy D <br /> Cc: SCHOENING Mark A; ROYER Russ C; MEDLIN Johnny R; RISDAL Lacey L; COREY Kurt A; RICHARDSON Philip S; <br /> CARLSON Becky A; PETERSON Tish A <br /> Subject: j FW: Evans parcel acquisition <br /> 3 <br /> <br />