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NOV-1~-00 10:20AM FROM-Melvin Mark Companies 5032234606 T-336 P.002/002 F-766 <br />~ <br />MELVIN MARK COMPANIES <br />n~ELV1N M~RK PROPERTIES • M[LViN ennRK BItOKERAGG CO. • MELVIN MARti CONSTRUCTIQN Cp, • MELVIN rnARK OEvELUPMENT CO. <br />November 15, 2000 <br />Dave Hays <br />2747 Pence Loop SE <br />Salem, OR 97302 <br />RE: Retainage Request <br />Dear Dave: <br />This Ietter is response to John Gremmel's November 2, written request for the rElease of <br />all but $100,000 of the project retainage_ As we have discussed, there are several <br />closeout itezxis we would like to see resolved before releasing retainage in this amoum. <br />Leonard and i feel that a substantial release of the retainage is in order, but we would like <br />to increase the arnount withheld to $225,000. <br />If this is acceptable, please confrm in letter form so we can process your request as <br />expeditiously as possible. Please feel free to contact me if you have any questions_ <br />Sincerely, <br />. ~~ <br />Craig R. ewis <br />Project 1V~anager <br />Cc: Billy Wasson <br />Jolm Whittington <br />77i SOUTHWEST COLUntBIA - PORTI,nNO, OREGON 97201 • T[~EPHONE: (5031 22J-a777 FAk: ISU.3i 22)-4606 <br />