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a <br />whereby local contractor Marion Construcf om beind funded by h pri ateby <br />now. For some reason the pro~ect sl~pped g <br />sector (developer and his bank) to a COP method using "Certificates of <br />Participation", which means 10Q% public funding. I believe it is common <br />knowledge that when the publ f~ s~ ~ecome $200. ~nds a building the costs <br />almost double, e.g. $100 per sq <br />We learned soon after Berrey io Se~~ dta movi g target Ir ad that the <br />posts were being moved, so the dev p <br />replacement manager Melvin Mark Co. is now billing for substantially higher <br />fees because of the extended timee was a f rm c ntract, so the costs could be t <br />want to do the pro~ect unless ther <br />firmed up early on, so there are no surprises. Changing the rules, or the <br />financing method, when already underway, can be expensive, as you are <br />finding out. You are cutting back on the project that I had originally <br />delineated, and reducing the accommodation and parking, because of the <br />higher costs. Please remember, we proposed to build the entire facility for <br />$24,4M, including the day care and the north building. If there is time to <br />regroup on this, please call Jim McGregor at SABA, and we can get you out of <br />this. In the meantime I hear youcosts and have not~ ece vedico pen ation. I <br />proposal. Our team had similar , <br />imagine our similar check must be in the mail. <br />Seriously though, I know that you and R.G. and Randy have gone the <br />extra mile to make this complex project happen, and I hope you continue to <br />have the courage to let ie of the W odward & Bernste n artic~les, but the <br />communications becaus <br />important thing is that this is the ri and Rand t~ makei t h ppenu have the <br />dynamic key executive staff in R.G. y <br />Thanks to you, and Mary and Gary, for your leadership, as well as Luis <br />and his board. Hang in there, and the community will have a facility of which <br />we will all be proud. <br />Best Wishes. <br />Sincerely, <br />Geoffrey C. James <br />ARCHITEC'I' <br />forme~ly FALCON Architecture & Planning <br />OFFiCES IN OR~f'AN AND R'ASHINf.TON <br />P.O. Box 3215, Salem, Oregon 97302 TELEPHONE: (503) 352-9424 FAX~ (~~ 3~-~ <br />P.O. Box 238, Tenino, Washington 98589 TELEPHONE: (360) 264-2113 FAX: (360) 264-2~56 <br />