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10/O6/98 TUE 08:46 FAX 503 223 4606 MELVIN MARK COMPANIES <br />emo <br />To: Ed Einowski <br />~ <br />From: Craig R. Lewis - Project Manager <br />Date: 10/OS/98 <br />Re: Latest Budget Numbers and Add Aftemate #2 Information - per your request <br />Ed- <br />Enclosed are the latest Courthouse Square Budget Numbers. Please note that this budget refleds a <br />project with 258 parking stalls. Add aRemate #2 would bring the number of stalis to 324 (a full biock <br />~ subsurface parking level) which extends under the north end opportunity site. This is the component <br />we wouid like to address on Thursday. <br />I recently did a simple sensitivity analysis for add altemate # 2(soft costs are estimated), which I have <br />also included for your reference. <br />The final item relates to the property division befinreen the north end site and the remainder of site. The <br />parceling of this property is somewhat complicated, as Transit must own that walkway area on the very <br />north end of the bus mall and would have to grant an easement to the developer to constnict above <br />their walkway. <br />Cc: Billy Wasson <br />No Attachments <br />Via e-mail <br />I~ooz <br />• Paga 1 <br />