From: Gerald Fisher

Sent: Tue Oct 20 15:15:29 2020

To: Christie DeSantis (Molalla)

Subject: FW: Molalla Bond Agreeement

Importance: Normal

Attachments: ~WRD0004.jpg;

 

FYI. If they fill one out then I have it electronically.

Regards,

Gerald Fisher, P.E. | Public Works Director

City of Molalla

117 N Molalla Ave. | PO Box 248 |Molalla, OR 97038

Office: 503.829.6855 | Direct: 503.759.0218

CONFIDENTIALITY NOTICE: The information contained in this email message, including any attachments, is for the sole use of the intended recipient(s) and may contain confidential and privileged information. Any unauthorized review, use, disclosure or distribution is prohibited. If you are not the intended recipient and have received this communication in error, please contact the sender by reply email and destroy all copies of the original message. Thank you.

From: Gerald Fisher

Sent: Tuesday, October 20, 2020 3:15 PM

To: 'Peter Krahenbuhl' <peter.krahenbuhl@simoncre.com>

Subject: RE: Molalla Bond Agreeement

Hi Peter,

It lasts until we accept the improvements. I can’t send it to you without a Public Records Request. You can submit one at the following link or contact IE and ask them for a copy. We have to follow the Oregon Records Law but are fine either way.

PR Request Link https://www.cityofmolalla.com/cityrecorder

Regards,

Gerald Fisher, P.E. | Public Works Director

City of Molalla

117 N Molalla Ave. | PO Box 248 |Molalla, OR 97038

Office: 503.829.6855 | Direct: 503.759.0218

CONFIDENTIALITY NOTICE: The information contained in this email message, including any attachments, is for the sole use of the intended recipient(s) and may contain confidential and privileged information. Any unauthorized review, use, disclosure or distribution is prohibited. If you are not the intended recipient and have received this communication in error, please contact the sender by reply email and destroy all copies of the original message. Thank you.

From: Peter Krahenbuhl <peter.krahenbuhl@simoncre.com>

Sent: Tuesday, October 20, 2020 2:39 PM

To: Gerald Fisher <gfisher@cityofmolalla.com>

Subject: Re: Molalla Bond Agreeement

Gerald,

I was circling back on the bond IE put into place for Leroy’s extension work. Performance bonds typically have a sunset date on them so they are not left open ended and work can’t go on forever by the GC. Can you check this bond to confirm how long I&E has on it?

This would give us an idea for our site how much time Karl has with an outside date if the worst case scenario were to happen? If it’s possible or allowed, we would like a copy of this bond that was put into place for our own assurance.

Thanks,

Peter Krahenbuhl

Vice President of Development

image

 

6900 E. 2nd Street

Scottsdale, AZ 85251

D: 480.887.0644 | M: 602.908.2945

O: 480.745.1956 | F: 480.588.4150

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On Sep 23, 2020, at 9:46 AM, Gerald Fisher <gfisher@cityofmolalla.com> wrote:

There is no agreement for Leroy. The agreement is for the ODOT improvements. The bond to the City remains in place until project is completed. A precon will be held tomorrow. I recommend you contact I&E Construction to verify what their anticipated schedule is for both the improvements under the City permit and the improvements to ODOT facilities. They will be a better source than the City for construction timing. Thanks Peter.

Regards,

Gerald Fisher, P.E. | Public Works Director

City of Molalla

117 N Molalla Ave. | PO Box 248 |Molalla, OR 97038

Office: 503.829.6855 | Direct: 503.759.0218

CONFIDENTIALITY NOTICE: The information contained in this email message, including any attachments, is for the sole use of the intended recipient(s) and may contain confidential and privileged information. Any unauthorized review, use, disclosure or distribution is prohibited. If you are not the intended recipient and have received this communication in error, please contact the sender by reply email and destroy all copies of the original message. Thank you.

From: Peter Krahenbuhl <peter.krahenbuhl@simoncre.com>

Sent: Tuesday, September 22, 2020 1:48 PM

To: Gerald Fisher <gfisher@cityofmolalla.com>

Subject: Molalla Bond Agreeement

Gerald,

I have not see the agreement I&E signed to bond the Leroy extension improvement other than you had mentioned it was around $800K. Does that agreement have a required completion timeframe? If so, when is that date or time frame for completion of Leroy need to be done by?

I am trying to figure out what the drop dead dates are for I&E so we can road map when we start knowing this.

Thanks,

Peter Krahenbuhl

Vice President of Development

<~WRD0000.jpg>

 

6900 E. 2nd Street

Scottsdale, AZ 85251

D: 480.887.0644 | M: 602.908.2945

O: 480.745.1956 | F: 480.588.4150

Website | Email | LinkedIn

The Latest News &Views from SimonCRE Insights