HomeMy WebLinkAbout1999-12-28 Applicant Ltr to OPH Re DA Escrow PaymentKANSAS CITY FACILITIES SERVICE OFFICE
28 Dec 99
THOMAS MELENA
CITY ADMINISTRATOR
CITY OF OAK PARK HEIGHTS
PO BOX 2007
OAK PARK HEIGHTS MN 55082 -2007
PROJECT: Oak Park Heights Carrier Annex
LOCATION: Oak Park Heights, MN 55082
SUBJECT: Development Agreement Escrow Payment
Dear Mr. Melena:
It is my understanding that as part of the Development Agreement requested by the City of Oak Park
Heights, the City has requested that the US Postal Service make payment into an escrow account, in the
amount of 125 % of the total cost of proposed Plan A and Plan B Improvements, which would include a
"security deposit" amounting to 25 % of the construction cost. 1 am requesting that you waive the requirement
for an escrow payment.
The USPS is an independent government agency with a well established reputation for delivering facilities
which meet or exceed the quality and timeliness standards set by jurisdictional authorities. The USPS
promises that all site improvements within its control, including required documents and fees (for work
outside the property lines), will be completed within two years of the date of work commencement, said work
to be in full accordance with the City of Oak Park Heights approved plans. As further assurance, the USPS
requires the General Contractor to provide a Performance Bond in the amount of 100% of the construction
cost, which would include all improvements covered in the Development Agreement. So, between the
General Contractor's Performance Bond, and the commitment of a self- insured agency of the federal
government, the City of Oak Park Heights should have all the assurance it needs that the work covered by
the Development Agreement will be constructed as promised.
I trust this will meet with your approval. Please feel free to contact Michael Schech, USPS Project Manager,
if you have any questions or require additional information. He can be reached at (918) 281 -2489.
Sincer ly,
LARR STONE
Ma ger
FSC1 0 1: LLS: MJSchech :mjs:securitydepositwaiverl .doc
cc: A -E, ASO, RES, D &C Prj File
5800 W 64TH STREET STE 100
OVERLAND PARK KS 66202 -4179
(913) 251 -2400
FAx: (913) 261-2510