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HomeMy Public PortalAboutRE_ Gulfstream Renee Basel From:mark raymond <mark.raymond@mraymondlaw.com> Sent:Monday, November 21, 2011 2:46 PM To:'Danny Brannon' Cc:Bill Thrasher Subject:RE: Gulfstream Okay so we wait. Mark E. Raymond 4360 Northlake Boulevard Suite 204 Palm Beach Gardens, FL 33410 Tel.: 561-775-8440 Fax: 561-775-8442 Cell: 561-758-0930 Email: mark.raymond@mraymondlaw.com website: www.mraymondlaw.com -----Original Message----- From: Danny Brannon \[mailto:dbrannon@bngengineers.com\] Sent: Monday, November 21, 2011 2:36 PM To: 'mark raymond' Cc: 'Bill Thrasher' Subject: RE: Gulfstream Mark, I am working to firm up the route for the new underground. Easements, etc. We will then send the route out to the utilities to provide binding cost estimates which will take 4 to 6 months. Then we can bid the work which will take another 2 months. Then we will pay the utilities for Phase 1 and start construction. Bottom line, We will likely be able to complete phase 1 with the money we have. So we will not need the loan until around 8 to 12 months from now. If we can get a loan with draws as we need it, then we can proceed. If we have to take the money at the closing, then we probably want to wait. I am putting together a more detailed project schedule now. Danny P. Brannon, P.E. Brannon & Gillespie, LLC 12798 West Forest Hill Blvd, Ste 102 Wellington, FL 33414-4704 Office: (561)795-0833 - Cell: (561) 307-9454 Website: www.BnGEngineers.com -----Original Message----- From: mark raymond \[mailto:mark.raymond@mraymondlaw.com\] Sent: Monday, November 21, 2011 2:12 PM To: 'Danny Brannon' Cc: 'Bill Thrasher' Subject: Gulfstream 1 Danny: The validation is next week. What can you tell me about the project timing. I think the city collected around 3.1mm of assessments up front, but I am thinking the city wont want to let any significant contracts until it has cash/financing in place for the full project cost. I'll need about 4-5 weeks notice to get the financing put together. Mark E. Raymond 4360 Northlake Boulevard Suite 204 Palm Beach Gardens, FL 33410 Tel.: 561-775-8440 Fax: 561-775-8442 Cell: 561-758-0930 Email: mark.raymond@mraymondlaw.com website: www.mraymondlaw.com 2