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Mike Infurna <br /> From: Marty Hartzell [HartzeM@rb5s.swrcb.ca.gov] <br /> Sent: Monday, June 11, 2001 11:24 AM <br /> To: dlofstrom@phs.hs.co.san-joaquin.ca.us; minfurna@phs.hs.co.san-joaquin.ca.us <br /> Cc: Cori Condon <br /> Subject: ranch market <br /> Hello Mike and Dottie, <br /> I just reed a call from Secor (Jim Grasty) stating that they would not <br /> be able to enter into a pay for performance agreement for the subject <br /> site. Secor is unable to put up the 400-500K performance bond as <br /> required by the Fund. We will return to the time and materials <br /> agreement already in place. Marty. <br /> 1 <br />