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03-08-10 Special Called Regular Meeting of the Fiscal Affairs Committee minutes
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03-08-10 Special Called Regular Meeting of the Fiscal Affairs Committee minutes
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City Meetings
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Fiscal Affairs Committee
Meeting Doc Type
Minutes
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3/8/2010
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<br />askins <br />& askins P.C. <br /> <br />ATIORNEYS and COUNSELORS <br /> <br />Knox W. Asldns <br />Clark T. Asldns <br /> <br />March I ~2009 <br /> <br />Ms. Pam Lester <br />Escrow Officer <br />stewart Title Company <br />9434 Old Katy Road, suite 230 <br />Houston, TX 77055 <br /> <br />plester@stewart.com <br /> <br />Re: East A Development LP, $150,000.00 Promissory Note <br />to La Porte Economic Development Corporation, <br />109 and 111 San Jacinto street <br /> <br />Dear Ms. Lester: <br /> <br />The balance due on the $150,000.00 Promissory Note from East A <br />Development, LP, to the La Porte Economic Development Corporation, <br />is $150,000.00 principal, and per diem interest of $20.54, from <br />October 29, 2008, to the date of payment. <br /> <br />Attached to this letter is wiring instructions for the title <br />company to send the payoff funds to the City of La Porte. <br /> <br />I have prepared a form of release of lien which the La Porte <br />Economic Development Corporation will execute and forward to you, <br />to be held in escrow against this payment, for your closing. <br /> <br />Please call me if you have any questions. <br /> <br /> <br />Yours very <br /> <br /> <br />~Skins <br />City Attorney <br />City of La Porte <br /> <br />(1Y\~ t9-v\ ~ ~/ <br /> <br />Development Corporation ~ <br /> <br />KWA: sw <br />Enclosures <br />cc: Mr. Ron Bottoms <br />Manager <br />La Porte Economic <br /> <br />bottomsr@laportetx.qov <br /> <br />EXHIBIT <br /> <br />702 W. Fairmont Parkway, P.O. Box 1218, La Porte, TX 77572-1218 <br />281.471.1887 phone . 281.471.2047 fax. knoxaskins@comcast.net . ctaskins@swbell.net <br /> <br />I <br /> <br />D <br /> <br />.A'"~~""""""'____~____"".__"".~'_"_'_._'_~______ <br />
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