From: 	Katherine Earley
To:	Betsy Beety;  David Margolis-Pineo;  Philip DiPierro
CC:	John Emerson;  Marc Spiller
Date: 	7/16/2010 2:54 PM
Subject: 	Re: Fwd: Farragut Street Completion

Hi:
My first question is why are we entertaining such a request?  not that I know this for certain, but once a performance guarantee is pulled isn't it a 'done deal', ie the developer no longer has any claim to it?  Phil - who in Corp. Counsel might verify that for us?
 
As for tracking out what work may have been accomplished; I looped Marc & John in to ask them whether they have a recollection (or could ask staff who were here then) of DPS performing any work out there after the PG was pulled.  And - David, you'll need to ask around to learn if Engineering contracted out any work to finish that project out.  I've no info on it myself.
Once we find out if anyone here at DPS knows about any work done out there by or thru us, we can start trying to track down financial records.
Kathi

>>> Betsy Beety 7/16/2010 2:00 PM >>>
Kathi,
Who would have any info on this?  I do not do anything with Performance Guarantees.  HTE shows $53,000 with nothing charged against it.
 
Thanks,
Betsy

>>> Philip DiPierro 7/16/2010 11:32 AM >>>
Hi Betsy, I've been asked to look into the status of the funds relating to a performance guarantee that was called on October 12, 2006 for work that the developer failed to complete on the Farragut Street extension project. After the PG was called the City deposited the money into Account #710-0000-233.91-01. I have attached a copy of the City's PG form for your reference.
 
The developer has contacted me to find out how much, if any, was spent to complete the project. Could you please tell me if the City spent any money to complete the project, and if so, how much? The developer would like any remaining funds to be returned.
 
This is a project that was approved and constructed before I started working for the City, and was being handled by Todd Merkle and Jay Reynolds, neither of whom work for the City anymore. Any help or guidance you could give me would be much appreciated.
 
Thanks.

 
 
Philip DiPierro
Development Review Coordinator
City of Portland Planning Division
389 Congress Street
Portland, Maine 04101

Phone 207 874-8632
Fax 207 756-8258