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795 116 <br /> . _ - <br /> - SECURITY BUILDING INC., <br /> sa October 25, 1982 <br /> P.O Box n67�hope �u m <br /> m�z7 ^/vaeo,r~ ,u^u" , <br /> Joseph L. Hansif, A|A <br /> P. O. Box 2615 <br /> Chapel Hill , N. C. 27514 <br /> Re: Orange County Jail Facility <br /> Hillsborough, N. C. <br /> Dear Joe, <br /> The owner has occupied the new addition for the Orange County Jail <br /> for several months and the retainage has remained at the 10% amount. <br /> During the contract signing stage, it was decided that the retainage <br /> would not be reduced when the project reached the So% stage. However, <br /> there was no discussion about t r=ducins the retainage when the owner <br /> occupied part of the building. <br /> Since the building has been occupied by the own=r, we are requesting <br /> that the retainage be reduced to 5% effective to the current application <br /> for a are enclosi ng nt which is attached. Assuming that this request will be granted, <br /> we p�Y�= ing th= application for payment with the SX retainage shown. <br /> c is a problem with approval of the S% retainage, we are <br /> Just '» case �h�, " <br /> d application with the 10% retainage. However, we are <br /> hoping that you will enclosing a �o�o» pPpot use the application with the 10% retainage shown. <br /> | will be happy to meet with you, the County Manager and/or the <br /> County Commissioners regarding this matter. If you should additional <br /> oo/tiqna\ <br /> information concerning the above, please feel free to contact m=' <br /> Yours very truly, <br /> O <br /> V�� /� <br /> Ward L. Setzer v <br /> Vice President <br /> Manager, Commercial Div. <br /> WLS/bjh -`.,, <br /> cc: Mr. Bill La,�j <br /> Enclosures <br /> . <br />