Sheet!
~ FOR AUDITOR'S OFFICE USE ONLY
LATE BILL FOR 12!21/01
WILL NEED A IiANDCFtECK
1P
VENDOR # INVOICE #
PAID TO: STODDARD CONSTRUCTION
AMOUNT: 525,766.73
EXPENSE CODE: 70-675-561
DESCRIPTION; Interest due on Phase 3 Kert County Crth
project (3'99-11'01)
INVOICE NUMB: 3'99-11'01/INTEREST
INVOICE DATE: 11/29/01
RECEIVED DATE: 12/12/01
DUE DATE: 12/21/01
~'~ DEC 1 2 200 _.
STODDARD Construction Company
12445 Old O'Connor Rd P O Box 33128 San Antonio, TX 78265 (210) 653-1324 F(210) 653-6127
November 29, 2001
Kerr County Auditor
700 Main Street
Kerrville, TX 78028
RE: Phase 3 Kerr County Courthouse
Dear Sirs,
Please accept this letter as billing for the interest due to Stoddard Construction Company for the
project referenced above. As has been previously documented, we have billed $19,563.78, for
the period through June 30, 2001, according to VERNON'S TEXAS STATUTES AND CODES
ANNOTATED GOVERNMENT CODE, TITLE 10. GENERAL GOVERNMENT SUBTITLE F.
STATE AND LOCAL CONTRACTS AND FUND MANAGEMENT CHAPTER 2252.CONTRACTS
WITH GOVERNMENTAL ENTITY SUBCHAPTER B.INTEREST EARNED ON RETAINED
PUBLIC WORK CONTRACT PAYMENT., PARAGRAPH 2252.032.RETAINAGE.
Since no payments have been made, I have also attached the calculations given to us by our
financial institution for the period of July 1-November 30, 2001. The amount due for this period of
time is $6,202,95. The figure will continue to increase in the amount of $1,240.59 for each month
after November that this balance remains unpaid.
The total amount owed and outstanding at November 30, 2001 is $25,7x6.73.
Please notify me as to the anticipated disbursement of these funds.
If you have any questions or need anything further, do not hesitate to call.
Sinc
R K Stoddard
Vice President
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