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tt# i Tanst rurtinrt, Jnr. <br />GENERAL ENGINEERING CONTR CTOR <br />P.O. Box 169. CUCAMONGA, CA. 91-^-40 <br />LIC. NO. 336701 <br />PMoNE 909-9130-0034 PRESIDENT <br />Fax 909-9130-9623 WES MATHIS <br />July 12, 1993 <br />City of Colton Faxed to: 909-370-5154 <br />Hutton Center <br />660 Colton Avenue <br />Colton, Calif. 92324 <br />Re: Davis Park Improvement Project <br />Att,n : Eric Wood <br />Dear Eric <br />Your time and patience has been greatly appreciated working <br />with you to acquire the proper bonds on theabovereferenced pro- <br />ject. However, Indemnity Co. of Calif. per our bonding agent, <br />Crosby Insurance Co., Inc. continued to deny our bonding. They <br />also refused to let us have a bid bond for a project that we would <br />have been low bidder on, a project for $323,000.00 with a 20% pro- <br />fit for us. Therefore, this stops all cash flow and virtually <br />puts us out of business; <br />Again we thank you and wish we could have worked together on <br />the Davis Park Improvement Project. <br />Yours truly, <br />Wesley` T. Mathis <br />"President <br />WTM:cm <br />