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14 DERBY SQUARE - BUILDING JACKET 14 DERBY SQUARE rJ UPC 10330 No. 153L HASTINGS. MN Vy"" �- i �. �� • ' ' STUDIO, INC. April 6, 1999 Mr. Peter Strout Building Inspector City of Salem,MA 01970 Dear Peter, It was a pleasure meeting you last week. I want to thank you for taking the time out of your schedule to come by and visit our office to share with me your concerns and about the future of this building at Derby Square. The afternoon meeting at the Chamber of Commerce was also helpful and enlightening. It was very interesting to hear what Michael Greenstein and Craig Wheeler had to say about the future of Salem as well as to bear their thoughts and concerns about the redevelopment of this building. I share the city's view of this building as an essential key to the reinvigoration of the Derby Square area. My partner, Frank DiMonda and I are committed to investing the necessary energy and all available resources to ensure that this goal becomes a reality. As promised, I am enclosing for your review and records an outline of repair work to the Higginson Block building. Attached also is an approximated schedule for the completion of those projects. Also, I thank you in advance for your response to the bank's concern regarding the ADA compliance issue. I have enclosed for your convenience the name and address of the bank's officer who is facilitating this transaction. Frank is a very nice man who has worked very diligently to get us to this point. If you would,please feel free to forward the letter directly to him and just send a copy to my office for the files. Our revised closing date is now April 15. All paper work must be completed in advance of that date. Once again, I thank you very much for your time. Best regards, .z Michael Blier,Trustee Higginson Block Realty Trust 14 Derby Square, 3rd Floor, Salem,MAO1970 phone 978 745-7181 fax 978 740-2823 email mblandworks®email.msn.com ►� • = ' STUDIO, INC. Higginson Block Realty Trust Higginson Block Building 14 derby Square Salem,MA 01970 RENOVATION ITEMIZATION AND APPROXIMATED SCHEDULE FOR WORK- outline Demolition and disposal of existing partition walls and debris as necessary throughout the building. estimated cost $2,500 Approximated completion date: May 15, 1999 Removal and disposal of knob and tube electrical system on 2nd 3`a and 4th floors of north building estimated cost: $3,000 Approximated completion date: May 15, 1999 Installation of Sprinkler System, hardwired fire alarm, emergency lighting estimated cost: $33,000 Approximated completion date: June 30, 1999 Construction of fire stair enclosures as required,miscellaneous carpentry associated with entrances to individual office suites, renovation of Derby Square lobby. (Design, Drawings and implementation to be completed by S. Magnuson Associates Architects,Manchester, M. Estimated cost: $35,000 Approximated completion date: July 31, 1999 New electrical service to 2d, 3`a and 4h floors of north building with independent circuit boxes at each suite level estimated cost: $15,000 Approximated completion date: July 31, 1999 Total estimated cost of Phase One improvements: $88,500.00 ADDITIONAL PROJECTS THAT WE VIEW AS CRITICAL, AWAITING NECESSARY FUNDS: Removal of existing freight elevator/installation of new holeless hydraulic elevator estimated cost: $115,000 Approximated completion date: ASAP Exterior facade improvements: Window replacement,Miscellaneous wood work Estimated cost: $100,000 Approximated completion date: ASAP Male and female ADA compliant washrooms within each office suite Estimated cost: $55,000 Approximated completion date: ASAP Total estimated cost of Phase Two improvements: $270,000.00 14 Derby Square, 3rd Floor, Salem,MA 01970 phone 978 745-7181 fax 978 740-2823 email mblandworks®email.msn.com r . Frank Davis Ustrust Bank 30 Court Street Boston,MA 02108 617 716 7000 FltE/C O. COPY ;T� ?o 2 012 v CERTIFI 7E OF OCCUPANCY11 Issued. Pwmd It �. CITY OF SALEM Cityof Salem Buildin e 5 SALEM, MASSACHUSETTS 01970 4/ t� �p XI.e, 1f l a l ) FEBRUARY 23 00 1016-2000 DATE irv28TREfgrIr NO. SCOTT PITT ADDRESS (NO) Ic°N'R— sL�cuml APPUCANT MAI 01944 978-326-8361 MANCHESTER TEL.No. STATE__21P CODE CITU - NUMBER OF 1 - ALTERATION HIGGINS BUILDING DWELLING UNITS�� sroQ� . .. CiUP� a RE - DUSEI PERMIT TO 4 ING T , AT(LOCOON) jt., ! - ANO �ICRoSS STREET) WTWEEN (CFOssSTREET) -MAP 3sLOT 2, LOT 0006063 SQ FT 023 BLOCK IZE SUBDMSION _ BUILDING IS TO BES—��.WIDE BVD FT.LONG BV_��FT.IN HEIGHT AND SNALL CONFORM IN CONSTRUCTION TOTVPE�---�- �OROUP� BASEMENT WALLS OR FOUNDATION - -RypE) INTERIOR BUILD OUT PER PLANS SUBMITTED. ((HI681 S BLOCKJOILDING. T. J. S. iiEM 3 SO 30 DA''1✓ J !l I0e, 000 PERMIT 1085. 00 -AAEADR - ESTIMATEOCOSTP VOLUME (Cu- SDU s ETI HISIBINSON BLOCK REALTY TRUST dUiLDiNGDEPT. T. J. S OWNER BY � _ BV ADDRESS -