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<br /> <br />JohnQHammons <br /> <br />INDL'STRIES <br /> <br />November 8, 2006 <br /> <br />Dan O'Leary <br />City Manager <br />The City of San Marcos <br />630 East Hopkins <br />San Marcos, TX 78666 <br /> <br />Re: City of San Marcos <br /> <br />Dear Mr. O'Leary: <br /> <br />Weare still in the process of working to finalize our numbers and hopefully bring <br />our project costs for our hotel closer to our original budget amount. Unfortunately, we <br />have not succeeded in the completion of that project yet. Accordingly, we had originally <br />been given an extension for our opt-out date to be November 9, 2006. At this time, we <br />would like to request an additional 60 days in order to continue working with our <br />contractors to value engineer and to bring our bids closer in line with our original budget. <br />Please acknowledge your agreement with this additional time request by signing as <br />indicated below. <br /> <br />Please let me know if you have any questions. <br /> <br />,- -- <br />.~-~:="'l--': <br /> <br />c.....-...- <br /> <br />John Q. Hammons <br /> <br />l~ <br /> <br />Very truly yours, <br /> <br />JQH:cc <br /> <br />cc: Steve Minton <br />Debbie Shantz <br />Scott Tarwater <br /> <br />Date: <br /> <br />Dan 0 'Leary <br /> <br />300 John Q Hammons Parkway. Suite 900 . Springfield, Missouri 65806 <br />(417) 864-4300. FAX (417) 873-3540 <br />