04001 W Morehead Letter of Intent Response 2000.04.27

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April 27, 2000
Mr. Tony Duquee
Brownfields Project Manager, Special Redemption Branch
North Carolina Department of Environment and Natural Resources
1646 Mail Service Center
Raleigh, NC 27699-1646
401 Oberlin Road
Suite 150
Raleigh, NC 27605
Dear Tony,
Thank you for your letter of March 21, 2000.
Pursuant to your requests: item G, there are no parent companies, subsidiaries, or other
affiliates related to Addison Investments, LLC. Pursuant to item J, please find enclosed
the bank reference from Tim Ignasher of the Scottish Bank. Additionally, I have
enclosed the Phase One Environmental report that was conducted at 1310 West
Morehead Street, Charlotte, NC.
If you have any questions, please give me a call at 704/944-6165.
Sincerely,
Carter & Associates-ONCOR
Lawrence Shaw
LMS/jlw
Enclosures: Environmental Survey
Cc: Lamarr A. Phillips
Tom Griffin
Carter & Associates
201 South College Street, Suite 1510, Charlotte, North Carolina 28244, 704/944-6160 Fax: [phone] www.carterusa.com
ATLANTA • BIRMINGHAM • CHARLOTTE • GREENSBORO • JACKSONVILLE • NASHVILLE • ORLANDO • RALEIGH • TAMPA • WINSTON-SALEM

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April 27, 2000
Mr. Lawrence Shaw, Jr.
Carter and Associates
201 S College Street
Charlotte, North Carolina 28244
Re: Brownfields Funding
Dear Lawrence:
It is my understanding that the aforementioned agency has requested information regarding
the funding of the property located on 1310 W Morehead Street, Charlotte, North Carolina.
Please let this letter serve as evidence that you and Lamarr have the funding in place for the
Morehead property. We are delighted to participate in this loan and look forward to future
projects.
If the Brownfield's committee has any questions, I would be delighted to talk with them.
Please feel free to have anyone call me at 331-8686.
j Sincerely,
r
Timothy J. P. Ignasher
SVP/Chief Credit Officer
1057 Providence Road • Charlotte, NC 28207 • [phone] • Fax: [phone]