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<br />--' <br /> <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />() <br /> <br />Legal Statement <br /> <br />Bidder: Phillips and Jordan, Incorporated <br /> <br />(1) Phillips and Jordan, Incorporated was awarded the sum of $819,598.00 <br />through mediation involving Spillman Development Group on May 20, 2005. <br /> <br />(2) Phillips and Jordan, Incorporated. is a corporation organized in 1959 and existing <br />under the laws of the State of North Carolina. We are currently registered and <br />licensed to do business in tifty (50) states and in the normal course of business, <br />the Company is subject to claims and litigation arising out of contract ,claims, <br />disputes and indemnification agreements. There is no current or pending <br />litigation involving any public or governmental entity. The company does not <br />have any outstanding judgments or liens. <br /> <br />(3) Phillips and Jordan, Incorporated has never filed bankruptcy. <br />