1234, Main Street
Boston, MA 02123
06 April, 2005
<Recipient Address Goes Here>
This letter is to confirm our agreement regarding payment for the property damage you have suffered. I understand that the total cost of repairs to your property is <$ amount>. Pursuant to our agreement, I will pay for said repairs as follows: <terms>
Thank you for your cooperation and assistance in getting this matter resolved. If you have any questions about this payment plan, or if the plan I have set forth does not represent your understanding of our agreement, please contact me immediately.
encl: <List of enclosed items goes here>