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requirements at once by transferring it out of City ownership. The risk to the City is minimal, since <br /> as the lien- holder it could retrieve the property if financial conditions are not met. <br /> If this proposal is of interest to Public Works and the City Council, the actual terms can be negotiated; <br /> the numbers used here are based on the rental payments CRCC is currently making and the general <br /> appraisal value for the property we have been using for the past year. The 36 months is probably <br /> cutting it a little close, given the amount of construction necessary before we can actually open to the <br /> public as a nature center and start building a track record, but is, I believe, possible. <br /> Thank you for your consideration of this proposal. I look forward to hearing from you soon and <br /> please feel free to contact me should you have any questions. <br /> ce -ly, <br /> �_ AV <br /> . t <br /> Louise A. S f. mel <br /> cc: City Council members <br />