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Richie, <br /> Thanks for the encouraging information on the park site. I'm glad it's <br /> moving along. In order to continue to pursue purchase of the site, I have a <br /> need to know specific timelines for completion of this deal. We are now <br /> under rather severe time constraints, and knowing how long this will take <br /> is a must. Here are the things I must know ASAP, no later than next Wed., <br /> 1/10. <br /> 1) What will the steps in the procedure be? By what date can each step be <br /> accomplished? <br /> 2) Will there be a "letter of intent" or RFP process? How long will this <br /> take and what wil the specific dates be? <br /> 3) What is your closest estimate as to when the property will actually be <br /> unencumbered by internal procedures and ready to sell? <br /> 4) What are the chances this will hit a stumbling block, either in terms of <br /> delay or stopping the procedure, at the City Mgr. or Council stage? <br /> 5) How will the purchase price be determined? (If this is judged as <br /> commercial property, for instance, we may have a problem. Our property <br /> budget is residential in character.) <br /> Any of these concern areas could cause us to need to seek alternatives, so <br /> you can understand my need to know specific dates. To be absolutely clear <br /> about this, we would need to submit for permits no later than March 1 in <br /> order to make our contract, and pushing it to that late date frankly scares <br /> the pants off me. This means the deal is closed, and we have had time to <br /> develop a site plan, etc., prior to March 1. <br /> As soon as I get some idea from you whether this timeline is feasible, I <br /> will complete my research on the property to make sure there are no hidden <br /> problems. Based on what we've done to date, I don't anticipate any. From <br /> the perspective of both the State and County DD services offices, the site <br /> is a good one and they are very interested in moving forward. There are no <br /> stumbling blocks to a speedy deal from our side, and the financing is in <br /> hand. <br /> Let me know if you need any further information, or if this memo needs to <br /> be more formally presented than email. <br /> John Wagner <br /> Page 2 <br />