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Keen I Bui 1 di ng <br />It i important for the neighborhood that this building not be allowed to <br />sit vacant any longer. The neighborhood is still fragile. It needs a <br />cata yst to pull people into Monroe Park for the good reasons, not as <br />abse tee owners, but as investors for the future. Good reasonable <br />hopu ing is needed in the near downtown area. But, there has to be a real <br />visa le reason before we can effect any turnaround in the neighborhood. <br />I have enclosed a copy of our business plan for your consideration. <br />With loan money, we believed that we could be in full operation within <br />18 m nths; without it we sincerely believe we can still meet our 3 year <br />deadline. We would be willing to report to you regularly on our progress <br />and neet all stipulations we agree on. We are prepared to purchase the <br />prop rty immediately and hope that you will allow us to do so. <br />Thank you for your consideration. <br />Sin rely, <br />M <br />Sandra Kieffer for <br />Kieffer /Zimpelman Partnership <br />cc: H Robinson <br />Eugenia Schwartz <br />Enclosure <br />