My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
08-19-13-WS
ArdenHills
>
Administration
>
City Council
>
City Council Packets
>
2010-2019
>
2013
>
08-19-13-WS
>
08-19-13-WS
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
8/16/2013 11:01:17 AM
Creation date
8/16/2013 9:28:56 AM
Metadata
Fields
Template:
General
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
67
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
SITUATION <br />of2PineTreeDriveProperty(5story,227,135SF,40.68acres) <br />Shortlyafterthe-z·äxapprovalof.;·w;xconditionalusepermit,thepropertyowner <br />approachedBethelandexpressedtheirintenttomarketandsellthepropertybyDecember <br />31,2013.Bethelseemedtobethemostlikelypurchaserandoneforwhomthebuildingsand <br />groundsarewellsuited. <br />TheopportunitytopurchasethispropertyallowsBetheltoreimagineitsCampusMasterPlan <br />andhowbesttomeetitsfacilitiesrequirements. <br />th <br />OnJuly26Bethelandtheowneragreedinprincipleonthetermsandconditionsforasaleto <br />closebytheendoftheyear. <br />ThebuildingwillcontinuetooperateasamultitenantbuildinguntilBethelcanphasein <br />andfunditseventualfulluseofthebuildingoverthenext515years. <br />Currentthirdpartyleasestotalapproximately34,432SF. <br />Bethelwillimmediatelyproceedwithitsuseof26,000SF. <br />CountryFinancialwillleaseapproximately31,500SFfor5+years. <br />Immediateoccupancywillincreasefrom35%to50%. <br />Betheltoobtainnecessarycityapprovalsandfinancing. <br />August19,2013 <br />2 <br />
The URL can be used to link to this page
Your browser does not support the video tag.