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<br /> <br />. <br /> <br />. eniterv'i{{e <br />. ..1'" <br />" . 'Estajj8sfzeJ 18S7 <br /> <br />1880 !Main Street, Centervi{(e, 9dN 55038 <br />651-429-3232 or '1''''(651-429-8629 <br /> <br />September 9,2009 <br /> <br />Kristin Lukes. Director <br />Brownfields Development Unit <br />Minnesota DEED <br />322 Minnesota Street, Suite E200 <br />St. Paul, MN 55101-1351 <br /> <br />Re: Centerville Downtown Redevelopment <br />RDGP-07 -0004-o-FY07 <br /> <br />Dear Ms. Lukes: <br /> <br />We received your letter of June 30, 2009, with regard to the referenced grant project and <br />the question of whether the City will be able to proceed with the required elements of the <br />project before September 30, 2009. <br /> <br />We have met with our financial consultants and with our development partner, Beard <br />Group and conclude that the project cannot move forward by your deadline, given the <br />present economic conditions. Unfortunately we are a victim of the severe downturn in the <br />economy. As a result, we find the City in a situation that we must release the grant in <br />order that you may find a project that is able to use it under the tight timelines that are a <br />condition oftbis program. <br /> <br />We ask that you consider us for future grant funds as the economy improves. We will <br />back in contact as the situation changes and the project moves forward. Thank you. <br /> <br />Yours truly, <br /> <br />Mary Capra, Mayor <br /> <br />17 <br />