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� . � . <br />Mr. Thomas Paschke <br />April 22, 2009 <br />Page 3 <br />We would like to meet with our reservation holders in the next three to four weeks, and <br />determine whether we have the required pre-sales. If so, we are prepared to move <br />forward as quickly as possible. Accordingly, I would like to understand whether the City <br />views this development in the same positive light that we do, and if so, what steps we <br />would need to take with the City to obtain municipal approvals. We have received final <br />approval for this project, and the Phasing does not change the overall footprint, <br />architecture, number of units, unit mix, or site improvements. At your earliest <br />convenience, please let me know when you might be available to get together and <br />discuss this further. As always, your assistance is appreciated. <br />Sincerely, <br />Alex Hall <br />Vice President <br />Development <br />AH/bls <br />