HomeMy WebLinkAboutBEAUCAIRE TREATMENT CENTER - PDP - 4-03 - CORRESPONDENCE - (5)Comm ity Planning and Environmentalvices
Advance Planning Department
City of Fort Collins
Lynette McClain, Executive Director
Beaucaire Youth Services
406 N. College Ave.
Fort Collins, CO 80524
RE: CDBG Committed Funds - $35,600 FY02-03
Dear Lynette:
January 30, 2003
Just wanted to send you a reminder letter on the status of the 302 Cherry Street
potential acquisition, since our department has just recently received routings of the
Development Review submittals for Beaucaire's proposed addition/remodel to this
property and the property at 1104 W. Laporte.
Based on your competitive process application, and our contractual agreement, the
commitment of CDBG funds of $35,600 is site -specific and is intended to assist in the
acquisition of the 302 Cherry Street property. The committed funds cannot be
"swapped over" to another Beaucaire project property (e.g., 1104 W. Laporte).
It's my understanding from our prior conversation that should the additional/remodel
not be approved for the 302 Cherry Street property, Beaucaire will not proceed with
the purchase of the property.
You have until September 30, 2003 to complete a purchase transaction on the property,
having successfully fulfilled all due diligence items, including funding commitment
letters from other funding sources (an "owner -carry" is not eligible).
Although we have asked Current Planning to keep us apprised of milestones, our office
needs to be informed at your earliest convenience, should Beaucaire decide not to
proceed with the purchase of 302 Cherry Street.
Sincerely yours,
Heidi Phelps, Administrator
City of Fort Collins
CDBG/HOME Programs
Staff Liaison to Beaucaire
cc: Bob Barkeen, Current Planning
Ruthanne Kastner, NRO
281 North College Avenue • P.O. Box 580 • Fort Collins, CO 80522-0580 • (970) 221-6376
FAX (970) 224-6111 • TDD (970) 224-6002 • E-mail: aplanning@fcgov.com