HomeMy WebLinkAboutBEAUCAIRE TREATMENT CENTER - PDP - 4-03 - CORRESPONDENCE - (8)Commm / Planning and Environmental Se.
Advance Planning Department
City of Fort Collins
Lynette McClain, Executive Director
Beaucaire Youth Services
406 N. College Avenue
Fort Collins, CO 80524
RE: FY02 CDBG Funding — 302 Cherry Street
Dear Lynette:
July 1, 2003
I know that you have been working to find a functional solution for Beaucaire's use/purchase
of the 302 Cherry Street property. It's my understanding that within the last month, you were
actively pursuing primary financing for Beaucaire's acquisition.
This letter is to advise you that Beaucaire Youth Services has until Friday, August 1, to submit
documents reflecting proof of primary financing for purchase of the property. It is important
for us to begin working with your lender, so that we can obtain needed information. There
are several legal and financial processes the City needs to follow in order to bring the
necessary funds to closing.
If you do not complete a successful property purchase by September 30, 2003, the funds
committed to you will need to be reprogrammed and made available for the next Competitive
Process funding cycle.
Please continue to keep us informed.
Heidi Phelps, Administrator
CDBG/HOME Programs
City of Fort Collins
Staff Liaison to Beaucaire
CC:: Bob 11 rkeen, Current Plarining Department, City_ 1
Ruthanne Kastner, Neighborhood Resources Office, City of Fort Collins
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