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THE VECTOR COMPANY 1204 KEN E SAW AV E N U E • K N OXV ILLE, TENNESSEE 37 9 19. ( 6 15) 5 88 •2435 April 14, 1967 Mayor I van Allen 68 Mitchell Street S.W. City Hall Atl anta, Georgia Dear Mayor Allen, I am writing this letter t o you as one of t he developers f or t he pr oposed low rent turnkey housing f or your city and at t he suggestion of Mr. Cecil Al exander wit h whom I have di s cussed our problem or st alemate as it now appears . So that you might be able t o more clearl y ~iew our posi tion I wil l attempt to give you a brief background : We and our real estate agents spent many hours and days scouring Atl anta f or the best possible sites from September to November 1966, and we final ly narrowed our findings to two; one of which is the Ekipper and Harwel l Road site. In earl y November we presented same to the Atl anta Housing Authority who together with the Regional Housing Authority gave us approval for same per copy of letter enclosed of November 21, 1966. I also wish to call to your attention the fact that the regional officials together with the project planner from HAA and two officials from Washington visited thi s site and all expressed their approval of same. Therefore, based on this approval, we proceeded to hire the firm of Good and Goodstein, Architects, Knoxville, Tennessee, who have been the Architects for fifteen to twenty Low Rent Housing Projects in the past five years, and therefore are cognizant of the requirements and procedunes of Low Rent Housing. The Architects, The Atlanta Housing Authority officials, the Regional Authority officials and ourselves have had many meetings during the past five and one half months in order to be able to present our preliminary proposal which we did on March 30, 1967. We have all worked together without any knowledge of there being any objection to the proposed location. We have spent between $30,000.00 and $35 ,000.00 in actual costs becsuse we were assured that the property was approved by everyone concerned and we have designed what we believe to be excellent apartments costing nearly $20,000.00 per unit. EARLS. WORSHAM• ME L V I N T. GOLD B ERGER. REA L ESTATE DEVELOPMENT

l �THE VECTOR COMPANY 1204 KENESAW AVENUE• KNOXV ILL E , TENNESS EE 37 91 9 . (6 1 5) 5 88• 2 4 35 April 14, 1967 Page Two We truly are very distre ssed that t he pr oject i s being hel d i n abeyance as we had set up a time schedule f or the various phases set up in the "'furbkey" program, one of which being t he "letter of intent " phase wherein we are then able to exercise our land option and t his stoppage pl aces our land purchase in a predicament as well as our aforementioned costs. We are aware of the great and urgent need f or this housing by the City of Atlanta and your desire to cooperate in every manner and we wanted you to know to what extent we had gone in attempting to help sol ve this housing shortage and of course we stand ready and willing to assist in whatever manner you think we might be able. Hoping rthat you will be able to solve this dilemna in the very near future. /,1/ ~ r."--c:i'"--f'.'d'e...J-.6-4.~..v-- The Vector Company MTG: ncd cc :M. B. Satt erfield Cecil Alexander E A R L S, W O R S HAM · M E LV I N T . GOLDB E R G ER· R E AL ES TAT E D E V E LO P M E NT - - ----t �