.OTI4.OTI4

September 5, 1968 MrQ Dan E. Sweat, J r. Ci ty Hall At lanta , Georgia 30303 Re: Parcel C-1 Thomasville Urban Redevelopment Area Project Georgia R-22 Shopping Center Site Gentlemen: The Housing Authority of Atlanta is now offering for sale and redevelopment as a shopping center the above described property. We are sending a sales brochure which gives full details of the offering and the dimensions of the property. It contains 10.38 acres, or 452,232 square feet, and has a minimum established price of $330,000. The site is located in, but not dependent on, an area containing 400 new homes and a Public Housing Project of 350 units now under construction. The New Town in Town housing development will be started soon and ·is only a few blocks away . The terms of the offering are very favorable. The Redeveloper is required to make a 5% Proposal Deposit with his proposal. If the proposal is accepted, the Redeveloper has a year to sign the contract, at which time a total earnest money deposit of 20% is required. Then, if he wishes, he has six months in which to close the transaction. Proposals are to be opened in the office of the Housing Authority at 10 :·00 A. M. on February 5, 1969, and must be made on the forms to be furnished upon request by the Housing Authority . Very truly yours, 143.215.248.55 Philip E. Vrooman, ~hief Real Estate Disposition Section PEV:hcn Enclosure �