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Agenda Packet
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09-08-2025
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Agenda Packet
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C� D SIGN BUIL <br />Mr. Osei Amo-Mensah <br />Director of Planning and <br />Community Development <br />City of Paris <br />135 SE V Street <br />Paris, Texas 75460 <br />Our firm, Masa Design Build (masadesignbuild.com), has collaborated with the owners of <br />Palma Holdings, Ms. Alisha Rashid and Mr. Albert Gonzalez, on multiple residential <br />development projects of varying capacity over the course of approximately 5 years. Our <br />primary collaboration has been in the development of single-family housing units in <br />participation with other local government community development programs, specifically <br />the City of Dallas. We understand Palma Holdings intends to submit an application to the <br />City of Paris Community Development Department's 5 in 5 Infill Development Program for <br />the acquisition of ten (10) single-family lots for the development and construction of ten <br />(10) single-family homes. - <br />We have inspected the proposed financing structure, proforma, construction cost <br />schedule and proposed construction timeline and through our partnership will be serving <br />as the financing mechanism to Palma Holdings for the construction of the housing units <br />on the vacant lots acquired through the 5 in 5 Infill Development Program. <br />Our firm confirms that Palma Holdings has the capacity, resources and capability to <br />successfully complete the City's desired outcome of the development of new single-family <br />homes on selected lots within the parameters of the Program. I am available to answer <br />any questions you have related to Palma Holdings and this proposed project. <br />SinvpreAV <br />Nishad KoloP°ody <br />Managi rig Partner, Masa Design Build <br />Ph:405-243-3908/214-915-2899 <br />Email- Nishad@masadesignbuild.com <br />
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