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~ <br />REAL ESTATE <br />November 20, 2001 <br />Mr. Mike Malone <br />City Manager of Paris <br />P.O. Box 9037 <br />Paris, TX 75461-9037 <br />RE: PARIS RETIREMENT VILLAGE - 76 Units Elderly (Proposed) <br />W. Washington St. (between 13th St. S.W. & 19th St. S.W.) - Paris <br />City Manager Malone: <br />742 E. Pipeline Rd. <br />Hurst, Texas 76053 <br />(817) 285-6315 <br />(817)285-7157(Fax) <br />Chamyinv@aot.com <br />We aze proposing to develop a 76-Unit Independent Living Elderly Development at the above <br />referenced location. <br />The proposed development will consist of 68 One Bedroom Units and 8 Two Bedroom Units, all <br />with a limited access gate and full perimeter fencing. <br />This development shall be very low density consisting of single story 4-plex and/or 6-plex <br />building configurations. Likewise, the development will have a lazge multi-purpose/dining room <br />with a fully equipped kitchen along with a small library and a health/excercise facility; all <br />dedicated to senior activities. ' <br />This development will also include a swimming pool, an out~ide picnic area, shuffleboazd play <br />area and walking/jogging path with sitting areas scattered throughout. <br />Financing will be secured through a combination of Tax Credits to be issued through the Texas <br />Department of Housing and Community Affairs in Austin and conventional funding. <br />Our demographic studies indicate a strong need for this type of a development in Paris. A letter <br />of support from you, specifically referencing this development at the address shown, would be <br />deeply appreciated. <br />RECEIVED <br />NOV262001 <br />JC/sp <br />CITY MANAGER <br />PARIS, TEXAS <br />Inveshnenls 0 Constructlon 0 Development 0 Managemenl 9 Sales <br />