HomeMy WebLinkAboutLetter from ABDARafael Cabezas
Emeritus Chairman
Mariano Cruz
Chairman
Angel Gonzalez
Vice -Chairman
Guillermo Novo Sampol
Treasurer
Rodovaldo Valdes
Secretary
Directors:
Acela Rios
Manolo Fernandez Cano
Obed Jauregui
Jose A. Echevarria
Antonio Acosta
Heriberto Fonseca
STAFF
Xiomara Pacheco
Executive Director
BUSINESS DEVELOPMENT AUTHORITY, INC.
February, 8, 2011
Mr. George Mensah, Director
City of Miami Dept. of Community Development
444 SW 2"d Ave., 2nd Floor
Miami, FL 33130
Dear Mr. Mensah:
We are hereby requesting an extension to commence construction on the
properties located at 1264 NW 31st St., 790 NW 29th Terr., 3245 NW 11th Ct., and
3255 NW 11th Ct., Miami, FL 33142. On the property located at 1264 NW 31st
Terr. to commence construction June 1, 2011 and to complete construction
December 30, 2011, on the property located at 790 NW 29th Terr. to commence
construction on January 1, 2012 and to complete June 30, 2012. On the
properties located at 3245 NW 11th Ct. and 3255 NW 11th Ct. to commence
construction July 1, 2012 and to complete construction December 2012.
The reasons for requesting these extensions have been delays incurred by the
private bank providing construction costs in processing the loan application.
Associated with the above mentioned request, we are hereby requesting an
extension for the $100,000. In HOME CHDO funds for housing operating
expenses, associated with the development of the mentioned affordable
homeownership units.
Appreciating your attention to this matter, I remain
Sincerely;
li I/" ' ',p/V1J 47/1-e
Mariano Cruz
Chairman of the Board
2I 4 NW 21 Tprr Miami FI 33147 -Ph• 305-6:15-1561 -Fax: 3O5-634-6124 email: abdainceallaoattahbusiness.com