Box 3, Folder 6, Document 10

Box 3, Folder 6, Document 10

SRITY of tHe city of ATLANTA, GEORGIA

~ 824 HURT BUILDING « ATLANTA 3, GA, «© JACKSON 3-6074

September 5, 1968

Mr. Dan E. Sweat, Jr.
City Hall Re: Parcel C-1

Atlanta, Georgia 30303 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,

Philip E. Vrooman, Chief
Real Estate Disposition Section



PEV:hen
Enclosure