P-NO NUMBER 20
80,3 w. 3rd Street
Los Angeles, 90048, CaJ.it.
March 20, 197,
Honorable Parking Authority
City of Santa Monica
City Hall
Santa Monica, California, 90401
Gentlemen:
I 'UIlderstand that there is a possibility of a sale for the lot
located at the corner of 4th and Broadway, Santa MOnica. I would
like to submit an offer to purchase this lot. I also 'UIlderstand,
in talking to Mr. Jim Wren and Mr. Jim Williams at various tims,
that it is uncertain as to whether the property would be sold for
private use, or possibily used for some other City purpose.
My reason for making this mention, is that it I were to purchase
this property, it would be nec.sssry that I oonclude the P\ll'll~41!!!!!f!!"
' , due to contingent committments I have ma e.
, erefore, a quick response would be necessary.
Enclosed please find m:y check in the amount of $8000.00 which is
10% deposit on the total purchase offer of $80,000.00. In making
this offer of $80,000.00 for this property, I wish to point out
that due to restrictions set forth by Coastal Commission, the limited
use of this property has been seriously affected and future develop-
ment would include a great deal of risk. . ~
.
Respectfully,
JS:rs ~~
enc.
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