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Page 2 of 2 <br />Assuming all moves forward as planned, entitlements from the City would be received in <br />Summer 2007 with construction commencing in the Fall and completion expected in Summer of <br />2008. <br />Please take a couple of minutes to look at the enclosed development plans. I look forward to <br />addressing any comments or suggestions you may have and earning your support for the project. <br />Sincerely, <br />Nick Kavayiotidis <br />Principal <br />Petra Realty Investors, Inc. <br />Tel: 510.676.4563 <br />Email: [email protected] <br />Enclosures: <br />Elevation drawing <br />Site Plan <br />