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for a one hundred million dollar development. In addition, Stocco has extensive <br />management, sales, and marketing experience for several top real estate firms in <br />Twin City area. <br />What is the procedure for becoming a member of Gramercy Park <br />Cooperative? <br />Begin the procedure by completing a simple Reservation Agreement and <br />making a $200, totally refundable deposit. You will receive a Priority Number <br />based on the date and time of your Reservation Agreement. This number will <br />determine your priority for selecting an actual apartment home. <br />Before construction begins, you will complete an FHA Income Information form <br />to verify that you can qualify for the home of your choice. It will then be time to <br />select your color scheme, customizing your home so that it reflects your <br />personal taste. <br />After a financial commitment has been secured, you will be asked to <br />submit the share cost and sign the Subscription Agreement. Your money will <br />be refundable until the credit/income review has been completed and your <br />membership has been approved. <br />Page 46 <br />