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•--? 1 L•� E D 1?_ s i i h1 E F.' <br />January 9, 1991 <br />tfarty & Don: <br />RE: Park Acquisiti n <br />Birch St near Black Duck Dr <br />^S Alter` <br />h' <br />Following are a couple of financi:,g alternatives in addition <br />to those proposed Monday <br />Sale Price $60,000. <br />Down ?aymient 12,000. <br />48,000. <br />ortgage 4 years i0". 4 a,:nual payments o` St5,142.60 <br />inClud.ng principal & interest. No balloon. <br />B, 5 annual payments $12,0662.28 <br />These are exa:mpies ,J financing s'+b;ect to sellers �rproval. <br />Let's get tcgether soot and match the alternatives 'r.'it~ the <br />city's nee-- cn financinc. The .urrent option expires <br />January 15,":91. S-me direC hcull be `aken on this <br />tior S: �: <br />by then. <br />