HomeMy WebLinkAboutCarmel Schwinn Cycling & Fitness - November 20, 1997 Carmel Schwinn Cycling & Fitness
912 S. Range Line Road
Carmel, Indiana 46032
November 20, 1997
Mr. James Brainard
Mayor, City of Carmel
City of Carmel, Indiana
One Civic Square
Carmel, Indiana 46032
Re: Exchange of Property in the Carmel City Center
Dear Mayor Brainard:
I am strongly interested in conveying to the Carmel Redevelopment Commission
the property on which Carmel Schwinn is located, in exchange for property located
within the Cannel City Center, and for an additional agreed upon cash payment. Upon
acquisition of the property within the Carmel City Center, I will construct a building
containing 13,000 square feet of retail space, and I will operate a bicycle shop in a portion
of the building and lease the remainder to compatible businesses. ,
While this letter evidences my strong interest in the above referenced transaction,
neither I nor the Carmel Redevelopment Commission will be bound until the
requirements of public disposition laws have been satisfied and until the Project
Agreement, of which you have provided me a draft,has been executed.
Sincerely,
Nick Kestner, Cannel Schwinn