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Georgetown Plaza-CS 890714 CoppeJl, Texas 75019 MARK WOLFE ~ice ~ the May= July 14, 1989 FEDA 5080 Spectrum Drive Ste. 1200 E Dallas, Texas 75248 att: Tom Zimerman P.O. Box 478 Coppell, Texas 75019 214 - 462 - 0022 Dear Mr. Zimmerman: I understand that you are in consideration of the Coppell Medical Clinic and/or other parties with their o~fer for the Georgetown Shopping Center Plaza. Please let me encourage you to look closely at any and all offers for this center. As you are aware, Georgetown Plaza has always been a vacant commercial strip. Even as the economy improves, I believe that this center will continue to struggle as a viable commercial outlet. The three rules of real estate are location, location, location. Due to the fact that Denton Tap Road and MacArthur Blvd. are now and will continue to be our major road arteries, Georgetown Plaza is simply not in the best of locations for retail. It will therefore need to be considered for other entities, such as medical, church, or recreational. This vacant center has certainly become an eyemore to our community. Any consideration that you can give will be greatly appreciated. Sincerely, Mark Wolfe, Mayor ~cc: C~y Council ~ Steve Fandre,(CMC) Dr. Jay Story, M.D., (cMc) FORWARDED TO MAYOR { OUNCIL DAT£: ..... n. / ..........