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HomeMy WebLinkAboutCC 7 TENT MAP 10979 01-19-81DATE: TO: FROM: SUBJECT: January 19, 1981 CONS]~T C~T.~ NO. 7 1-19-81 Inter-Corn Honorable Mayor and City Council Members Community Development Department Tentative Map No. 10979 The applicants of Tentative Map No. 10979, Gfeller Development Company, Inc., have requested an extension of the one year time period for acting upon the map. Difficulty in obtaining development financin~ due to the high interest rates is given for the dalay. RECOMMENDED ACTION Extension of the tentative map period for an additional six (6) months. AGW:mm _~(~, Gfeller Development Company, Inc. 2070 Business Center Drive · Suite 210 · Irvine, CA 92715 ,, (714) 833-0433 January 12, 1981 Tustin City Council 300 Centennial Way Tustin, Ca. 92680 Dear Sirs: This letter is Gfeller Development Company's formal request to extend our Tentative Map #10979 and Conditional Use Permit #80-1. Due to the unusually high interest rates over the past year we have been unable to start our Stevens Square project as planned. Please let me know when the extension will be heard. If there are any questions or ~ can be of help, please let me know. Sincerely, GFELLER DEVELOPMENT COMPANY, INC. /'¢ .,<' .- ...-. Robert G. Reese Vice President /blm