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Property Plans Updated (August 25, 2011)

The deadline to receive proposals was the end of July. The Board of Trustees has since reviewed proposals, had some presentations made and have decided to follow-up on one of those proposals to try and reach an agreement. We still hold the same goals for the sale. We are seeking someone who will be a good neighbor, who cares about the look of the property and who will offer us what we think is a fair price. In regard to these goals, we feel positive about the proposal we have chosen to follow-up on and hope to reach an agreement.