Free Exhibit - District Court of Connecticut - Connecticut

Case 3:02-cv-02130-AWT Document 65-2 Filed O4/O9/2007 Page10f2
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I I Case 3:02-cv-02130-AWT Document 65-2 Filed O4/O9/2007 Page 2 of 2
I Waldo Emerson Williams
` m Vice President
I Business Development Manager
MORTGAGE CORPORATION zo Church Street
9
· New Haven, CT 06510 I
203 821*2470 (Office) 203 821-2478 (Fax)
203 640-1741 (Ce1.l/ Pager) I
walclo.wi.lliams@citizensbanl<.com I
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June 17, 2002 I
Harvey Edelstein ` I
CEO/Director of Operations
I Fair Haven Development Corporation .
- · 153 Lloyd Street 1
New Haven, CT 06513
I
Re: Phase I — Rehabilitation Initiative
Dear Mr. Edelstein:
Citizens Bank is pleased to support the Fair Haven Development Corporation Homeownership
Rehabilitation Initiative. Your efforts to rehabilitate blighted and vacant buildings and promote I
revitalization in the Fair Haven neighborhood through residential, economic and community I
development adds tremendous value to the advancement of the entire city of New Haven. I
Please accept this letter as Citizens commitment to provide financing through our Non-profit
` Construction loan program. Our preliminary analysis suggests that the total financing for Phase I-
will be-for $365,000 — two loans for $120,000 and one loan for $125,000. Of course, this financing I
‘ will be subject to a final appraisal and loan underwriting, including a disbursement schedule and
I other usual and customary- conditions. I
I Should you require any additional information, please feel Hee to contact me at the above I
I reference. _ ,
Sincerely, I
Waldo Emerson Williams I
Vice President
Citizens Bank and ~
Citizens Mortgage Corporatioin
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