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, <br /> <br />MICHAEL E. MURMAN <br />DIRECTOR OF LAW <br /> <br />December 6, 1991 <br /> <br />12650 DETI~OIT AVENUE · 44t0'/ · 2t~/5~1.?~0 · rA,~ 2"16,'F~-[~$14 <br /> <br />ROGER D, TIBH, ETTS <br /> <br />JOAN E. STAFFORD <br />PHOSEC, UTOn <br /> <br />James M. Gustafson, V.P. <br />Society Corporation <br />800 Superior Ave. <br />Cleveland, OH 44115 <br /> <br />Robert F. Redmond, Sr. V.P. <br />ostendorf-Morris <br />1100 Superior Ave. <br />cleveland, OH 44114 <br /> <br />Peter RUbin, Pres. <br />L.A.I., Inc. <br />1331 Lloyd Rd. <br />Wickliffe, OH 44092 <br /> <br />Gent lemen: <br /> <br />I want to first express my warmest thanks for the <br />proZessionalism shown in our meeting of 12/6/91. It was clear <br />to me that each of you was there to effectuate a clear plan for <br />the ultimate benefit of the citizens of Lek. wood. My <br />enthusiasm for the downtown project with the addition of a <br />major society Bank project'next to it I'm sure will be shared <br />by the citizens of Lek,wood, the banking cus.~omers of Society <br />and the users of the Center in the future· <br /> This letter is intended to respond to the letter of November <br /> 27, 1991 and to document our understanding of the agreements <br /> made yesterday. <br /> 1) The City is in the process and has an agreement <br /> for the purchase of the old Lek.wood Post office. <br /> 2) Lakewood Associates, Inc., (LAI) per their <br /> agreement with the city, has the right of purchase of the post <br /> office and adjoining parking lot which right will be waived to <br /> the extent that the property is sold to society National Bank <br /> for the purpose of a bank location including a ATM machine. <br /> <br /> <br />