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• <br />October 19, 1978 <br />• Page III <br />There are other arguments I can think of for granting these <br />variances, but I think the ones mentioned are central and quite <br />.sufficient on their own merit. Let me conclude by stating the <br />obvious interest which Beau-Bay Development Corporation has in <br />this matter. Beau-Bay has at this time a tremendous investment <br />in the ground in the Creekmont Subdivision with interest on our <br />financing running at an ever-increasing rate. Time, therefore, <br />is important to us, especially since we are not a bohenoth land <br />developer. Our involvement in the LaPorte area to date has been <br />quite favorable throughout the planning and development of this <br />subdivision. All of the planning and zoning authorities, and <br />governmental officials have taken a rational and sensitive look <br />at all matters as they have arisen pertaining to this project. <br />Timely action in granting these variances by the board of adjust- <br />ment will allow us to keep Monarch Homes in our subdivision and, <br />thus, allow them to build the plans which they think will best <br />address the market. Beau-Bay looks forwward to its involvement <br />in the LaPorte area for at least the next three or four years, <br />.and hopefully longer, and therefore considers that this request <br />will aid a viable quality residential growth in the area. <br />• Your attention in this matter is greatly appreciated. <br />Sincerely, <br />Beau-Bay Deve pent Corporation <br />S. _. <br />ohn S. Pipkin, <br />President <br />JSP/ j a <br />U <br />