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Park Place <br />March 16, 1978 <br />Page 2 <br />2) Continued . . <br />1. East-West orientation of the Townhomes <br />with frontage on a park -like area and -,vith` <br />a common central drive. <br />2. Because of land and d.evelopment costs <br />-and generous park -like environment <br />(approximately 50% of total'site) it is <br />our estimate that .the: least.expensive Town - <br />home would cost- approximately $65, 000. <br />I have taken several. pictures of some existing <br />Townhomes in this price range which as nearly as <br />possible represent what Townhomes might look like <br />in Park Place setting. I would be glad to show them <br />to anyone willing to take the time to look. <br />` 3) O: What will keep the Townhomes from deteriorating <br />from lack of maintenance? <br />A: Would you let your $65, 000. horn.e deteriorate? <br />Secondly, as part of the deeded restrictions, a <br />committee is established consisting of owners of <br />the Townhomes with the obligation to levy dues for <br />the maintenance and upkeep of the common areas. <br />