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1607-1675 16 Howard Kleinberg Fonds MIAMI BEACH RESORT HOTEL ASSOCIATION February 5, 1992 Arva Parks Centennial Press P.O. Box 011830 Miami, FL. 33101 Dear Arva, As I discussed with Howard this morning, the Executive Committee of Pillars will meet on February 18 to endorse our project. Subsequent to that meeting, you, Howard and I , along with Gerald K. Schwartz and Tony Naboa, Chairman of the Chamber, will meet to finalize the contract. One of my concerns, which I ' m sure you will agree to, is that if I can' t raise the $60, 000, or at least 40%, with commitments within 60 days, the project will be cancelled without any contractual obligations on any side. I will ad * .e you and Howard soon after the 18th regarding our meeti • . S ' ncerel , Stuart L. Blumberg President cc: Howard Kleinberg Gerald K. Schwartz A. Anthony Naboa 407 Lincoln Road Suite LOG•Miami Beach, Florida 33139 'It,.(305)531-3553•1131I Free FL&USA 1-800-531-3553•FAX(305)531-8954