VIDA COMMERCIAL PARTNERS INC

VIDA COMMERCIAL PARTNERS INC VIDA COMMERCIAL PARTNERS, INC. IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR THE BENEFIT OF THE HOUSING AUTHORITY OF THE CITY AND COUNTY OF DENVER, COLORADO, A PUBLIC BODY CORPORATE AND POLITIC (THE "DISTRICT"). VIDA HAS ACQUIRED AN INTEREST IN CERTAIN PROPERTY LOCATED AT 4007 W. COLFAX AVENUE, DENVER, COLORADO 80204 AND INTENDS TO FACILITATE THE DEVELOPMENT OF THE PROPERTY FOR LEASING TO THE DISTRICT FOR USE SOLELY IN SUPPORT OF THE DISTRICT'S USE IN FURTHERANCE OF THE DISTRICT'S CHARITABLE PURPOSES (THE "PROJECT"). THIS SPACE IS INTENDED TO SERVE THE AREA'S LOW INCOME AGING POPULATION. ADDITIONALLY, THE DISTRICT DOES NOT QUALIFY FOR THE TYPE OF FINANCING VIDA OBTAINED, WHICH IS REQUIRED IN ORDER TO ACQUIRE AND COMPLETE THE PROJECT.