ATTACHMENT B
Las Palmas Tennis Shop
(Sunnyvale Municipal Tennis Center)
800 Russett Dr.
Sunnyvale CA 94087
4/13/02
Dear Robert Walker,
I am planning to transfer ownership of Las Palmas Tennis Inc. to Mr. Brian Garrow. We are having discussions at the present time. Tentatively, if all goes well, I will be selling a minor portion of my Las Palmas Tennis Inc. stock to Mr. Garrow on 4/1/03. At that time the City of Sunnyvale Staff will be notified officially, and will have an opportunity to accept or reject Mr. Brian Garrow. If the City of Sunnyvale accepts Mr. Garrow, I will sell to Mr. Garrow the balance of my Las Palmas Tennis Inc. stock on 1/1/04. This last step will complete the transaction.
I have been training Mr. Garrow since March 2001. He is more than qualified to handle this position. I believe the tennis program in our community will be more than happy to have a person of Mr. Garrow’s tennis skills, education, experience, character, tennis contacts, reputation, and drive in this leadership position. I have known Brian since he was three years old, over 30 years ago, and he has always impressed me with his accomplishments. Equally important, Mr. Garrow is a really nice individual. This last statement is unusual in a business transaction, but to me it is of primary importance.
Mr. Garrow has been introduced to the Sunnyvale Tennis Club. He is slowly developing a positive relationship with them and they like him very much. Likewise our staff at Las Palmas thinks very highly of Mr. Garrow, so the transition should be seamless.
To date, no money has changed hands so this letter is to update you on where things stand at this time.
Sincerely,
Jan K. Young
cc: Curtis Black