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Anchors Bend_20081212_1030_Bart_Edge_ATTL.~ ANC+-~~RS '~~i~JD Dece~rrber ~~, 200 Sang Burgw~ss New Har~7over County Planning Suite lao 23o Government Center Drive Wvilmington, NC 2403 Ge:~r Sam, F'l;~ase extend the validity period 1~or thc~ ~~ar~.~li~~~7nary approval of the Anchors Bt:~~~~~ Subdivision which was figs approved by the New Hanover County I ~~: on ~~~nuary 25, 2005 and extended on January 9, 208. T'nis extensic.~n request is r~~~~de dL~~~ to the adverse ~~r~7arket canditsc~~~:, and resultarlr reduction in absorption r~~tr~~s making it infeasible to construct all phases of a 20~ home site community within the current validity period. As of this dc~~f:~~, our Phi-jse 2 Plat is under review and in early 2009 we will be srabr~itting an additional plat for lots for which c~.3nstruction has ac~c~r~~ completed. Please contact me with any questions or cort~r~E~~r~ts. i ~~a~~k you ire advance Sam for your help in this ma~tc~r. Best regards, ~' N~ Ba~~t Edge President Atlantic Blue Management, Inc.