RDS Upper School Update

March 5, 2009

They say that patience is a virtue…if so, our Redwood Day community is very virtuous indeed! In January 2008, our site negotiations first began for the Golf Links Road property, and we want to let you know that we remain in active discussions with the Redemptorists as we turn the corner into spring 2009. Though it seems hard to believe that the deal has not yet closed, we were reminded by a commercial realtor at the beginning of this process that negotiations can easily take 15 to18 months to complete. Real estate is a complex business in any climate, one made all the more complex with the current economic conditions.

In December 2008, we had every reason to believe we were moments away from a final agreement. Then issues beyond our control intervened, and out of respect to the applicants interested in our 9th grade program, we determined it was best to delay the opening by a year. We are developing creative solutions to the problems that arose a few months ago and we are confident that as we continue to engage the Redemptorists in the next couple of months, we will complete the deal. One way or another, we will have clarity on this site by late spring of this year.

Thank you for your continued trust and patience as we work towards securing this extraordinary site for the future of Redwood Day Upper School. We continue to move forward with our expansion from a K-8 to a K-12 institution. That vision has been and continues to be inspirational. Families like yours are the reason that we began this search for a high school site in the first place, and your encouragement and support have sustained us through the twists and turns of negotiation. We are humbled to have such an enthusiastic, creative, and generous community of friends behind Redwood Day School, and we look forward to reporting to you once again in late spring, if not sooner. Thank you.

 Sincerely yours,

Joe Di Prisco                                                                           Mike Riera
Chair, Board of Trustees                                                        Head of School