Dear Shareholders,
A change in our bank's methods of administering our Cuyahoga County account has occurred.
Starting immediately, all checks for shareholders in the Cleveland area must be made payable to "The NAC" or "New Agrarian Center"
Some of you may be asked to rewrite a recent check. We apologize for the inconvenience.
As you know, City Fresh is a program of the New Agrarian Center. As a program, it has no legal identity of its own. While the bank has allowed us to have checks written to the program for several years, their internal auditor and legal department have decided that an urgent change is necessary. All checks must be made payable to the name of the business on the account as it is reflected in the state filing - for us, that is "The New Agrarian Center" often shortened to just "The NAC"
We are very sorry to trouble you with this late-season change. Thank you so much for being a part of the City Fresh family.
Sincerely,
Nick Swetye
Director of City Fresh
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