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Mr. John Meyer December 27, 2004 Page 3 how and where to accommodate future growth potential. The budget provides for eight hours of meeting time. The results of our work will be documented in a final report designed to meet client needs. The report will contain appropriate graphics and explanations of our principal [mdings, conclusions and recommendations. MEETINGS Four meetings, excluding design consulting, are planned during the course of the evaluation and include the following: . Start-Up Meeting will be held at the beginning of the engagement to finalize research objectives and obtain client-provided information. . Client Meeting to discuss preliminary results of market research tasks. . Report Meeting to discuss results of work tasks and findings. This meeting will cover all aspects of the research program. . City Council Meeting to report results of [mdings and recommendations. This meeting will cover all aspects of the research program. The budget provides for four client meetings as described above. Additional meetings will be billed at our normal hourly rates plus expenses. QUALIFICATIONS AND EXPERIENCE McComb Group, Ltd. is a full-service retail and real estate consulting firm specializing in market research and financial feasibility. The firm has extensive experience in the retail industry and has conducted market research for retail stores and shopping centers of all types as well as downtown and neighborhood commercial areas. In addition, McComb Group, Ltd. consulted with Anoka County evaluating impacts of rebuilding County Highway 14 in downtown Centerville. McComb Group experience related to this engagement is attached. McComb Group, Ltd. has a team that is qualified to conduct the research described in this proposal. McComb Group's professional staff associated with this engagement includes the following: . James B. McComb, President, founded the predecessor of McComb Group in 1974 following six years as a member of the corporate staff with Dayton Hudson Corporation. His experiences at Dayton Hudson and daily association with merchants and shopping center developers provided the impetus for McComb Group's approach to shopping center and retail market research and financial feasibility, which includes strong elements of design and merchandise sensitivities. The firm's approach to shopping center research and marketing has undergone continuous development and refinement over the past 20 years.