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<br />~~ <br />ROTTLUND HOMES'~ <br /> <br />. A I)I\'~IO' Oil HI Rona 'D 'o~r's) 1" <br /> <br />October 13, 1995 <br /> <br />Steven R. Sarko%)' <br />City Manager <br />City ofRoseville <br />2660 Civic Center Drive <br />1l0seville, MN 55113 <br /> <br />Re: Request for Proposal <br />Rost\'ille Activit)' Center Site <br /> <br />Dear Mr. Sarko%)" <br /> <br />Since our last work session meeting with the City Council on Juty 20, 1995 we have tried to <br />address some of the issues raised by the City Council. <br /> <br />We have reduced the number oftownhomes for the singles market and increased the number of <br />single family homes targeted toward empty nesters and seniors At the same time we have <br />reduced the size of the single famity detached home and lowered the estimated sates price to <br />approximately S 120,000. The Village Homes are one level with approximately 1,250 sq. ft <br /> <br />We have developed the plan to function in two phases The first phase atlows for the continued <br />use of the Community Center. This plan is conceptual and we continue to be flexible and willing <br />to work with you on alternative designs. <br /> <br />Based upon this revised concept and proposed phasing we woutd propose a tand purchase <br />. schedule as fotlows: <br /> <br />Phase <br />Phase One <br />Phase Two <br /> <br />Date <br />May 15, 1996 <br />May IS, 1997 <br /> <br />Purchase Price <br />5500,000 <br />5250,000 <br /> <br />Total Purchase Price <br /> <br />S7!O,OOO <br /> <br />The Purchase Price as discussed earlier would be paid in cash on the date of closing <br /> <br />I~ <br /> <br />~llONG lAKI ROAD ROSf\1W. MN 55113 <br /> <br />(612) 63s-Q500 FAX 161~' 638.0501 <br /> <br />. <br />