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<br />~"' <br />ROTTLUND HOMES'~ <br /> <br />. . .. ')F\UIO' 011 HI lion IL 'D CO"'1r.s) "C <br /> <br />October 13, 1995 <br /> <br />Steven It SarkoI)' <br />City Manager <br />City ofRoseville <br />2660 Civic Center Drive <br />Roseville, MN 55113 <br /> <br />Re: Request for Proposal <br />Rou\'ille Activit), Center Site <br /> <br />Dear Mr. Sarkozy <br /> <br />Since our last work session meeting with the City Council on July 20, 1995 we have tried to <br />address some of the issues raised by the City Council <br /> <br />v"e 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 family detached home and lowered the estimated sales price to <br />approximately $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 allows 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 would propose a land purchase <br />. schedule as follows: <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 />5750,000 <br /> <br />The Purchase Price as discussed earlier would be paid in cash on the date of closing <br /> <br />....A <br /> <br />~llONG lAKl ROAD ROSE\l)J.l.. ~ ~~m <br /> <br />(61216~~SOO F.-.x \612 638.0~OI <br /> <br />. <br />