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<br />LARKIN, HOFFMAN, DALY & LINDGREN, LTD. <br /> <br />Mr. Steven R. Sarkozy <br />Thomas M. Scott, Esq. <br />May 28, 1999 <br />Page 5 <br /> <br />store, opened in the southeast comer ofHar Mar. Subsequently, a number of tenants have <br />gone in and out of the space initially occupied by Highland. <br /> <br />In 1992, Bradley purchased Har Mar. At the time of its purchase, Har Mar was near <br />collapse. It had a number of month-to-inonth tenancies, and was badly in need of leasing <br />and management expertise and capital improvements. Bradley intended to improve the <br />tenancies and invest substantial capital to renovate Har Mar and create a viable shopping <br />center development. One of its key strategies was to find an anchor tenant that would <br />stabilize the southeast comer ofHar Mar and provide an opportunity to build a new tenant <br />base. <br /> <br />In 1994, Bradley entered into a lease with Home Place for the southeast portion of Har Mar <br />originally occupied by Highland Superstore. The Home Place lease required doubling the <br />size of the space for a total of 54,500 square feet and relocation of underground water, <br />sanitary sewer and storm sewer utility lines. In 1995, the City Council approved Bradley's <br />application to vacate and rededicate utility easements for Home Place. In 1995, the 54,500 <br />square foot Home Place was constructed. A second loading dock was built on the east side <br />of the building. Subsequently, Home Place filed for bankruptcy and its space at Har Mar <br />was closed in August, 1998. <br /> <br />Subsequently, Bradley and Cub Foods negotiated a lease for a Cub Foods store to replace <br />Home Place. Having a Cub Foods store anchor the southeast portion ofHar Mar was a <br />major turning point in Bradley's efforts to revitalize Har Mar. <br /> <br />. Mall Hours of Operation and Mall Security <br /> <br />Har Mar Mall hours of operation are: Monday through Friday, 10:00 a.m. to 9:00p.m.; <br />Saturday, 10:00 a.m. to 6:00 p.m., and Sunday, 12:00 p.m. to 5:00 p.m. Tenants with <br />direct outside access, such as the movie theater, have extended nighttime hours of <br />operation. <br /> <br />Vance Security currently provides security service at Har Mar Mall. One fully trained <br />officer is on duty every day, 24 hours per day. In addition, a second officer is also at Har <br />Mar during the approximate hours of: <br /> <br />Sundays <br />Mondays <br />Tuesdays <br />Wednesdays <br />Thursdays <br />Fridays <br />Saturdays <br /> <br />11:00 a.m. to 7:00 p.m. <br />12:00 p.m. to 9:00 p.m. <br />12:00 p.m. to 9:00 p.m. <br />1 :00 p.m. to 11 :00 p.m. <br />2:30 p.m. to 10:30 p.m. <br />9:00 a.m. to 12:00 a.m. <br />10:00 a.m. to 12:00 a.m. <br />