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City of Roseville <br />December 14,2005 <br />Page 2 <br />authorizing the use of eminent domain is passed, many property owners become tmly serious <br />about the negotiations. The passage of an eminent domain resolution wi11 not end efforts by the <br />Redeveloper to obtain negotiated settlements, but hopefully wil� act as a catalyst to reach an <br />amicable conclusion of such negotiations. <br />Finally, in our experience it is quite common in a project of this magnitude and with <br />sophisticated property owners to have some of those owners wait as long as possible to resolve <br />these financial issues. As you are aware, none of these properties are residential in use, one is <br />bare 1and, and a11 are owned by individuals or companies with significant experience in <br />situations such as this. We believe it is now time to take the next step in this process and wi11 be <br />present to answer any questions or cancems you might have. <br />Very tmly <br />.��, <br />I`}ulli� }� Kr�s <br />Attorney at Law <br />PRK�'��d <br />G.t54PW��!R��ESkILLp�Sv�C'�SYSUYG� �G OdL�C7�. F'kk � pf� <br />