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DOMINIUM March 10, 1997 Dear Resident: Fax:612- 559 -9672 Mar 10 '97 17:23 P.02/02 4410 / P DOMINIUM.r 3/ � 5l The purpose of this letter is to apologize for and clear up any confusion, ambiguity, and or misunderstanding which may have been generated by either Or both of our previous letters dated the l4's or the 21n of February, 1997. . 1) a) First and foremost, No One Has To Move! b) No one is on notice to vacate their apartment. c) MI current leases will be honored. d) All existing residents whether they exceed the income guidelines or not, may continue to .live at the Provinces after their current lease expires, 'subject to executing a new lease. .. e) For current month- tolmonth residents, their leases will continue to be renewed at the then current market rate. a) The properties current financing requires that a percentage of residents meet certain moderato income restrictions. b) From what we know, most of the current residents already qualify under these guidelines.. 3) If you believe you meet the income guidelines attached, we reiterate our request that you set up an appointment to fill out some paperwork with our staff. If you qualify, you will receive $100.00 for your inconvenience. You are not required to do this'as a condition of continued occupancy 'under your lease. Should you have comments or questions concerning this matter, please feel free to contact me at your convenience. Thank you for your cooperation and your interest in living in the Provinces. We want the Provinces to be a good home to its residents and a good neighbor in Little Canada. Very truly yours, De 1U ier Jack Sa Vice, Presi • ent Minneapolis • Milwaukee • Chicago • Atlanta • Miami 29(5 Niagara Lane Minneapolis, MN-55447 Phone 612/559 -1711 Fax 612/559 -1783 • Development • Construction • Management Page 6