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07-23-2014 Council Agenda
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07-23-2014 Council Agenda
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July 11, 2014 <br />Mr. Joel Hanson <br />City of Little Canada <br />515 Little Canada Road East <br />Little Canada, MN 55117 <br />Dear Mr. Hanson: <br />Corporate Raul Est <br />This letter confirms our understanding and Seller's agreement to pay a commission to Davis Real Estate <br />Services Group, LLC ("Davis") and Cushman & Wakefield/NorthMarq ("CWNM") in connection with the <br />land sale transaction between the City of Little Canada and Davis Real Estate Services Group, LLC. <br />The agreed upon commission is 8% times the Gross Purchase Price or $375,417 x 8% = $30,033.36. The <br />commission due will be split equally between Davis and CWNM and paid at closing. <br />Please sign below to indicate your agreement, keep a copy for your files and return a copy to me at your <br />convenience. Thanks. <br />Sincerely, <br />Mark A. Davis <br />AGREED TO AND ACCEPTED: <br />BY: <br />NAME: <br />TITLE: <br />DATE: <br />612.338.4000 1 Phone <br />www.davisrealestatemn.com <br />612-341-3529 1 Fax <br />liora <br />
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