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EVERGREEN LAND SERVICES CO. <br /> 6110 BLUE CIRCLE DRIVE, SUITE 140 <br /> MINNETONKA, MN 55343 <br /> Office(612)-930-3100 Fax(612)-935-0862 <br /> July 27, 1998 <br /> Mr. Rick Jopke <br /> Community Development Director <br /> City of Mounds View <br /> 2401 Highway 10 <br /> Moundsview, MN 55112-1499 <br /> RE: Estimate of possible relocation costs for five businesses and one outdoor billboard. <br /> Dear Mr. Jopke: <br /> When looking at an rough estimate of relocation costs I will give you what I feel would be <br /> the worst case scenario. These totals could be less. <br /> 1. Billboard-is only entitled to take down and moving costs. Estimate$4,000. <br /> 2. Rent All- actual moving expenses and re-establishment expenses. Estimate$24,000. <br /> 3. Music off 10-"Fixed payment in Lieu" maximum payment$20,000. <br /> 4.American Compressor Engineering Services-"Fixed payment in Lieu" maximum <br /> payment $20,000. <br /> 5. SB Commercial Construction-"Fixed payment in Lieu" maximum$20,000. <br /> 6. BEC Pettibone- "actual moving expenses and re-establishment expenses. Estimate <br /> $20,000. <br /> Again these are rough estimates. Without actually meeting with the property owners and <br /> seeing what their need are it is difficult to come up with an amount. Based on these <br /> figures the total relocation costs would be$108,000. If you have any further questions <br /> you can call me at(612)930-3100. <br /> Sincerely, <br /> Steven Carlson <br /> Relocation Consultant <br /> Successfully serving our clients for 25 years • 1972 - 1997 <br />