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77 <br /> March 1, 2001 EHLERS <br /> - +� & ASSOCIATES INC <br /> • r'"Srr�{� . <br /> Mike Momson <br /> City Manager <br /> City of St. Anthony Village <br /> 3301 Silver Lake Road N.E. <br /> St. Anthony Village, MN 55418-1603 <br /> Subject: Proposal for Services <br /> Dear Mr. Momson; <br /> Thank you for the opportunity to submit a proposal for financial advisory related to economic development <br /> activities within your community. <br /> Assumptions <br /> Our proposal for services is based upon the following issues identified during our recent discussion and City Tour: <br /> ❖ The City of St. Anthony Village has identified the need to address potential redevelopment of a number of <br /> areas within the Southwest Quadrant. It is the intent of the Council to develop an overall strategy for this <br /> area with significant involvement of the public. <br /> ❖ There is an immediate need to address the future of the Stonehouse property and the recently purchased <br /> • Custom Liquidators. Issues to be resolved include the future of the Stonehouse on-sale operations, <br /> financial feasability of relocation of Liquor Store#I and potential redevelopment(including financial <br /> analysis)of the Stonehouse area property. <br /> Scope of Services <br /> As financial advisor, Ehlers would provide the following services related to the Stonehouse area analysis: <br /> 1. Coordinate a feasability analysis of continued operation of the Stonehouse on-sale operation. <br /> 2. Assess relocation cost and feasability for Liquor Store#1. <br /> 3. Prepare redevelopment options for Stonehouse area including Custom Liquidators property. <br /> 4. Assess relocation options and costs for the Fire Station. <br /> Ehlers&Associates also proposes to assist with the redevelopment of the Stonehouse area property by providing <br /> development management and financial advisor services including: <br /> 5. Market redevelopment plans to developers. <br /> 6. Coordinate strategies to identify, qualify and evaluate development proposals. <br /> 7. Assess project and market feasability. <br /> 8. Coordinate land assembly. <br /> 9. Assist with coordination of project communications with the general public,neighbors and impacted <br /> businesses and property owners. <br /> • 10. Assist with negotiation of developer agreements. <br /> Equal Opportunity Employer <br /> L E A D E R S I N P U B L I C IF I N A N C E <br /> Charter Member of the National Association <br /> of Independent Public Finance Advisors <br /> r <br /> 3060 Centre Pointe Drive, Roseville, MN 55113-1105 651.697.8500 fax 651.697.8555 www.ehiers-inc.com <br />