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�� 7LIN 02 '99 19:58 FR THE SALVATION ARMY 612 566 8954 TO 7819323 P.02i02 MnflAM BOOTH PAUL A.RADER HAROLD D.HINSON FouNaen GENERAL T9MT0R1AL COMMANCEA DIVISIONAL HEADQUARTERS LT.COLONEL DAVID E.GAIN OLE 23M FREEWAY BLVD.ROOKLYN M,MN 55430.1793 Th� S9vatioti Amy orvis�oruc coMMiwDER 612/WS-2040 Fax 61 2558.9954 FOUNDED IN 1855 NORTHERN DIVISION May 28, 1999 TO ALL INTERESTED PARTIES RE: Silver Lake Camp 8z Conference Center We are still in the process of determining what is the best methodology by which to proceed with the sale of Silver Lake Camp ar Conference Center. .However, we are making progress and want to keep you updated as to where we stand. We are currently negotiating with a non-profit for the sale of the property. The asking price is 14.5 million dollars with earnest money of$250,000. You may also be aware that the City of St. Anthony has placed a moratorium on new construction, zoning changes and building permits on the site for one year. This went Into effect on May 11, 1999. Further, the City of St. Anthony did approve obtaining an appraisal for the bid at its highest and best use. If you are still Interested in the property at this point, we would be glad to accept a purchase proposal from you or your group. I trust that this helps to clear up some of the confusion that may have existed.In our efforts to sell the Silver Lake Camp K Conference Center. Our goal Is still to maximize the value of the sale of the camp so that we can build a camp In Northern Minnesota for continued use by those who are less privileged. Our purpose Is to continue to offer the high quality experience that boys and girls have experienced for the last 77 years at Silver Lake Camp. May God bless you. Sincerely yours, y Robert E. Thomson Major DIVISIONAL SECRETARY united Way Making a Difference for Life