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Marketing Plan <br /> City of Hugo <br /> Downtown Development Land <br /> Northco will market the subject property utilizing the following resources and methods,at no additional cost to <br /> Owners: <br /> 1. Design an electronic brochure to be circulated to: <br /> a. The following websites and multiple listing services:Loopnet,MNCAR/Eproperty,CoStar,and <br /> the Northco website. <br /> b. Northco's proprietary data base consisting of real estate brokers,investors,developers,businesses <br /> and individuals. <br /> c. Targeted users with who fit within approved and conditional uses for the site.Followed by phone <br /> calls to target buyers. <br /> 2. Design and print brochure/postcard to be circulated by direct mail. The brochure/postcard will be mailed to <br /> select contacts and followed up by direct calls. <br /> 3. Put together a comprehensive Offering Memorandum which details out the opportunity.This answers most <br /> of the buyer's questions before they ask them which speeds up the acquisition process. <br /> 4. Assist potential buyers in obtaining required information. <br /> 5. Monthly marketing reports will be submitted to Owners. <br /> 6. Make oral reports to Owners as needed. <br /> 7. Once the property is under contract—work with Owners to close the transaction. <br /> The following individuals will be assigned directly to this project and be the first point of contact for interested <br /> parties: <br /> Dick AIlendorf, Senior Vice President/Chris Kubesh, Vice President <br /> Northco has the staff time and financial resources available to begin work on this assignment as soon as an <br /> agreement is approved by the Owners. <br />