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Hugo East Proiect Narrative Summit Management is a renowned property management and development firm that owns and operates several properties throughout the state of Minnesota. With over 25 years of expertise in the industry and serving thousands of residents annually, Summit Management prides itself on providing exceptional management services and outstanding properties and amenities. The existing Hugo Estates Community located at 15057 Forest Blvd. N. in Hugo, MN is owned by Erin Lambert (TPP, LLC) and managed by Summit Management. Summit Management has seen great success in maintaining affordable housing for Hugo residents while also ensuring the Hugo Estates community is one which all residents can be proud to have as a part of the community. The proposed location is currently a 6-acre vacant multifamily lot with a single-family home that will be demolished. The proposed Hugo East project will be constructed alongside the existing Hugo Estates Community and will consist of an additional 16 manufactured home sites that will expand the existing community,plus a new state of the art 54-unit,three story apartment building. The exterior materials of the apartment building will be a mixture of brick, steel siding, trim and window shutters, with decks and screening incorporated around the entire building. The colors will consist of earth tones that complement the palette of the surrounding neighborhood. (See colored rendering attached as Exhibit A). Some of the proposed uses and amenities of the 54-unit apartment building include the following: • Spacious, bright apartments • Full kitchens with all appliances in every unit • Washer and dryer in every unit • Maintenance of apartments, common spaces and all appliances • Digital cable TV programming/Internet Access • Utilities including gas, electric, water, waste and recycling • Individual climate control in every apartment • Community Room • Exercise Room • Outdoor patio with grills and lounge space The manufactured homes sites will be occupied by high quality manufactured homes with attached garages, each having its own green space accompanied by manicured landscaping. (See colored rendering attached as Exhibit B). The projected approximately 25 residents of the additional 16 home sites will have access to the storm shelter located in the existing Hugo Estates Community, which has remaining available capacity for up to 181 additional individuals. Summit Management looks forward to bringing another vibrant community to the City of Hugo. Pagel of 3