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Mr. Steven B. Ach <br />January 15, 1997 <br />Page Two <br /> <br /> 5. In January of 1997, the Hohlens received a document which <br />they interpret to be a collective demand by most of the remaining <br />residents in the park for payment of the items listed in the <br />document, but which document specifies no dollar figure. A copy of <br />this document is attached to this letter. <br /> <br /> 6. It is the Hohlens' best estimate of the situation that <br />there will be mobile homes remaining in the park at the expiration <br />date designated in the closure statement, unless other measures are <br />resorted to for the purpose of effecting removal of these remaining <br />mobile homes. The Hohlens have reviewed Ordinance No. 89-57 <br />adopted by the City of Bloomington, Minnesota on October 30, 1988, <br />and would consider the adoption of a similar ordinance being useful <br />in negotiating with the owners of the remaining mobile homes which <br />will be affected by the closure of the park. <br /> <br /> 7. The Bloomington Ordinance provides for the payment by the <br />park owner and the purchaser of an amount not to exceed 20% of the <br />purchase price to residents of the mobile home court that tender <br />the title to their mobile home to the park owner and the purchaser. <br />The Hohlens would be receptive to a provision of this kind, and if <br />adopted by the City the Hohlens and the purchaser wish to indicate <br />to the City that they stand ready to make a payment into escrow <br />pursuant to such Ordinance. <br /> <br /> 8. The Hohlens and the purchaser wish to extend their thanks <br />to the City Officials that have worked with them and answered their <br />many questions in the process of developing and carrying out the <br />project necessitating the closure of the park. <br /> <br />Very truly yours, <br /> <br />John E. Mac Gibbon <br />JEM/bv <br /> <br />£0~] AS~'0N qE~&I~ * BDI~O M~q £I:~I A6/qI/I0 <br /> <br /> <br />