INFORMATION #3 12-15-1997 - Laserfiche WebLink

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Dear Elk Terrace Mobile Home Court Resident: You will or have recently received a second Closure Statement from Earl and Lorraine Hohlen with respect to the closure of the Elk Terrace Mobile Home Court. We understand that the process of the potential closing of the mobile home park has been extraordinarily stressful on all of you. We want you to understand that development of the property is an extremely complicated matter, especially in this case with relocation of the residents, the costs and process associated with the installation of utilities, procurement of potential users for the property and the requisite City approvals. Additionally, following the delivery of the first Closure Notice, as you all know, there were several public hearings which were not complete until April when the City of Elk River adopted the Ordinance forcing us to purchase your units. Upon delivery of the second Closure Notice, we will be aggressively proceeding with the City to deal with the installation of the utilities, application for Tax Increment Financing, and to seek the necessary approvals. Once we receive what we need from the City, we hope to be able to finalize closure of the park along with Earl and Lorraine Hohlen. In order to make the process less painful and stressful this time around, we hope to engage a relocation expert. We will advise you if and when such an expert is retained. We truly appreciate your patience and, again, understand that this has been a very difficult process for all of us. If you have any questions, please call our legal counsel, Tony Gleekel at 339-7131. Be advised, however, we will not be in a position to immediately purchase your home. Thank you for your patience. Associated Developers of the Twin Cities, Inc.