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Ms. Amanda Othoudt May 26, 2015 <br />City of Elk RiverPage 13 <br />PROPOSED COMPLETION TIMEFRAME <br />COMPREHENSIVE HOUSING NEEDS ANALYSIS FOR THE CITY OF ELK RIVER M <br />Month 1Month 2Month 3Month 4 <br />Week Week Week Week Week Week Week Week Week Week Week Week Week Week Week Week <br />Project Task <br />1234123412341234 <br />A. Project Kickoff and Field Visit <br />B. Review of Past Studies <br />C. Demographic Analysis <br />D. Employment Trends <br />E. Housing Characteristics & Condition <br />F. For-Sale Market Analysis <br />G. GO Rental Market Analysis <br />H. Senior Market Analysis <br />I. Conclusions and Recommendations <br />J. Delivery of Draft Report <br />K. Formal Presentation <br />PAYMENT <br />All costs including staff time and out-of-pocket expenses billed on a monthly basis shall be pay- <br />able to Maxfield Research Inc. within fifteen (15) days of recei <br />completed and the cost of the work. A finance charge of one and one-half percent (1.5%) per <br />month will be added to the unpaid balance of each invoice not pa All <br />invoices are sent via email. A current email address needs to bed Research <br />for billing purposes. A final invoice will be sent with the rel <br />DISCLAIMER <br />The objective of this research assignment is to gather and analynents <br />as is reasonable within the time limits and projected staff hours set forth in this agreement. We <br />assume no responsibility for matters legal in character. The pr <br />free and clear of any indebtedness, liens or encumbrances; and g <br />competent management are assumed, unless otherwise stated. If building plans or site plans <br />are included in the report, they are to be considered only appromate and are submitted to as- <br />sist the reader in visualizing the property. <br />We assume no responsibility for the accuracy of any building or site plans. Certain information <br />and statistics contained in the report, which are the basis for sions contained in the re- <br />port, will be furnished by other independent sources. While we i- <br />able, it has not been independently verified by us and we assumesibility for its accu- <br />racy. <br /> <br />MAXFIELD RESEARCH INC. <br />