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4tYb,�d <br /> • er <br /> Clarification Statements: <br /> 1. Amcon Construction will consider an entire purchase of the property <br /> with the EDA either now or at the time of"the first deal." <br /> 2. Amcon Construction is willing to commit to construct a new facility <br /> (30,000 s.f.) that meets the business park standards for completion by <br /> August 1, 2006. <br /> 3. Amcon Construction is willing to pay for a portion of property or the <br /> entire property for the land necessary to construct the first facility. <br /> 4. Amcon Construction is willing to commit to immediate development of <br /> an "industrial", small space incubator condominium facility. Ultimate <br /> size and plan to be determined upon market research. <br /> 5. Amcon Construction shall allow third party general contractor's to build <br /> if we acquire the property. <br /> 6. Placement and planning for the YMCA facility can be accomplished but <br /> should not restrict"private" development opportunities. <br /> 7. We are open to the specific demands of the marketplace recognizing <br /> Elk River has several small business's to attract but also willing to <br /> market for attracting large or corporate users. <br /> Revised proposed timeline and tasks: <br /> Task 1: Create alternative concept plans using input from staff and profes- <br /> sional consultants. <br /> Task 2: Develop specific site plan and developer proforma for"For Sale" indus- <br /> trial condominium incubators. <br /> Task 3: Negotiate and finalize development agreement and marketing plans for <br /> balance of property. <br /> Task 4: Develop three concept plans with exhibits, proformas following ex- <br /> pressed development objectives and marketing plans. <br /> Task 5: Submit implementation plan that shows schedule, development rights <br /> and terms, specific financing plan, and other terms associated with ap- <br /> plicable agreements. <br /> • <br /> CBRE �® <br /> `/ AIr SII ICON CB RICHARD ELLIB <br />