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<br />. <br /> <br />. <br /> <br />. <br /> <br />.. <br /> <br />unanimously disapproved and we were informed not to pursue further negotiations if this <br />were the only option. <br /> <br />In an effort to develop this Allina Medical Clinic I would like to propose the following <br />for your consideration. <br /> <br />Option I. We will purchase the City's parcel ofland for $6.50 per square foot. <br />We assume all street and utilities costs to be paid by the seller. <br /> <br />Option II. We will purchaSe the two end parcels ofland and effect a land <br />exchange with the City. We would trade the westerly parcel for the center parcel owned <br />by the City. <br /> <br />We feel this development would significantly benefit the City of Elk River and its' <br />citizens and would provide an excellent anchor for your very well planned and controlled <br />development for this area of your city. We also believe this development would have a <br />very significant economic impact on your City. <br /> <br />Thank you for your cooperation and assistance. <br /> <br />Sincerely, <br /> <br />\~::;::ltJ.I'------ <br /> <br />Thomas E. McKee <br />