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