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Authentisign ID: F2499C55-18CF-ED11-BA77-14CB652F4F5B <br />ZD_t <br />HARDIN COMPANIES <br />15681 Andrie ST NW <br />Ramsey, MN 55303 <br />612-356-2002 <br />Date: March 29, 2023 <br />Economic Development Authority for the City of Elk River <br />Attn: Executive Director <br />13065 Orono Parkway <br />Elk River, MN 55330 <br />Attention: Brent O'Neil <br />E-mail: BOneil&ElkRiverMN. gov <br />RE: Proposal to Purchase 10835 170th Avenue NW, Elk River MN 55330 <br />Dear Property Owner: <br />The following proposal presented by Ryan Hardin of Hardin Companies hereby expresses the interest of <br />their client, Thunderstruck Exteriors, Inc.'s, interest in entering into an agreement to purchase the subject <br />real property under the terms and conditions as follows: <br />Seller: Economic Development Authority for the City of Elk River <br />Buyer: Thunderstruck Exteriors, Inc. or Assigns <br />Property: 10835 170th Avenue NW, Elk River MN 5533 <br />Legal Description: Sherburne County PID # 75-820-0105 <br />Purchase Price: $ 210,000 Conventional Financing <br />Earnest Money: $ 21,000 To be credited towards purchase price and held in agreed <br />upon trust account. Fully refundable during Due Diligence Period. <br />Escrow Terms: The Earnest Money is fully refundable to Buyer throughout the Due <br />Diligence Period or in the event of Seller Default. <br />