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~~~~~~~~ ~~-~~~ ~~~, ~~ ~~i~~ <br />.,i~v~~. Cfi~pv u'itiirr ~~iilris ~J~iit2 ~,Ci ~i <br />1Vlinnetonica, 1YLtV 5~3v~3 <br />prZl^i7~~: ~13.5`~) ~?~'i.~iUVS~ut; f.~,4 f~~J"d/7Vn <br />L~~S~ ~r~~os~.l <br />,.,.. <br />To: City of Elk River <br />Date: 7/272007 <br />Lessee; ~itv ©f ilk River, Minnesota <br />EQLTIPii~~.N'I`: New ~amboni <br />QUARANTt~R: City of i/Ik River <br />AIVIQUNT: Approximately $104,000 <br />Attentiaan: Rick Czech <br />Phone: 763-635-1141 <br />PAYMENT: Approximately $2,050 to $2,150 f8.5°/a to 9.75% at current market rates) <br />TER1Vl: 6(~ <br />END OF LEASE BIJY flUT: $1.04 <br />ADVANCED PAYMEI~tT: 2 Payments (First and last month°s payment) <br />DQCUMENTATIO~i FEE: $295.40 <br />AI~DITIO?VAL R~~~I~2ED IN~~RMATI[~N <br />CoNTnv~~NC~~s; <br />Complete De~cumentation <br />• Invoice per ACC requirement <br />• Certificate of Insurance <br />• ACA REt~L~Ij <br />ADDITIflNAI: COT I.A?'E'RAL: <br />*This proposal reflects current market rates. Actual rate may vary dependent nn market conditions <br />**This vyill expire 30 days from the proposal da#e, any#ime therea0ter must be resubmitted. ** <br />sincerely, <br />Pete Gensmer <br />