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INTENT TO CONVERT USE OF <br />ELK TERRACE MOBILE HOME COURT ("PARK") <br /> <br />KRISTINA CODY <br />227 BALDWIN AVENUE NW <br />ELK RIVER MN 55330 <br /> <br />Dear Ms. Cody: <br /> <br />The purpose of this letter is to comply with the provisions of Minnesota Statutes § <br />327C.095, Subd. 6. The undersigned has entered into a Purchase Agreement with <br />Associated Developers of the Twin Cities, Inc. ("Purchaser") for the sale of the Park you <br />occupy. The Purchaser has notified us that it intends to close the Park and convert it to <br />a mixed commercial use development, once the Park is vacated pursuant to Minnesota <br />Statutes § 327C.095. Along with this notice you will also received a Closure Statement, <br />pursuant to Minnesota Statute § 327C.095, Subd. I regarding your vacation from the <br />Park. <br /> <br />Minnesota Statute § 327C.095, Subd. 6 requires us to give you a four-five (45) day written <br />notice of the intent to close the Park and convert to another use. <br /> <br />PLEASE CONSIDER THIS LETTER TO BE THE FORTY-FIVE (45) DAY NOTICE OF <br />THE INTENT TO CLOSE THE PARK AND CONVERT IT TO ANOTHER USE. <br /> <br />If requested, we will provide you with the information on the cash price and the terms and <br />conditions of the Purchase Agreement by the Purchaser of the Park. <br /> <br />Very truly yours, <br /> <br />Earl H. Hohlen -'- - - <br /> <br />ine Hohlen ' <br /> <br /> <br />