5.0. 6.0. 7.0. EDSR 02-08-1999 ELK RIVER ECONOMIC DEVELOPMENT AUTHORITY
11.
MEMORANDUM
TO: Economic Development Authority
FROM: Paul Steinman, Director of 'c mic
Development ' ' ,
DATE: February 8, 1999
SUBJECT: Agenda Memo for February 8, 1999
Meeting
5. Consider Request for Funding of City Entrance Monument Sion
Issue
The issue before the EDA at this meeting is to consider a request to
fund a portion of the cost of constructing a new monument sign at the
1110 west entrance of the city near Lake Orono.
Background
In July 1998, the existing welcome sign near Lake Orono was
destroyed. Due to this, staff and the Chamber of Commerce began
discussions of rebuilding the existing sign or examining the
construction of a new sign to take its place. The chamber formed a
Sign Task Force, and the City Council agreed to fund the hiring of a
consultant to provide several sign design options to the task force.
Over the past 4 to 5 months, staff and the chamber have worked to
solicit input on the sign design options from the public, City Council,
Chamber Board, and others to select the one most desirable. Staff and
the chamber Sign Task Force then began a process of figuring out how
to reduce the overall cost of the sign by asking for contributions toward
the project. It appears at this time that potentially 30 to 50 percent of
the sign cost will be donated by local companies. The estimated cost of
the option chosen is $21,000.
Staff has also requested quotes from two local general contractors to
coordinate the project. The general contractor will be required to hire
io labor to lay the boulder wall, build the forms for the structure,
13065 Orono Parkway • P. O. Box 490• Elk River, MN 55330-1743 • (612) 441-7420 • Fax (612) 441-7425
Equal Opportunity Housing and Equal Opportunity Employment
Economic Development Agenda Memo
February 8, 1999
Page 2
110 complete electrical work, and other duties necessary to complete the
project. Staff will select one of these general contractors to complete
the project should the EDA provide approval for funding.
Timing for the completion of the project includes starting early spring,
1999 with final completion guaranteed by July 4, 1999. Staff proposes
that the city and chamber schedule an unveiling ceremony during the
4th of July chamber activities.
Due to the uncertainty of the dollar amount of donations toward this
project, staff is requesting that the EDA agree to fund $10,000 -
$15,000 toward construction of the monument sign. These funds can
be drawn from the EDA reserve which has a balance of approximately
$85,000.
Attachments
• Preliminary cost estimates
• Sign design
• Entrance monument task outline
40 Recommendation
Staff recommends the EDA agree to fund $10,000 - $15,000 toward the
cost of constructing an entrance monument sign near Lake Orono.
6. Consider Request for $50,000 Micro Loan - Cairns Cupboards &
Design
The EDA Micro Loan Committee met Thursday, February 4, at 4 p.m.,
to discuss the request from Cairns Cupboards & Design. The
committee did not make a specific recommendation for the EDA to
consider due to the preliminary nature of the request.
The direction provided by the committee was for staff to work with the
applicant to refine their request, including securing a commitment for
bank financing for the project. If the application proceeds as planned,
staff will bring the request back to the loan committee for a
recommendation and then to the EDA in March/April.
Economic Development Agenda Memo
February 8, 1999
Page 3
7. Discuss Concept for Post Office Relocation
Issue
Staff proposed to the postal service that they consider purchasing the
west business park lot of approximately 4.5 acres which is owned by
the EDA. Their warehousing and distribution operations could be
constructed on this site with their retail operations being maintained
somewhere in the central business district.
The postal service has now requested that the EDA complete the
attached "Offer to Sell Real Property" form. Completing this
paperwork will formalize the EDA's offer to sell its property for this
purpose. The EDA's offer to sell will be one of several which are
presented to the postal service for their consideration.
The EDA purchased the lot in the west business park for
approximately $200,000 in December 1997,with excess tax increment
dollars from TIF District No. 5. It appears that any proceeds from the
sale of this lot are to be considered as tax increment dollars, because
tax increment was the initial source used to purchase the property. If
so, the dollars would have to be returned to the county for
redistribution to the local taxing jurisdictions.
Staff suggested in its previous correspondence with the postal service
that this lot would potentially be available for purchase by the postal
service at the same price that the EDA paid in December 1997. Staff
feels this is an appropriate price given the EDA's attempt to give some
incentive to the postal service to retain its retail operations in the
central business district.
Recommendation
Staff recommends execution of the Offer to Sell Real Property
containing a 60 day time limit and sale price of$200,000.
dpi:.
11En
Ani
1
• Elk RverArea
Chamber:of Commerce
•
TO: City of Elk River Economic Development Authority
FROM: Renee Sande, President of Elk River Area Chamber of Commerce
DATE: February 1, 1999
SUBJECT: Funding for New Monument Sign 0 Lake Orono
The Elk River Area Chamber of Commerce Board has endorsed a new "monument" style sign at Lake
Orono. The sign would be constructed of stone ar0 concrete rather than the "billboard" style as was
previously on the site. The former sign was damaged in a storm. The rotted structure made it cost
prohibitive to repair.
The Sign Task Force is comprised of representatives from the city, area businesses and service
ak organizations. We are requesting funding to move forward with the construction of the sign. This
gir cooperative effort between City of Elk River and tlae Chamber of Commerce will utilize area businesses
to donate materials for the project. Most of the anf icipated sign expense will be labor costs.
The estimated cost to construct the sign, including donations is $13,500. Area businesses are supporting
the project with nearly $8,000 in donated materials.'and services.
At this time, the Sign Task Force is requesting the EDA approve $13,500 in funding for the construction
of a monument sign at Lake Orono. This sign would be beneficial to the EDA, the City, the Chamber
and the entire Elk River community because of thepositive image it will project to new business and
industry considering relocation and expansion opportunities.
i P-" -
e .•• .
. ;+ Native field stone to signify the importance of
both mining and the Rivers to Elk River.
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!..i.,:-....,;=--..,
Annuals or Perennials are used to add seasonal
color to the foreground of the sign.
Elevation of Sign Option B
Sign backdrop could be colored concrete to
mimic the color of sand or gravel. The profile of the sign is intended to recall the
lines of stockpiled sand and gravel,as well as
Text and logo are proposed to be painted metal the icebreakers in the Mississippi River up-
plate attached to the front of the sign. r-..- stream of the bridge coli mnc.
Welcome to r+n7r
Elk River '7 7��
��oas
h '..,�.- am• .1�,..�it _.�i ..Q1.':14.1"1 b
411
The left side of the sign is anchored by a dry laid '
boulder wall that acts as a planter for a bed of ev-
ergreen shrubs.
Elevation of Sign Option B
The sign should be located in a manner t
that accentuates the view to Lake Orono •
beyond.
4.1
The prairie planting should be extended to
a point very near the sign,and again after , . l i :
the sign to integrate the sign into a slice of •
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"native"Elk River. _ GGG
4 j__,_.ti �.z�...rr-� fir -' r ( f_ ./1
.t, ` _ The sign should also be located next to the
�h‘• stand of pine to allow them to act as a vi-
->r sual anchor to the entry sign.
Perspective View of Sign B Looking East from Hwy. 10
• l �
®® Elk River Entry Sign Studies Oct. 1998
®® Sign Option B Elk
River
7 Option B
Common Excavation $900.00
Foundation-piers with a grade beam $2,400.00
Cast in place concrete backdrop $4,650.00 ,\
Painted metal lettering and logo $3,800.00 t
Stone clad pier with precast cap $3,050.00
(3) uplights $1,400.00
Dry laid boulder wall $1,350.00
Planting $1,625.00
•
Subtotal $19,175.00
10% Contingency $1,917.50
1
Total Preliminary Cost Estimate- Option B $21,092.50 l
411 1
0 •
,--(./ A
ityof
.lk •
River
Elk River Entrance Monument - Task Outline
1. General Contractor requirements
a) Bonded with city
b) Liability and workers comp insurance
2. General Contractor responsibilities
a) Bid sign and landscaping
i) Sealed quote
ii) Itemize tasks
iii) Find and coordinate donations of materials and labor
• Sign and concrete base
• Metal letters
• Lights
• Boulders for wall and pillar
0 • Landscaping
b) Itemize donations and donors for public recognition
c) Confirm location of sign with City staff
d) Schedule of work, July 4th deadline
3. Details
a) Grading
i) Raise grade +/- 3 ft to accommodate sign
b) Metal letters and elk head
i) Select paint colors
ii) Constructed so not easily vandalized
iii) Determine how letters will be attached
c) Concrete Sign
i) Concrete color and texture
ii) Concrete texture
d) Boulder Post
i) Rock detail
ii) Cap detail
iii) Footing detail
e) Boulder Landscape Wall
i) Determine quantity of boulders and size
0 ii) Fabric behind wall
f) Landscaping
\\elkriver\sys\shrdoc\planning\stevewen\ermsn.doc
13065 Orono Parkway • P.O. Box 490 • Elk River, MN 55330 • TDD &Phone: (612) 441-7420 • Fax: (612)441-7425
i) Choose plant varieties
ii) Soil improvements
iii) Mulch
iv) Edging
g) Lighting
i) Installation of lights
ii) Electricity provided by City
4. Miscellaneous
a) Demolition and removal of old sign
b) Brian Adams at the Utilities Department will remove old posts
c) City Engineer to survey park boundaries
d) Maintenance provided by Streets/Parks Department
O
\\elkriver\sys\shrdoc\planning\stevewen\ermsn.doc
S S •
Pte^ 1 .�. ,.Y�::\.,,
P. , > ' ``i Native field stone to signify the importance of
-.4,0., ''01,
�. = both mining and the Rivers to Elk River.
_ _ '.0
Annuals or Perennials are used to add seasonal .4.-- yVVV
color to the foreground of the sign.
Elevation of Sign Option B
Sign backdrop could be colored concrete to
mimic the color of sand or gravel. The profile of the sign is intended to recall the
lines of stockpiled sand and gravel, as well as
Text and logo are proposed to be painted metal the icebreakers in the Mississippi River up-
plate attached to the front of the sign. stream of the bridge columns.
--.,:.__
/
to_/ -----._ ____
— -7-
_ '~ Elk River t 40 .
f4 ii le V ot 46
- -
, ,., ,.ou- giiiii ?Pim-- ..
.J'
The left side of the sign is anchored by a dry laid
boulder wall that acts as a planter for a bed of ev-
ergreen shrubs.
Elevation of Sign Option B
The sign should be located in a manner L r
that accentuates the view to Lake Orono
beyond.
rif 1
The prairie planting should be extended to
a point very near the sign, and again after = l r , 1
the sign to integrate the sign into a slice of '. 4
"native"Elk River. _ \,,;, J.�>'
i
r` j �� tt,j,...rawa,„pk, �I'�� ` .��
4.--,. I- . .i :rti 1
S` ��C
L. -'11 ihr- , 1
----''''.----'-"--- -:"-.------ *- ''...% ..
< - - The sign should also be located next to the
__,4.‘. stand of pine to allow them to act as a vi-
e sual anchor to the entry sign.
Perspective View of Sign B Looking East from Hwy. 10
r --\{
LII1 Elk River Entry Sign Studies Oct. 1998
R11 Sign Option B City of Elk River
4
ELK RIVER ECONOMIC DEVELOPMENT AUTHORITY
MICRO LOANS
0
Current Current Dec.31,1998
Loan Loan Interest Term Monthly Principal
Borrower Date Amount Rate (Months) Payment Outstanding
Alltool (1) 6/1/89 $200,000 9.00% 120 $2,533.52 $12,386.68
Beaudry Convenience* 12/28/93 $50,000 8.50% 120 $618.58 $30,586.30
Carpe Kairos* 8/10/95 $50,000 8.50% 180 $491.88 $43,773.13
David Decker 8/5/98 $50,000 8.50% 60 $433.91 $49,920.26
Designing Women* 2/18/93 $21,500 8.50% 180 $97.85 $3,528.38
Elk River Automall* 11/24/94 $50,000 8.50% 180 $492.19 $42,299.87
Galli Equipment* 12/29/95 $32,500 6.00% 180 $474.78 $20,957.95
Galli Real Estate* 12/28/95 $17,500 6.00% 180 $147.67 $15,276.08
Indy Lube* 10/28/93 $24,700 8.00% 180 $236.14 $19,249.23
Ink Wizards 8/4/98 $50,000 8.50% 60 $433.91 $49,759.07
Internet 5 1/30/96 $37,500 8.75% 60 $773.90 $18,268.44
LaRose Enterprises 3/29/94 $25,000 6.00% 84 $365.21 $9,836.56
LeFebvre Leasing* 5/8/97 $50,000 8.50% 60 $1,003.59 $36,348.76
Northstar Die Casting 1/29/98 $50,000 8.50% 60 $1,025.83 $44,276.48
0 Olde Main Eatery 10/15/97 $50,000 8.50% 180 $492.37 $48,275.40
Pomeroy Tool 7/1/92 $25,000 6.50% 180 $217.78 $16,906.80
R&D Sales* 12/8/93 $17,500 8.50% 180 $106.25 $3,021.63
Roma Tool(2) 7/1/91 $500,000 10.00% 240 $2,643.25 $386,515.85
Second Generation Properties* 11/23/92 $50,000 8.50% 240 $428.38 $41,909.16
Sport Tech 11/2/98 $45,000 8.50% 36 $390.52 $44,928.23
T J Properties* 3/31/95 $48,000 8.50% 180 $473.03 $0.00
Tescom* 5/18/93 $50,000 8.50% 120 $595.48 $0.00
(3) 4/22/94 $250,000 4.50% 120 $2,590.98 $147,178.41
Water Laboratories,Inc.* 5/5/94 $15,000 8.50% 180 $147.24 $12,171.24
TOTAL MICRO LOANS $1,509,200 $14,623.26 $950,195.50
TOTAL DTED LOANS $250,000 $2,590.98 $147,178.41
$1,759,200 $17,214.24 $1,097,373.91
A A A
(1)The City retains the first$100,000 of principal plus interest. The remainder is payable
to the State.
(2)The terms of this loan were renegotiated in 1991;the renegotiated terms are as listed.
Monthly payments increase to$2,643.25 on January 1,1997. The City retains the first
$100,000 of principal plus interest. The remainder is payable to the State.
ID (3)The City retains all principal and interest payments from this DTED Block Grant.
The payments are credited to the DTED Micro Loan Fund for use
under the guidelines of the DTED Block Grant program.
*Variable Interest Rate. Microlns
2/3/99
ECONOMIC DEVELOPMENT MICRO LOAN FUND
ELK RIVER, MINNESOTA
APPLICATION
iJ
APPLICANT (?4; is -i 104,1‹ 9 -/EJ'iSn�
ADDRESS 4479 71141.%) Sret
CITY ,FM ?,`vert.., STAATE 7i74) ZIP CODE ,S-5—,13 (:)
CONTACT PERSON(S) (ic—) eA.it A/S
BUSINESS PHONE 6/ // //5,5- HOME PHONE </V/ -/.5-0/
AMOUNT REQUESTED 5'S Upo `'Sly,vov A- h4 f/,14.17ov0 4' c./ 4-0/
TERMS REQUESTED 7,42 /Syll : Syernic %/l vti
SOCIAL SECURITY NUMBER 1/74 - S c/- 5'917 FED ID #
STATE ID #
1. Type of Pro-ject:
Construction/New Building Expansion/Existing
Building
1111 Equipment/Machinery Purchase X Remodel/Commercial
Retail/Industrial
Industrial Inventory X. Working Capital
Other
2 . Describe Project:///� STi /
/�Exr..oc c-/ dlc/ f2 Ah:L.J S Apex- .El1,eiligiP i.1-, /yr Mi.. /c
n.D'LzrY'.J /it1 C �/:w� /K G' .1//.cl2 004TE7/ia�
,434r/1 c-21./7�y.S C!�J yea,Pfort/J / Aiv>s c
O
3 . Purpose of Loan:
474Gr/ /
) / C/A/9Pfricr Si"
4 . Cost of Project:
A) Land $
B) Buildings (attach plans & costs) $
C) Equipment/Machinery/Fixtures (attach list
and estimated costs) $ iv.oco
D) Remodeling $ SS:co
E) Industrial Inventory/Working Capital $ 3�•v
F) Other (attach description) $
TOTAL COSTS $
5 . Proposed Financing:
SOURCE NAME TERMS AMOUNT
A) Bank Loan -a /- $ rS.cco -
B) Bank Loan $
C) Other Private Funds - $
D) Applicant Contribution $
E) Other $_
F) Fed Grant/Loan $
G) State Grant/Loan $
Ilk H) This Loan $
TOTAL FINANCING $ :oo0
-2-
6 . Collateral to be assigned (Describe and show lien position) :
A) To Bank:
B) To Bank:
C) To Private Funding Source:
D) To Other Source:
E) To Federal Govt:
F) To State:
G) To This Loan:
7 . Value of Collateral:
COST BOOK VALUE EXISTING
LIENS
A) Land $ $ $
B) Buildings $ $ $
C) Mach. & Equip. $ $ $
D) Other $ $ $
E) Other $ $ $
40 8 . Employment*:
Present: # of Employees ci Total Payroll 0(
Ay
After Project: # of Employees 1-2 Total Payroll 6-. .2kcn b
*If Loan is for Job Retention Only, Explain in Business Plan.
9 . Attorney, Accountant (Names, addresses, phone) :
4244./ -7-- aex._ fo 0,04,4Cb!/ ,5S1 i G14:3,?3_6C1 c
X10. Bank and Other Credit/ References (Names, addresses, 'phone/)G:
% GTE A �/- �y srA�• 6,.�1� r? �vc'. 7. �� 'Y�7— ‘fee)
411
-3-
11. Attach and include the following:
)� A) Written Business Plan:
1. Description of Business
2 . Ownership
3. Management
4 . Date established
5. Products/Services
6. Future Plans
B) Financial Statements for past two years
Ar C) Financial Projections for two years
x D) Resume of Owner/Management
X E) Personal Financial Statements of proprietor, partners,
guarantors
F) Letter of commitment from applicant pledging to complete
during the proposed project duration
G) Letter of commitment from the other sources of financing,
stating terms and conditions of their participation in
project
H) Other
•
I) Other
J) Fee ( 1% of amount of loan request)
-4-
411
I/We certify that all information provided in this application is
true and correct to the best of my/our knowledge. I/We authorize the
City of Elk River and the Finance Committee to check credit
references and verify financial and other information. I/We agree to
provide any additional information as may be requested by the City
and the Finance Committee.
DATE /' -- /F F 9
Applicant Name i ��. ___
By
By
411
411
-5-
FEB-02-99 15:00 From:US POSTAL SERVICE KC FSO 9138314202 T-743 P.02/05 Job-531
UNITED STATES Offer to Sell Real Property
POSTAL SERVICE
•clhtY Name/Location
ELK RIVER, MN - MPO
The undersigned, hereinafter called the seller, in consideration of mutual covenants and agreements herein set forth,
and for other good and valuable consideration, the sufficiency of which is hereby acknowledged, hereby makes the
irrevocable offer to sell and convey to the United States Postal Service and its assigns, the fee simple title to the
following described land, with the buildings and improvements thereon, hereinafter referred to as "land", and all rights,
hereditaments, easements and appurtenances thereunto belonging, and legally described as follows:
subject to the following rights outstanding in third parties:
Excepting and reserving to the seller the following rights and interests:
The terms and conditions of this offer are as follows:
1. The seller agrees that this offer may be accepted by the United States Postal Service through any duly authorized
representative, by delivering, mailing or telefaxing a notice of acceptance to the seller at the address stated below, at
any time within calendar days from the date hereof, whereupon this offer and the acceptance thereof become
a binding contract
2. The Postal Service agrees to pay the seller for said land the sum of
payable upon approval by the Postal Service of the seller's title and execution and delivery by the seller of a good and
sufficient general warranty deed conveying said land with the hereditaments and appurtenances thereunto belonging to
the United States Postal Service and its assigns, in fee simple, free and clear from all liens and encumbrances, except
those specifically excepted or reserved above, together with all right, title, and interest of the seller in and to any
streams, alleys, roads, streets,ways, strips,gores, or railroad rights-of-way abutting or adjoining said land.
3. It Is agreed that the Postal Service will defray the expenses incident to the recordation of the deed to the Postal
Service and the procurement of the necessary title evidence.
4. The seller agrees that all taxes, assessments, and encumbrances which are a valid lien against the land as of the
time of conveyance to the Postal Service shall be satisfied of record by the seller at or before the transfer of title and, the
seller, will, at the request of the Postal Service and without prior payment or tender of the purchase price deliver the
general warranty deed to the Postal Service and obtain and record such other curative evidence of title as may be
Aft required by the Postal Service. If the seller fails to satisfy any such liens or fails to secure such curative evidence as
111. required within sixty (60) days of acceptance of this offer by the Postal Service, the Postal Service may pay said liens
and cure such defects and deduct any cost incurred from the purchase price of the land. Real Estate taxes for the
current year, utilities and rents, if applicable, are to be pro-rated as of the date of closing.
PS Form 8339,July 1997 1
FEB-02-99 15:01 From:US POSTAL SERVICE KC FSO 9138314202 T-T43 P.03/05 Job-531
laUNITED STATES Offer to Sell Real Property
POSTAL SERVICE.
Q. The seller agrees that loss or damage to the property by fire or acts of God shall be at the risk of the seller until the
title to the land and deed to the Postal Service have been accepted by the Postal Service through its duly authorized
representative or until the right of occupancy and use of the land, as hereinbelow provided for, has been exercised by
the Postal Service; and, in the event that such loss or damage occurs, the Postal Service may,without liability, refuse to
accept conveyance of the title or it may elect to accept conveyance or title to such property, In which case there shall be
an equitable adjustment of the purchase price.
6. The agents, employees or representatives of the Postal Service shall have the right, during the period of the offer,
subject to the use made of the premises by the seller to enter upon the said premises for the sole purpose of inspecting
the same and making test borings, plans and topographical surveys in connection with the Postal Service's
contemplated use of the premises. The Postal Service, at its expense shall promptly restore the property of the seller to
its original condition in accordance with good engineering practices.
7. Possession of the property shall be delivered to the purchaser on the day the sale Is consummated unless a different
possession date is herein specified.
8. The seller agrees not to rent, lease or otherwise increase tenancy on any portion of the property subsequent to
execution of this Offer to Sell Real Property.
9. It is agreed that the spouse, if any, of the seller, by signing below, agrees to join in any deed to the Postai Service
and to execute any instrument deemed necessary to convey to the Postal Service any separate or community estate or
interest in the subject property and to relinquish and release any dower, curtesy, homestead, or other rights or interests
of such spouse therein.
10. No member of or delegate to Congress may be admitted to any part or share of this option, or to any benefit arising
from it. This prohibition does not apply to the extent this option is with a corporation for the corporation's general benefit.
•1. Contingent Fees:
a. The seller warrants that no person or selling agency has been employed or retained to solicit or obtain this
contract upon an agreement or understanding for a commission, percentage, brokerage, or contingent fee, except
bona fide employees or bona fide established commercial or selling agencies maintained by the seller for the purpose
of obtaining business.
b. For breach or violation of this warranty, the Postal Service has the right to annul this contract without liability, or at
Its sole discretion, to deduct from the contract price or consideration,or otherwise recover from seller the full amount
of the commission. percentage. brokerage fee, or contingent fee.
c. Licensed real estate agents or brokers having listings on property for sale, in accordance with general business
practice, and who have not obtained such licenses for the sole purpose of effecting this offer, may be considered as
bona fide employees or agencies within the exception contained in this clause.
12. The terms and conditions aforesaid are to apply to and bind the heirs, executors, administrators, successors, and
assigns of the seller.
13. The seller agrees that the Postal Service may acquire title to said land by condemnation or other Judicial
proceedings, in which event the seller agrees to cooperate with the Postal Service in the prosecution of such
proceedings; agrees that the consideration hereinabove stated shall be the full amount of the award of just
compensation, inclusive of Interest, for the taking of said land; agrees that any and all awards or just compensation that
may be made in the proceeding to any defendant shall be payable and deductible from the said amount.
14. Seller warrants that as of the date of this offer and of transfer of title, except as specifically identified in this
agreement, (1) the property(including the land, surface water, groundwater, and improvements to the land) is free of all
contamination from petroleum products or any hazardous substance or hazardous waste, as defined by applicable state
or federal law, and (2) there are no underground storage tanks or associated piping on the property. This warranty
•urvlves transfer of title and shall be binding upon seller, its successors and assigns.
PS Form 8338,July 1997 2
FEB-02-99 15:01 From:US POSTAL SERVICE KC FSO 9138314202 T-743 P.04/05 Job-531
aUNITED STATES Offer to Sell Real Property
POSTAL SERVICE.
115. All terms and conditions with respect to this offer are expressly contained herein and the seller agrees that no
representative or agent of the Postal Service has made any representation or promise with respect to this offer not
expressly contained herein.
16. Seller warrants that legal title is held as follows: (Show whether joint tenants, tenants in common, tenants by the
entirety, etc.)
17. The following paragraphs were added or deleted before execution:
•
PS Foran 8339,July 1997 3
FEB-02-99 15:02 From:US POSTAL SERVICE KC FSO 9138314202 T-743 P.05/05 Job-531
UNITED STATES Offer to Sell Real Property
POSTAL SERVICE.
Date:
Print Sellers Name' Signature
Print Sellers Name' Signature
Print Sellers Name' Signature
Print Sellers Names Signature
Print Sellers Name' Signature
Print Sellers Name' Signature
Print Sellers Name' Signature
Print Sellers Name' Signature
Notice of acceptance of this offer to be sent to:
Seller.Address:
Telephone No:
Taxpayer ID:
Witness to Seller" Witness to Seller"
•All individuals or co-owners must sign. If married,the spouse also must sign. If unmarried,the owner's legal marital status must be Indicated. If
the property Is owned by a partnership, all partners must sign or if a limited partnership,the general partner(s)must sign. If the property is In an
estate or owned by a corporation,evidence of authority of the signatories must accompany the option.
"This space will be used for witnesses to signatures if required by State law.
Acceptance of Offer To Sell Real Property
Date:
The offer of the Seller contained herein is hereby accepted for and on behalf of the United States Postal Service.
Print Name and Title of Contracting Officer Signature of Contracting Officer
Print Address of Contracting Officer
PS Form 8339,July 1997 4