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FORESTClTY City of Ramsey Town Center Proposal 2.1 TEAM EXPERIENCE Forest City has a diverse property portfolio in key markets across the United States, in both urban and suburban settings, that include product types of a mixed-use nature (office, retail, residential, and land). Forest City's office portfolio includes 48 properties with more than 1.3,350,000 S.F of GLA. All but 6 of those properties, representing 51.9,000 SF of the total, are managed and leased by Forest City. The properties managed by Forest City all have on-site property managers with the leasing function managed centrally by our in-house professional staff, greatly leveraging strategic relationships with first rate commercial office brokerage firms. Forest City's retail portfolio includes 51. properties with approximately 27 million SF of total space and 1.6.3 million of GLA. Forest City has management and leasing responsibility for 47 of these properties totaling 1.4.4 million SF of GLA. Two more similar centers are currently in development and will be opening in 2009: West Chester's Ridge Hill and The Village at Gulfstream Park. Additionally, Forest City is proud to be associated with the International Council of Shopping Centers (ICSC), Building Operations and Managers Association (BOMA), Institute of Real Estate Management (I REM) and The National Association of Industrial and Office Properties (NAIOP). Strategic Advisory Group is a full-service strategy and real estate advisory firm that provides a broad array of advisory services to real estate economic development projects. Our team brings experience in both public-purpose and private real estate and focuses on assisting clients with assessing, planning, financing, developing and managing all manner of asset classes, including complex mixed-use projects, commercial, residential, hospitality, convention and conference center, sports, arts and entertainment, and other asset types. SAG has earned a distinguished track record of providing solutions to complex problems by assigning senior professionals to personally direct each assignment, approaching each challenge as unique, applying the most appropriate blend of resources to each challenge, and working collaboratively with clients, while establishing clear lines of communications. Staff experts include public and private finance professionals, planners, economists, market research specialists, asset managers, appraisers, and certified public accountants. SAG also specializes in assembling and managing interdisciplinary analytic teams, which are needed to address larger and more comprehensive issues. PUBLIC - PRIVATE PARTNERSHIP Forest City is an ideal development partner for City of Ramsey. Once delivered, our projects become long-term community assets. City of Ramsey will benefit from Forest City's strong reputation and deep tenant relationships fostered over decades. Forest City has many years of experience in public-private partnerships for large scale developments. We've successfully integrated innumerable public-private finance tools including Tax Increment Finance (TIF) bondsj Payment in Lieu of Tax (PILOT) bondsj low income housing tax creditsj tax-exempt debt financingj federal, state and local grantsj new markets tax creditsj historic tax creditsj and others. Forest City's success in creating strong partnerships with the public sector is evidenced by the company being awarded the Public/Private PartnershipAward in 2002 by the U.S.Conference of Mayors. Our award- winning, public-private initiatives have literally transformed communities across the United States: the redevelopment of Denver's Stapleton Airport into a 4,700-acre communitYj the redevelopment of [ill