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P~ines Estates and Helium Street on the east, and by Brook View <br />Esltates on the North. <br /> <br />The entire site comprises approximately 140 acres of <br /> <br />p~ivately held land. Approximately 10 of these acres would be <br />u~ilized for golf course and clubhouse facilities; approximately <br />2~ acres would be utilized for single family housing and <br /> <br />roadways; approximately 3 acres would be utilized for future <br /> <br />mUltiple family outlet, and approximately 13 acres for rural <br />c6mmercial development. <br /> <br /> !i In addition, the development proposes the usage, on a lease <br />b~sis of approximately 6 acres of presently municipally owned <br />p~rk land located adjacent to the privately held land. <br /> <br />~ Finally the westerly portions of Lots 10 and 11 Block 2 <br />White Pine Estates, which are not developable, also would provide <br /> <br />! <br />! <br /> <br />a~ additional 10 acres of land for usage for golf course fairways <br />ahd the like. Total available acreage therefore approaches <br />aDproximately 160 acres. <br /> <br /> ~ II. DEVELOPERS <br /> <br /> ii The development is controlled by Rum River Hills a Joint <br /> <br />V~nture consisting of Wesley and Della Bulen, Thomas and Paula <br /> <br />A~nderson, and Berglund & Dom, a partnership. This Joint Venture <br />has contractually agreed to participate in the implementation of <br /> <br />I <br />I <br />I <br />I <br />I <br /> <br />t~he Planned Unit Development. <br /> <br /> ~i A. Operation and.Ma_nagement. Golf course operation and <br />m~nagement will be controlled by Rum River Hills, Inc. a <br />corporation in which the major shareholder is Wesley Bulen. <br />C~ubhouse facilities will also be owned by Rum River Hills, Inc., <br /> <br />I <br />I <br />I <br />I <br /> <br /> <br />