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Cold storage and /or warehouse space and land lease: <br />5% of the total rent over the term of the Lease. <br />Listing Agreement: Standard State of Minnesota Commercial Listing Agreement for Lease <br />and a property management contract agreement. <br />The properties listed above will require an initial site visit to establish any on -site situations, lease <br />obligations; exact issues with the property. We will perform this initial on -site visit included as part of <br />our overall bid package. Please note we have previous experience in the management of both of these <br />properties from previous on -site services provided. Our office sits almost directly across Highway 10 <br />from these properties. <br />If a property requires additional on -site time for repair or maintenance issues, Premier will handle these <br />issues by our property management team on an hourly basis with a rate of $65.00 per hour. <br />We would welcome an opportunity to meet and discuss these services with you more directly. <br />Finally, we have no issue with the City of Ramsey Rental Property Management Agreement other than <br />Section 5.2, Termination. We suggest that "Either party may terminate this Agreement without cause <br />upon 120 days written notice to the other party ". <br />Sincerel <br />r <br />remier Commercial Properties, Inc. <br />