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NUMBERS <br /> (1) Closed Deals: since 2013, the City has closed on the sale of eight properties, totaling 39.82 acres, <br /> and $4.216M. CBRE was involved with four sales. These sites include: the former municipal center site <br /> (GS Land), Windsorwood (former park), McDonald's, Common Bond, Casey's, PSD LLC, and Purmort <br /> (two deals). <br /> (2) Deals Under Contract: the City(and CBRE) currently have three purchase agreements executed and <br /> in-play, totaling roughly 15.68 acres of land, and about $1.275M. These include Aeon, Lifestyle Homes, <br /> and Platinum Properties. <br /> (3) Potential Deals: the City (and CBRE) are currently in negotiations on two more purchase <br /> agreements, totaling roughly 2 acres of land, and about$350K. These purchase agreements include <br /> OGA and a daycare/children's academy. Today, staff feels cautiously optimistic about both prospects. <br /> (4) Past Prospects: CBRE brought two deals to the City in 2015 that were eventually turned down, <br /> totaling roughly 8 acres. These included Dominium and SCA(both senior apartment projects). <br /> (5) Remaining Opportunity: the City has 17 land listings remaining, totaling about 90 acres of land, with <br /> a roughly$19M total asking price. <br /> NOTE:asking price should not reflect expectations for land proceeds--the City of Ramsey established a <br /> pricing table that has been discussed in closed session on multiple occasions--which better outlines land <br /> sale predictions/ranges. <br /> Page 3 of 4 <br />