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Maxfield <br />Research & Consulting <br />January 25, 2019 <br />Mr. Tim Gladhill <br />Community Development Director <br />City of Ramsey <br />7550 Sunwood Drive NW <br />Ramsey, MN 55303 <br />Dear Mr. Gladhill: <br />Thank you for contacting Maxfield Research and Consulting, LLC to provide a proposal for a Comprehen- <br />sive Housing Market Study for the City of Ramsey, Minnesota. The study would examine demographic <br />and economic factors, current housing market conditions, and would determine the market potential for <br />developing additional housing products in the City. We would provide detailed recommendations (num- <br />ber of units/lots; unit mix and sizes; price/rent; housing features and amenities, etc.) for the housing <br />types identified as being needed in the short- and long-term. In addition, recommendations would be <br />provided on housing programs and other incentives (if needed) that should be initiated to attract spe- <br />cific housing products. <br />Along with the proposal is a statement of qualifications for our firm which provides a company back- <br />ground, outlines our services and representative clients, and provides resumes of Maxfield staff who <br />would be conducting the housing study. <br />The work program for this housing market study is outlined on the following pages. The total fee for <br />staff time for the analysis would be $17,795.00, including expenses for outside data purchases, tele- <br />phone expenses, photocopying, etc.; however, travel costs and printing costs are additional. Costs are <br />presented for each major component of the work program. Maxfield Research and Consulting, LLC <br />would be able to deliver a draft report of the housing analysis in approximately 120 to 130 days. <br />We welcome the opportunity to work with you on this project. If this proposal meets with your ap- <br />proval, please sign and return one copy of the contract. Please call me if you have any questions about <br />the proposed work program or if you need any other information. I can also be reached via email at <br />mmullins@maxfieldresearch.com. <br />Sincerely, <br />MAXFIELD RESEARCH AND CONSULTING, LLC <br />eat--444, <br />Matt Mullins <br />Vice President and Business Development <br />(main) 612-338-0012 (fax) 612-904-7979 <br />7575 Golden Valley Road, Suite 385, Golden Valley, MN 55427 <br />www.maxfieldresearch.com <br />