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In most cases we project sales at a rate of two homes per month. Therefore, based on the 88 homes being <br />offered the timeline for full occupancy, including development and construction, would be approximately 47 <br />months. <br />Lennar has a long standing history of building successful communities in the northwest metro and throughout <br />the Twin Cities, including similar communities such as Woodlands, Winslow Cove, Highlands & Meadows of River <br />Pointe, and Boulder Creek. We look forward to working with the City of Ramsey on this new residential <br />development opportunity and thank the City for its support. <br />Regards, <br />Josh Metzer <br />Land Entitlement Manager <br />Lennar Minnesota <br />