Laserfiche WebLink
FARIBAULT DIVISION <br />4201 BAGLEY AVENUE NORTH <br />FARIBAULT, MN 55021 <br />August 26, 2022 <br />Brian Pankratz <br />CBRE Inc. - Senior Vice President <br />Sent via email: brian.pankratz@cbre.com <br />P: 507-333-9460 <br />F: 507-333-947S <br />E: andrewmack@aldi.us <br />RE: Non -Binding Letter of Intent to Purchase approximately 2.83-acre parcel located at the <br />SWQ of Armstrong Blvd. SW & 147thAve. N, Ramsey, MN, as shown on the attached site plan <br />Dear Brian: <br />Set forth below is the proposal by Aldi Inc, (Minnesota) to purchase the above referenced Property. The <br />terms are as follows: <br />Seller: <br />City of Ramsey <br />7550 Sunwood Dr. NW <br />Ramsey, MN 55303 <br />Buyer; <br />Aldi Inc. (Minnesota) <br />4201 Bagley Avenue North <br />Faribault, MN 55021 <br />Property. - <br />Approximately 2.83-acre (123,275 square feet) parcel located at the SWQ of Armstrong <br />Blvd. SW & 147t" Ave. N, Ramsey, MN, as shown on ExhibitA <br />Purchase Price: <br />Seven hundred twenty-five thousand dollars ($725,000 cash). <br />Earnest Money Deposit: <br />Ten thousand dollars ($10,000.00) upon full execution of the Purchase Agreement. <br />All earnest money shall be applied to the Purchase Price at closing and shall be fully <br />refundable to Buyer. <br />