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HomeMy WebLinkAboutContract 1617TGS PARTNERSHIP 3050 STINSON BLVD. N.E. ~ MINNEAPOLIS, MN 55418-2322 Phone 612-789-7553 - Fax 612-781-2002 Augu~ 16,2001 PROPOSAL TO: THE CITY OF COLUMBIA HEIGHTS 590 40TH AVENUE N.E. MINNEAPOLIS, MINNESOTA FROM: TGS PARTNERSHIP REAL ESTATE BROKERS SUBJECT: THE ACQUISITION OF VARIOUS PROPERTIES FOR THE BETTERMENT OF CITY OF COLUMBIA HEIGHTS, MINNESOTA. WE, TGS PARTNERSHIP, AN ENTITY REGISTERED WITH THE MINNESOTA SECRETARY OF STATE, PROPOSE TO PERFORM VARIOUS DUTIES IN THE PURSUIT OF PROPERTIES IN THE CITY OF COLUMBIA HEIGHTS FOR VARIOUS USES BY THE CITY. WE PLEDGE TO NEGOTIATE FAIR AND REASONABLE PRICES FOR SAID PROPERTIES AT THE BEHEST OF THE CITY WITH THE INTENT OF SAVING THE CITY BOTH TIME AND MONEY. BEING BUYERS BROKERS, IT IS IN OUR BEST INTEREST TO NEGOTIATE A LOWER, BUT FAIR PRICE FOR PROPERTIES. OUR CHARGES FOR SERVICES: SEVEN PER CENT OF THE FIRST $100,000.00 OF THE PRICE OF ANY PROPERTY ACQUIRED THROUGH OUR EFFORTS AND FIVE PERCENT ABOVE $100,000.00. IF POSSIBLE, THESE MONIES WILL BE MADE A PART OF THE PURCHASE PRICE. REIMBURSEMENT OF ANY CHARGES FOR THE FILING OF ANY DOCUMENTS AND FOR THE PAYMENT FOR ANY OPTIONS THAT THE CITY DESIRES TO MAKE. IF NO PROPERTY OR PROPERTIES ARE ACQUIRED, THE CITY SHALL NOT BE CHARGED FOR ANY WORK PERFORMED BY SAID PARTNERSHIP OR BROKERAGE OR ITS AGENTS. IF ANY OTHER POINTS OR MEASURES OR CHANGES ARE NEEDED, PLEASE CONTACT US FOR IMMEDIATE RESPONSE. ~a~;~ ~av/y L. Peterson SINCERELY, THOMAS G. SOLZ Walt Fehst, City Manager TGS PARTNERSHIP 3050 STINSON BLVD. N.E. ~ MINNEAPOLIS, MN 55418-2322 Phone 612-789-7553 ~ Fax 612-781-2002 August 16, 2001 WALTER FEHST, CITY MANAGER CITY OF COLUMBIA HEIGHTS 590 40th AVENUE NORTHEAST COLUBIA HEIGHTS, MINNESOTA 55421 DEAR MR. FEHST: ENCLOSED PLEASE FIND OUR PROPOSAL FOR YOUR COMMITTEE TO CONSDER PERTAINING TO RETAINING OUR COMPANY TO HELP THE CITY OF COLUMBIA HEIGHTS IN STUDYING AND HOPEFULLY EVENTUAL ACQUISITION OF VARIOUS PROPERTIES. WE WILL BE MOST HAPPY TO ANSWER ANY QUESTIONS AT ANY TIME. PLEASE CALL THE ABOVE PHONE NUMBER OR YOU CAN CONTACT US AT HOME. (TOM 612-789-2949 OR GORDIE 612-781-2002)