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Steve Miller <br /> From: rick lapinski <ricklapinski@yahoo.com> <br /> Sent: Monday, December 26, 2016 8:03 PM <br /> To: Steve Miller <br /> Cc: Judy Hoff; Lyle Romack; Steve Hagen <br /> Subject: 3116 Rucker- Hoff Foundation <br /> Attachments: Plaza Marketing Bros[smallpdf.com].pdf <br /> Hello Steve, <br /> I am the representative for the property located at 3116 Rucker and have a short term lease with The <br /> Hoff Foundation. The family that owns the property has been gracious enough to give Judy's <br /> deserving cause a place to do what she does at a much less than market rate. If you were to meet <br /> Judy in person or look at her history, I believe you would agree that the community benefits are worth <br /> while. <br /> I am currently negotiating with 2 buyers for the attached property development that include 3116 <br /> Rucker. There has been opportunity to sell pieces of this assemblage, but I am doing what I can to <br /> keep consistent with the long term City goal of larger developments. I have structured a 3 year lease <br /> with The Hoff Foundation, the reason for this is to keep the investor opportunity attractive with the 3 <br /> year timing that it takes for financing, entitlements and permits, as well as some security for Hoff's <br /> needed upgrade investment. <br /> If you have not already, take a look at the work Hoff has already done and I think you will like what <br /> you see. <br /> Thank you for your consideration, <br /> Rick Lapinski <br /> Commercial/Residential Broker <br /> John L Scott <br /> PO Box 1978,Everett,WA 98206 <br /> 425-330-7773 <br /> 1 <br />