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109 Ll, CONSULTING GROUP, INC. <br />Transportation • Civil • Structural • Environmental • Planning • Traffic • Landscape Architecture • Parking • Right of Way <br />July 3, 2007 SRF No. 5601 <br />Mr. David Black <br />Assistant Community Development Director <br />CITY OF NEW BRIGHTON <br />803 Old Highway 8 NW <br />New Brighton, MN 55112 <br />Dear Mr. Black, <br />SUBJECT: RELOCATION CLAIM FOR CARROL L DISTRIBUTING AND CONSTRUCTION SUPPLY, INC. <br />This letter shall serve as the analysis of the relocation claim submitted by Steve Carroll, <br />President of Carroll Distributing. We will address each of the claim areas set forth in their claim <br />and discuss the related documentation. Attached is Carroll Distributing's complete submission. <br />Item 1: Search Expenses <br />• Carroll Distributing is claiming $2,500.00 for time spent in searching for a new location for their <br />business. They are claiming 181.5 hours at $40.00 per hour. SRF recommends payment for this <br />eligible expense. <br />Amount Recommended: $ 2,500.00 <br />Amount Claimed: $ 2,500.00 <br />Item 2: Re-establishment Expenses <br />Carroll Distributing is claiming the maximum payment under this category of $10,000. This <br />amount is being calculated by using the "increased cost of operation" costs that Carroll will incur <br />over a 24 month period. The old location did not require payment of property taxes. The new <br />lease requires payment of all property taxes. Therefore the first year difference between the two <br />sites is $17,846. This exceeds the maximum payment. Therefore SRF Consulting Group, Inc. <br />recommends payment in the amount of $10,000. <br />Amount Recommended: $10,000.00 <br />Amount Claimed: $10,000.00 <br />• <br />One Carlson Parkway North, Suite 1 50 <br />Minneapolis, Minnesota 55447-4443 <br />Tel: 763-475-0010 • Fax: 763-475-2429 <br />srfconsulting.com <br />Case Plaza, One North Second Street <br />Fargo, North Dakota 58102-4807 <br />Tel: 701-237-0010 • Fax: 701-237-0017 <br />An Equal Opportunity Employer