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HomeMy WebLinkAbout1527 . . . . . - . . . _ . , - . . . _ _ , <,y . ~ . . . .r . ..r.- , ti:' r - ~ .J.. . . . _ . - • ' . . ;y ~ . " . . . ~ ' ~ . ~ ~~?4 • . - , ~ . . f , ' Y. • , ~ . . ~ ~ ' • + . ' 'i f - . ~ ' . ' ~ . . ~ \ . < \ ' • . • •.~-Y • ' ' - Of Ell R~f.~RDS ~0~~2;~~ ~~~t~.9~~ ~0~1423 ~,;.~93~3 . 9 . Gnour III-(Continued) i • r . . t Pazoel No. ~ as listcd in Non•land Iaad ~ Appmdix A Compcrneat of Component of Initial to the Init~al Pur- Inihal Pnr- Purchzse Lease Descriptia~ chase Prioe* chase Prioes Prioes 218 Fergus Falls, ~iinn. SS #1 _ _ _ _ _ _ _ _ _ _ $ 70,311 $ 39,217 $ 109,528 219 FricUep, ~iinn. SS #1 _ _ _ _ _ _ _ - _ - 133,498 48,710 182,208 220 ~Iinnetonka, Minn. SS #1 _ _ _ _ _ _ _ _ _ _ - 37,423 10,274 47,697 ~ 221 Hutcl~inson, ~iinn. SS #1 _ . _ _ _ _ _ 17,459 65,034 82,493 t 222 Albert Lee, Minn. SS #1 _ _ _ _ _ _ _ _ _ _ 142,649 45,258 187,907 223 Silver Bay, 111inn. SS #1 _ 142,451 53,402 195,853 ' Total--(~ronp III ~.3,186,9:i7 ~1,813,043 $5,000,000 $ Footnote to be included only in d~e form of I.ease ap~ended as Exhibit B to the Note Purchase ~ ' Agreements.) The figures stated oonespond with the pm~octed book value of the.Leased Parcels on ~ f the books of Continental as of November 30, 1970 in the cast of I.eased Parcels listed under Group I, _ E as of May 11, 1971 ia the case of Leased Panels listed under Group II and as of July 1, 1971 in the ~ case of Leased Parcels listed under Group III. The Initial Purchase Price of the Leased Parcels . ~ ~ ~listed under Group I may be revised prior to execution of the Lease to correspond with such book values as of any subsequeat date not later thaa the date af execution of the I.ease, provided that the ~ Initial Purchase Pnce of all Leased Parods listed in Groups I, II and III shall not be less than ; $25,000,000. This appendix is thereafter subject to amendment only in accordance with Para- ; graph 33 of the Lease. : z 4~ [ ~ . i ~ ~ F ~ - 1 i ~ f ~ ' E ' ~ ~ I i i • ~ J y: ( ~ S t , ~ ' . ~ SG(I~, t~ r~~(1~i~1(iQ ~ ~ . ~ -