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Nix/Siderius Family Letter of InterestJERRY M. NIX 43 Sunrise Drive Kalispell, 90 August 17, 2009 Charles Harball City of Kalispell 201 First Avenue East Kalispell, MT 59901 Dear Mr. Harball: On behalf of the Siderius Family Limited Partnership, please accept this letter as a formal "Letter of Interest" to sell the City of Kalispell approximately 4.83 acres of land. The subject 4.83 acres of land lies south and adjacent to the City's 40 acre sludge disposal site, and is intended to replace approximately 4.83 acres that the City will lose to the Kalispell City Airport Expansion. Attached is a map prepared by Robert Peccia and Associates which outlines the approximate location and configuration of the subject property. It is understood that the City will need to pay for a "Yellow Book" appraisal of the subject property, which will identify the proposed sale price of the subject property. When the appraisal of the subject property is complete, the City will prepare a formal written offer to purchase the subject property for the Yellow Book appraised value. In addition, it is understood that the City will pay for all costs of surveying the subject property, preparing a formal legal description, and recording the formal boundary lot line adjustment. The Siderius Family Limited Partnership hereby grants the City of Kalispell permission to enter upon the subject property for the purposes of inspection and surveying. Upon closing, the City of Kalispell will pay to fence the subject property's south and east boundaries. No water or well rights will be transferred to the City. (406) 755-9371 or (406) 250-2345 (cell) jnix@mtdig.net Real Estate Development Planning Licensed Real Estate Broker in Montana & Colorado August 17, 2009 Page 2 Also enclosed for your reference are the following documents: 1. The current legal description and plat of the Siderius Family Limited Partnership's lands, Certificate of Survey No. 17744; 2. A copy of the topography map of the Siderius Family Limited Partnership lands prepared by Sands Surveying; and 3. A soils test boring map and boring log for boring #B-10, which is on the subject property. The soils tests were conducted by NTL Engineering and Geoscience; 4. A CD containing the above exhibits and the complete soils investigation prepared by NTL Engineering and Geoscience. We look forward to receiving your buy -sell agreement and working with you to complete the sale of this property in the near future. Please let me know if there is any further information that you may need. cc: Siderius Family Ltd. Partnership Tia Robbin Fred Leistiko Sincerely, I Perry M. Nix I 1� '19110- ik Certificate of Survey 17744 Siderius Fami1v Limited PartnershiD Lands: 173.564 AcraE The following is the legal description for the Retracement Certificate of Survey No. 17744 for the subject property, filed of public record on March 7, 2007: A tract of land, situated, lying and being in the south half of the northeast and in the southeast quarter of Section 29, and in the north half of the northeast quarter of Section 32, all in Township 28 North, Range 21 West, P.M., M., Flathead County, Montana, and more particularly described as follows to wit: BEGINNING at the southwest comer of the SE 1/4 of Section 29, Township 28 North, Range 21 West, P.M.,M., Flathead County, Montana, which is found aluminum monument; Thence N00'19'14"W 332.53 feet found iron pin on the southwesterly right-of-way of the old Burlington Northern Railroad; Thence S41 *46'3 1 "E along said right-of-way 2,221.73 feet to a found iron pin on the south boundary of the NE 1/4 NE 1/4 of Section 32, Township 28 North, Range 21 West, P.M.,M.; Thence N89*43'36"W 162.55 feet to a found iron pin being the southeast comer of the NW 1/4 NE 1/4 of said Section 32; Thence N89*48'24"W 1,313.07 feet to a found iron pin being the southwest comer of said NW 1/4 NE 1/4 ; Thence N00*06'58"W 1,319.16 feet to the point of beginning, containing 27.954 ACRES more or less; Subject to and together with a 40 foot private road easement for access to U. S. Highway N. 93 as shown hereon, and all appurtenant easements of record. Commencing at the southwest comer of the SE 1/4 of Section 29, Township 28 North, Range 21 West, P.M.,M., Flathead County, Montana, which is a found aluminum monument; Thence N00'19'14"W 332.53 feet found iron pin on the southwesterly right-of-way of the old Burlington Northern Railroad; Thence N00*20'14"W 150.97 feet found iron pin on the northeasterly right- of-way of the old Burlington Northern Railroad and THE TRUE POINT OF BEGINNING OF THE TRACT OF LAND HEREIN DESCRIBED: Thence NOO'l 8'19"W 2,160.10 feet to a found iron pin being the southwest comer of the SW 1/4 NE 1/4 of said Section 29; Thence S89*44'40"E 1,352.40 feet to a found Fence post being the southeast comer of said SW 1/4 NE V4; Thence N00-2 I'l 4"W 1,288.17 feet to a found iron pin on the south right-of-way of a 60 foot declared county road known as Cemetery Road; Thence N89'42'07"W along said right-of-way 1,351.96 feet to a found iron pin on the west boundary of said SW 1/4 NE 1/4; Thence N00*20'01"W 30.00 feet to a found iron pin being the northwest comer of said SW 1/4 NE 1/4; Thence S89*42'23"E along the north boundary of the S V2NE 1/4 of said Section 29 a distance of 2,057.73 feet to a found iron pin; Thence S00*01'3 l"E 3,447.47 feet to a found iron pin; Thence N89*45'40" 699.89 feet to a found iron pin; Thence SOO* 12'49"E 409.27 feet to a found iron pin; Thence S89*52'28"W 20.00 feet to a set iron pin; Thence SOO* 12'58"E 104.05 feet to a found iron pin being the northeast comer of the NW 1/4 NE 1/4 of Section 32, Township 28 North, Range 21 West, P.M.,M.; Thence S00*09'17"W 987.57 feet to a found iron pin on the northeasterly right-of-way of the old Burlington Northern Railroad; Thence N41 *46'41"W along said right-of-way 1,980.36 feet to the point of beginning, containing 145.610 ACRES, more or less; Subject to and together with a 60 foot county road known as Cemetery Road as shown hereon, and all appurtenant easements of record. FOR A GRAND TOTAL OF 173.564 ACRES, more or less. w k G Na YJ ,+ 1 #•l AdFarKG.0ENcE PROJECT: JOB NO.: DRILLING METHOD: LOG OF BORING B-10 page 1 of 2 Siderius Property Kalispell, Montana 07-919 CME 75 4-1/4" Hollowstem Augers DRILLER: NTL Engineering LOGGED BY: G. Klein LOCATION: 48°09'37.2" N, 114017'46.0" W SURFACE ELEVATION: 2934.0 GROUNDWATER DEPTH: -V 25.4 7/2/07 t DATE STARTED: 7/1 /07 DATE COMPLETED: 7/1 /07 LABORATORY TEST DATA 0 z�� ° w MATERIAL x °w ua w o CLASSIFICATION AND DESCRIPTION o w a _ E w w o e o w H z a a ¢ g z G1 a Q a a C Cn in U 0.5 TOPSOIL, Organic Matter SILT, firm, moist, trace fine sand, brown (ML) 5- SSS 6 20 101 Silty SAND, loose, slightly moist to moist, _ : SSS 9 12 11.4 o)adized, brown SM Sandy SILT, stiff to soft, slightly moist, some silty sand zones, brown (ML) 15 sss 11 17 20 sss 5 becoming saturated 25 25 26. sss 0 39 Lean CLAY, very soft, saturated, bedded, brown with pink and green interbeds (CL) 30 35 sss 0 46 40 4.5 *SAMPLE TYPE KEY: ® SSS - STANDARD SPLIT SPOON (SPT) REMARKS PVC Observation Well Installed 8 LSS - LARGE SPLIT SPOON ® ST - SHELBY TUBE Efl RS - RING SAMPLE ® SK - SACK SAMPLE ENGWEERING !1JGE(0)SC1FNCF LOG OF BORING B-10 page 2 of 2 PROJECT: Siderius Property Kalispell, Montana LOCATION: 48009'37.2" N, 114017'46.0" W LABORATORY TEST DATA Z C) z MATERIAL CLASSIFICATION AND DESCRIPTION — W CY z C-0 a. A a a 0 cn U 46.0_mx SSS 17 saturated, Lean CLAY, Cont., very soft, saturated, 14 bedded, brown with pink and green interbeds �(CL) Clayey SAND, Glacial Till, medium dense to 50 (SC dense, saturated, coarse sand, brown (SC Eno of Boring 55- 60- 65- 70 75 80- 85 90- 95- 100— o �Tu