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class restaurant. All of the uses we, Salloum and Norcom suggest for the property <br />are necessarily speculative at this stage. In addition to the possibility ora restaurant, <br />our speculations continue to include high-end residential apartments or <br />condominiums, and Class A office space. As indicated above we are also willing <br />to consider a lease back to the County. <br /> <br />,. <br /> <br />Although our offer is not contingent on the approval of historic preservation tax <br />credits, we will be pleased to accept appropriate restrictions requiring the <br />preservation of the historic facade of the building and pay the appropriate service fee <br />to Preservation North Carolina. <br /> <br />o <br /> <br />There are no brokers' fees associated with our proposal. As indicated previously we <br />will be pleased to pay any necessary service fee to Preservation North Carolina. <br /> <br /> The firm price in our Offer to Purchase and Contract is $1,130,000.00. We welcome the <br />opportunity to counter any bonafide offers resulting in higher bids than the one we have already <br />submitted. We look forward to continuing discussions with the County. <br /> <br />Danny G. Bost, LLC <br /> <br /> <br />