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Cit~ of Paris , Stud~ of Lake Crook, _.. March, 2001 <br /> <br />Table of Survey Results for <br />Paris Developers <br /> <br />Approx. how many lots do <br />you have in your <br />development? <br /> <br />Size of lots? <br /> <br />How many lots are you <br />selling on average each <br />year? <br /> <br />How many unsold but <br />platted lots do you have in <br />inventory? <br /> <br />What price range home do <br />you wish to attract to your <br />development? <br /> <br />Do you favor or oppose the <br />sale of surplus city property <br />at Lake Crook for residential <br />development? <br /> <br />In what year was your first <br />lot sold in your <br />development? <br /> <br />26 developed <br />20 future <br /> <br />1/2 to 3/4 acre <br />10 to 15 <br /> <br />20 to 25 <br /> <br />$120,000 and up <br /> <br />Oppose if any tax money is <br />used to develop. Would be <br />creating competition for <br />himself. <br /> <br />1989 <br /> <br />180 <br /> <br />12,000 s.£ <br /> <br />6to 7 <br /> <br />8to 9 <br /> <br />$200,000 and up <br /> <br />No objection <br /> <br />1984 <br /> <br />4.0.5. Limitations of this Study. Any prudent investor/developer/marketer is going to make <br />his or her own analysis based not only on the data we have presented in this study but on their <br />own experience in marketing and selling lots mostly to 'outsiders'. Our study is not purported <br />to entail in-depth marketing analysis and other data that a developer would want to review in <br />conducting his due diligence testing. This study is provided to the City of Paris staffand elected <br />officials for the purpose of clarifying their options with respect to surplus property around Lake <br />Crook. Third parties using this study for any other purpose do so at their own risk. <br /> <br />Page 41 of 45 <br /> <br /> <br />