SELLER:  City of Cresco

ADDRESS:  227 North Elm Street, Cresco, Iowa

PRICE:  $169,500.00

TERMS:  Cash

LEGAL DESCRIPTION:  The North 25 feet of Lot 1 and the North 25 feet of the West 10 feet of Lot 2, Block 11, Cresco Plat and the South 50 feet of the North Half of Lots 1 and 2, the East 40 feet of the North 25 feet of Lot 2, and the West 26 feet of the North Half of Lot 3, Block 11, Cresco Plat, Howard County, Iowa. Legal description on abstract to govern.

TAXES:  To be determined.

LOT SIZE:  75’ x 126’

BUILDING SIZE:  There are two buildings on the property. Building sizes are approximate.

Garage / warehouse building - 8,844 sq. ft.

City Hall Office building - 2,666 sq. ft.

Canopy: 1,715 sq. ft.

AGE:  Unknown

In office: Gas Hot water with Central Air

In garage: gas forced air - new in 2008-2009.

COMMENTS:  Office building has reception area with front entry, work area, meeting room, bathrooms, and a partial basement. Garage area is open with heat, water, a floor drain, and three overhead doors. Both buildings have vaults. Membrane roof on City Hall office building. Canopy area.

　All costs and measurements are approximate. All information herein contained is