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EXHIBIT C-1 <br />Peterson, Tara <br />From: Peterson, Tara <br />Sent: Thursday, February 24, 2005 10:04 AM <br />To: 'fbaugh@skbcos.com' <br />Cc: Fawehinmi, Toyin; Joseph, Ken; Osakwe, Austine <br />Subject: Westgate Shopping Center - San Leandro, CA <br />As promised, below is the additional information Steve Wong requested at our meeting <br />two weeks ago. <br />Estimated cost to widen the roadway adjacent to the Office Depot: $120,000 <br />Estimated value of the land and improvements that the City would <br />sell to ScanlandKemperBard for this roadway: $ 25,76o <br />Land 920 sq. ft. @ $23/sq. ft. $21,i6o <br />Improvements 920 sq. ft. @ $5.00/sq. ft. $ 4,600 <br />The letter concerning the parking issues is still being prepared by our Community <br />Development Department. I hope to have it for you soon. In the meantime, please give <br />me a call if there is anything else you require. I look forward to hearing from you soon <br />regarding the Agreement. <br />2/24/2005 <br />