A COMPANY OR ORGANIZATION

WHAT IS NEEDED FROM TO MAKE AN OFFER ON A PROPERTY

All offers are taken by appointment only. To set up, please call 314-622-3400, ext. 392. All properties are sold in "AS IS/WHERE IS" condition.

Please check the following:

• $25.00 cashiers check or money order payable to St. Louis Development Corporation (SLDC). This is a non-refundable processing fee. Personal or business checks will not be accepted.
• A picture ID of the person(s) making and signing the offer.
• A corporate resolution or other documentation authorizing the person making the offer to do so.
• A certificate of good standing from the Missouri Secretary of State, not over 6 months old.
• 3 most recent bank statements for each account (savings and checking)
• If using only the organization's funds for acquisition and development, a financial report or other proof of funds necessary to complete the project.

If you do not have the above items with you now, your offer will not be taken today. You must reschedule your appointment for a time when you can provide this information and documentation.

It is strongly recommended that you take the time to view the property, especially if it is a building, before making an offer.

LETTER FROM ALDERPERSON

The LRA Commission has requested that you obtain written input from the Alderperson of the Ward in which the property you wish to purchase is located regarding whether or not the Alderperson supports your proposed development project and LRAÕs sale of the property. To expedite consideration of your offer, you my wish to have this input at the time you submit your offer. However, the Aldermanic input is not needed in order to submit your offer. You may wish to contact the Alderperson at (314) 622-3287. Please call (314) 622-3400, Ext. 392 if you have any questions about submitting an offer.