NOTICE OF INTERMEDIATE AND REGULAR TIMBER AUCTION SALE. Itasca County Forest Lands are FSC Certified by Rainforest Alliance RA-FM/CoC-1709 FSC 100%

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1 NOTICE OF INTERMEDIATE AND REGULAR TIMBER AUCTION SALE Itasca County Forest Lands are FSC Certified by Rainforest Alliance RA-FM/CoC-1709 FSC 100% Pursuant to the October 23, 2018, official action of the Itasca County Board of Commissioners and under the provisions of Minnesota Statute , as amended, timber on tax-forfeited land within Itasca County will be offered for sale WITHOUT the sale of land at an Intermediate and Regular Auction at 10:00 a.m. on Tuesday, December 11, 2018, at the Cohasset Community Center, Cohasset. Timber w i l l be sold to the highest bidder at not less than the appraised value listed on the Timber Report. Bidding shall be by ORAL BID ONLY. Bid up shall be by two (or even numbered) percent increments, the percent bid up to be added to the appraised price. Itasca County reserves the right to accept or reject any or all bids. SIGNING A ONE TIME AFFIDAVIT OF COMPLIANCE IS REQUIRED PRIOR TO BEING ABLE TO BID ON COUNTY TIMBER AUCTIONS. All bidders who have not previously registered (i.e. signed Affidavit of Compliance) must register prior to 4:30 p.m. on Monday, December 10, Interested bidders are responsible to know and comply with all permit regulations and eligibility limits. Bidders must be 18 years and older and in good standing with Itasca County. No bidder can act in any capacity on behalf of a nonqualifying operation for the purpose of procuring rights to timber from Itasca County. No bid will be accepted from any bidder having a delinquent or uncollectible timber permit account or a pending timber trespass with a county, state or federal agency. Violation of eligibility limits will result in loss of down payment and/or loss of privilege to purchase stumpage from Itasca County. All sizes of operations are eligible to purchase timber through Intermediate Auction sale. Each purchaser may have no more than four permits purchased through Intermediate Auction sale in possession at any time. During Intermediate Auction sales an operation may purchase only one (1) permit in the first round of bidding. An operation may purchase more than one permit in the second round of bidding but may not exceed the possession limit of 4 intermediate permits. Intermediate Auction permits will have the duration of three (3) years, unless stated otherwise. Intermediate Auction permits may be granted one extension, not to exceed one year, upon payment of 10% of the uncut "bid up value" balance. The minimum extension fee shall be $50. Extensions will be granted at the discretion of the District Forester. Intermediate Auction permits are non-transferable, except in case of hardship. Remaining unsold Intermediate Auction tracts may be re offered through Regular Auction subject to their Intermediate Auction permit terms, but will not be counted towards the Intermediate Auction sale permit limit of four. The Regular Auction will immediately follow the Intermediate Auction. There is no limit on how many permits may be purchased through Regular Auction. Regular Auction permits will have the duration of three (3) years, unless stated otherwise. Regular Auction permits may be granted one regular extension, not to exceed one year, upon payment of 10% of the uncut "bid up value" balance. The minimum extension fee shall be $50. Regular extensions will be granted at the discretion of the District Forester. Regular Auction permits may be transferred upon written approval from the Land Commissioner. Each tract not sold at the auction will be available over the counter at the appraised value subject to its "auction permit terms" until withdrawn from sale. Immediately after the sale, the successful bidder for each tract must pay a minimum non-refundable down payment of 15% of the APPRAISED value for that tract. Two thirds of this payment (10% of the appraised value) will be held as a performance bond, and the remaining amount (5% of the appraised value) as a stumpage advance. The Performance Bond will be kept on deposit by the County and will be refunded upon satisfactory completion of the permit requirements, as judged by the District Forester. A permit to cut and remove the timber from the land will be issued to the purchaser in whose name the bid is made. The price of each species subject to bid will be increased by the bid up percent of the successful bid for that tract. The purchaser must pay for all stumpage prior to cutting. All cut products shall be scaled by Itasca County before being removed from the permit area unless specified otherwise. In the case of tracts that are partitioned into pre-determined cutting blocks,

2 the total down payment is to be 15% of the APPRAISED value of the ENTIRE permit. A performance bond of 10% of the APPRAISED value of the ENTIRE permit will be deducted from the down payment. The remaining 5% will be applied to the first cutting block that is opened. The stumpage value in each block must be paid in full before any cutting may begin in that block. With the permission of the District Forester, the purchaser may enter unpaid blocks and cut necessary timber incidental to developing logging roads as may be needed to log other blocks, provided that no timber may be removed from an unpaid block until separately scaled and paid for. Within five (5) business days prior to beginning sale operations, the Purchaser has the option to furnish security for the remaining stumpage value. Under this option, the Purchaser may pay for stumpage after the wood is felled or scaled, rather than paying prior to harvest. Security can be furnished in one of the following forms: Corporate surety bond, cash, certified check, cashier's check, money order, assignable bonds or notes of the United States, an assignment of a bank savings account or investment certificate, or an irrevocable bank letter of credit. No harvesting is permitted until proper security has been furnished or payment in full is received for the remaining stumpage balance. Should the Purchaser default on the permit under the security option prior to when logging begins, the Purchaser shall, at a minimum, lose the 15% down payment as a penalty for not completing the permit requirements. Additionally, the Purchaser may be liable for costs and losses incurred by Itasca County on that permit in excess of the 15% down payment. Costs and losses to Itasca County may include but are not limited to decreases in stumpage upon re-sale of the timber, additional permit layout and sale costs required for re-sale, and loss of timber due to blowdown or disease after the permit has forfeited to Itasca County until the permit is harvested. It is the responsibility of the bidder to arrange access to the permit area, examine each tract, and know the timber permit requirements as stated in the Timber Report and in the Itasca County Forest Management Guidelines & Specifications. Copies of these requirements are available at the Itasca County Land Department upon request. Submission of bid reflects that Bidder has inspected the tract and its permit requirements. Copies of permit requirements for each tract offered for sale, and further information relative to the bidding specifications, are available at the Land Commissioner's Office, 1177 LaPrairie Ave, Grand Rapids, Minnesota (Telephone number: ; TDD numbers: or ). Itasca County does not discriminate on the basis of race, color, national origin, sex, religion, age or disability in employment and the provision of services. Prospective bidders who require special accommodations to participate in this sale should inform the Land Department as soon as possible and more than three working days before the sale. Permits can only be awarded to bidders who comply with the Americans with Disabilities Act. Kory Cease Itasca County Land Commissioner

3 INTERMEDIATE AUCTION Tract#: Legal Description: SW 1/4, SW SE, Sect 27, Twp 55, Rng 23. NE NE, NW NE, NW 1/4, Sect 34, Twp 55, Rng 23 Tamarack 509 $4.00 = $2, $9.00 = $36.00 $2, Sale Administrator: Jesse Lehner Total Acres: 31.3 Expires: 03/01/2020 Operability: Winter frozen only: 12/1-3/1 $ $ RE_OFFER Due to Bark beetle damage this is a one year permit. Clear-cut w/reserves Tract#: Legal Description: SW 1/4, Sect 13, Twp 55, Rng 23. NW 1/4, Sect 24, Twp 55, Rng 23 Maple 70 $7.00 = $ Basswood 52 $8.00 = $ * Red Oak 32 $15.00 = $ $8.00 = $40.00 * Aspen 4 $15.00 = $60.00 $1, Sale Administrator: Jesse Lehner Total Acres: 14.2 Operability: Summer Dry: 7/15-10/1 Marked Hardwood Thin $74.30 $148.60

4 INTERMEDIATE AUCTION Tract#: Legal Description: NW NE, SW NE, Sect 20, Twp 59, Rng 24 Aspen 231 $19.00 = $4, $11.00 = $ Paper Birch 60 $10.00 = $ $7.00 = $ * Basswood 17 $12.00 = $ $7.00 = $ $16.00 = $48.00 $6, Sale Administrator: Perry Leone Total Acres: 15.2 Operability: Frozen ground only.: 12/1-3/1 $ $ Tract#: City/Twp: Goodland Legal Description: SW 1/4, Sect 10, Twp 55, Rng 22. NE NW, Sect 15, Twp 55, Rng 22 Maple 130 $8.00 = $1, Paper Birch 79 $17.00 = $1, Red Oak 67 $26.00 = $1, * Aspen * Basswood Sale Administrator: Jesse Lehner 38 $26.00 = $ $14.00 = $ $5, Total Acres: 24.1 Operability: Dry Summer: 7/1-10/1 RE_OFFER Marked Hardwood Thin $ $537.90

5 Tract#: City/Twp: Iron Range Legal Description: UND 18/48 INT IN NE-SE, Sect 12, Twp 56, Rng 24 Private Access Aspen 187 $27.00 = $5, INTERMEDIATE AUCTION Sale Administrator: Jesse Lehner 74 $10.00 = $ $8.00 = $ $12.00 = $ $6, Total Acres: 14.5 $ $ Operability: Summer dry/winter Frozen 7/1-9/15, 12/1-3/1 Non-FSC permit, Undivided Interest Clear-cut w/reserves Tract#: Legal Description: LOT 3, LOT 4, Sect 18, Twp 59, Rng 24. SE 1/4, Sect 13, Twp 59, Rng 25 Paper Birch 600 $12.00 = $7, Aspen 206 $26.00 = $5, * Red Pine 100 $53.00 = $5, $14.00 = $ $9.00 = $ $24.00 = $ $19, Sale Administrator: Perry Leone Total Acres: 36.0 Expires: 03/01/2022 Operability: Dry summer chance: 7/1-3/1 $ $1,909.20

6 Tract#: INTERMEDIATE AUCTION Legal Description: LOT 2, LOT 3, NW 1/4, Sect 11, Twp 58, Rng 22. SE SW, SW SE, Sect 2, Twp 58, Rng 22 Aspen 370 $22.00 = $8, Spruce 370 $17.00 = $6, $9.00 = $ * Tamarack 75 $6.00 = $ $9.00 = $ $14.00 = $ $17.00 = $85.00 $16, Sale Administrator: Loren Eide Total Acres: 44.3 Expires: 03/01/2020 Operability: Winter sale: 12/15-3/1 $ $1, Tract#: Private Access/ Legal Description: LOT 1, LOT 2, LOT 3, SE NW, SE 1/4, Sect 23, Twp 59, Rng 24. NE SW, NW SW, Sect 24, Twp 59, Rng 24 Tamarack 331 $6.00 = $1, Spruce 136 $17.00 = $2, $14.00 = $1, * Aspen 32 $23.00 = $ $8.00 = $ * Red Pine 15 $15.00 = $ $16.00 = $48.00 $7, Sale Administrator: Perry Leone Total Acres: 37.6 Operability: Frozen ground conditions only.: 1/1-3/1 $ $724.30

7 INTERMEDIATE AUCTION Tract#: Legal Description: NW NW, Sect 29, Twp 60, Rng 24 Red Pine 123 $18.00 = $2, * Aspen 15 $12.00 = $ $5.00 = $45.00 Jack Pine 8 $18.00 = $ $9.00 = $ $12.00 = $36.00 $2, Sale Administrator: Perry Leone Total Acres: 10.0 Expires: 03/01/2022 Operability: summer chance: 5/15-3/1 1st and 2nd Time Red Pine Thin. $ $ Tract#: City/Twp: Bearville Legal Description: LOT 4, LOT 3, Sect 31, Twp 60, Rng 22 Aspen 750 $26.00 = $19, $15.00 = $1, $9.00 = $ $11.00 = $ $13.00 = $ $22, Sale Administrator: Loren Eide Total Acres: 36.5 Expires: 03/01/2020 Operability: Winter sale: 12/15-3/1 $1, $2,241.50

8 Tract#: INTERMEDIATE AUCTION City/Twp: Nashwauk Private Access/ Legal Description: THAT PT OF SE SE LYG S OF GN R/W LESS, Sect 32, Twp 57, Rng 22. S 200 FT OF SW SW LESSE 400 FT THEREOF, SE SW, Sect 33, Twp 57, Rng 22 Aspen 610 $25.00 = $15, $14.00 = $ $8.00 = $ $17.00 = $ $8.00 = $80.00 $16, Sale Administrator: Loren Eide Total Acres: 27.8 $ $1, Operability: summer sale (if dry): 7/1-10/1, winter sale: 12/1-3/1 Re-offered sale. Trees to be processed at the stump. Non- certified wood. Tract#: City/Twp: Feeley Legal Description: SE 1/4, Sect 6, Twp 54, Rng 23. NE NE, SE NE, Sect 7, Twp 54, Rng 23 Aspen 250 $21.00 = $5, $17.00 = $34.00 $5, Sale Administrator: Bob Rother Total Acres: 8.9 $ $ Operability: Winter Chance - Frozen Ground: 12/15-3/1

9 INTERMEDIATE AUCTION Tract#:13 City/Twp: Sago Legal Description: NW 1/4, Sect 32, Twp 53, Rng 23 Red Pine 110 $28.00 = $3, * Aspen 5 $22.00 = $ $13.00 = $65.00 * Jack Pine 5 $25.00 = $ $3, Sale Administrator: Bob Rother Total Acres: 7.3 Expires: 03/01/2022 Operability: Summer Access: 7/1-3/15 $ $ Operator Select 2nd Time Red Pine Thin - Processed at the stump Tract#: Legal Description: NW 1/4, Sect 10, Twp 54, Rng 27. LOT 2, Sect 9, Twp 54, Rng 27 Basswood 102 $17.00 = $1, Maple 82 $7.00 = $ Paper Birch Red Oak * Aspen Sale Administrator: Jesse Lehner 75 $13.00 = $ $22.00 = $1, $15.00 = $ $4, Total Acres: 24.2 $ $ Operability: Dry summer chance: 7/15-9/1, Winter: 12/1-3/1 "Lone Pine Hardwood Thin" Harvest type: Marked Hardwood Thin

10 INTERMEDIATE AUCTION Tract#:15 City/Twp: Bearville Legal Description: SW NE, Sect 33, Twp 61, Rng 22 Aspen 112 $25.00 = $2, $12.00 = $ $9.00 = $ $26.00 = $1, * Red Pine 4 $45.00 = $ $9.00 = $27.00 $5, Sale Administrator: Blair Carlson Total Acres: 13.0 Expires: 03/01/2020 $ $ Operability: Frozen ground harvest on west side of permit area, east side can be summer harvested. : Tract#: City/Twp: Third River Legal Description: SE NE, NE SE, NW SE, Sect 14, Twp 148, Rng 29 Aspen 321 $27.00 = $8, Spruce 94 $18.00 = $1, Red Pine 49 $15.00 = $ $10.00 = $ $13.00 = $ * Basswood 5 $5.00 = $ $20.00 = $20.00 * Jack Pine 1 $9.00 = $9.00 $11, Sale Administrator: Tony Schram Total Acres: 17.2 $ $1, Operability: Summer - Dry soil: 7/1-10/1, Winter - Frozen Ground: 12/1-3/1 "Gregg's Place" Aspen & spruce clearcut, marked pine thin.

11 INTERMEDIATE AUCTION Tract#:17 City/Twp: Max Legal Description: NW SW, SW SW, Sect 5, Twp 148, Rng 27 Aspen 133 $21.00 = $2, Balm 128 $16.00 = $2, Paper Birch 94 $8.00 = $ Basswood 57 $8.00 = $ Sale Administrator: Tony Schram 23 $9.00 = $ $9.00 = $ $10.00 = $50.00 $6, Total Acres: 18.3 Operability: Winter - Frozen Ground: 12/15-3/1 $ $ "Icebox Hardwoods" Aspen/balm clearcut, Hardwood thin. Tract#: Private Access/ Legal Description: SE 1/4, Sect 23, Twp 57, Rng 26. E 1/2 OF NW SW LESS HWY 38 ROW, LOT 6 EXC PRT LYG W OF HWY 38, SW SW W OF HWY #38, Sect 24, Twp 57, Rng 26. NE 1/4, Sect 26, Twp 57, Rng 26 Spruce 360 $17.00 = $6, Tamarack 249 $5.00 = $1, Aspen 125 $20.00 = $2, * Red Pine 80 $10.00 = $ $10.00 = $ $10.00 = $ * Basswood 31 $8.00 = $ $10.00 = $ $8.00 = $ $15.00 = $45.00 $12, Sale Administrator: Tony Schram Total Acres: 69.9 Expires: 03/01/2020 Operability: Winter - Frozen Ground: 12/15-3/1 $ $1, "Ice Road" Re-offer. Lowland spruce clearcut, aspen/hardwood diameter limit with gap cuts.

12 Tract#: INTERMEDIATE AUCTION Legal Description: SW 1/4, Sect 13, Twp 59, Rng 24. SE 1/4, Sect 14, Twp 59, Rng 24. LOT 1, LOT 2, LOT 3, SE NW, Sect 23, Twp 59, Rng 24. NW NW, Sect 24, Twp 59, Rng 24 Private Access/ Red Pine 610 $19.00 = $11, * Aspen 25 $19.00 = $ * Jack Pine 15 $16.00 = $ $9.00 = $ $5.00 = $ $12.00 = $24.00 $12, Sale Administrator: Perry Leone Total Acres: 42.0 Expires: 03/01/2022 Operability: summer chance: 5/15-3/1 1st & 2nd time red pine thin. $ $1, Tract#: Legal Description: LOT 4, SW NW, SE NW, Sect 2, Twp 60, Rng 23. NE 1/4, Sect 3, Twp 60, Rng 23 Aspen 645 $22.00 = $14, * Red Pine * Jack Pine Sale Administrator: Blair Carlson 160 $12.00 = $1, $45.00 = $1, $9.00 = $ $25.00 = $ $29.00 = $ $19, Total Acres: 27.0 $ $1, Operability: Frozen ground harvesting west block. East bock dry summer chance.:

13 Tract#: INTERMEDIATE AUCTION Legal Description: SE SW, Sect 26, Twp 59, Rng 25. NE SE, SE SE, Sect 34, Twp 59, Rng 25. NW 1/4, Sect 35, Twp 59, Rng 25 Spruce 260 $12.00 = $3, Aspen 202 $13.00 = $2, $9.00 = $ $5.00 = $ $9.00 = $ $5.00 = $ $5.00 = $10.00 $6, Sale Administrator: Perry Leone Total Acres: 38.0 Expires: 03/01/2022 Operability: Dry summer chance: 7/1-3/1 1st time white spruce thin and 1 acre aspen clearcut. $ $ Tract#: City/Twp: Carpenter Legal Description: LOT 2, LOT 3, Sect 18, Twp 62, Rng 22. SW NE, SE NE, Sect 13, Twp 62, Rng 23 Private Access/ Ash 335 $11.00 = $3, $10.00 = $1, Aspen 80 $15.00 = $1, $13.00 = $ $6.00 = $ $6.00 = $ $10.00 = $ $7, Sale Administrator: Casey Dabrowski Total Acres: 31.7 $ $ Operability: Winter - Frozen Ground Chance: 12/15-3/1 "Whale's Swale" Re-Offer. Ash clearcut/diameter limit cut, aspen clearcut.

14 REGULAR AUCTION SALE Tract#: Legal Description: NE NW, NW NW, SW NW, SE NW, NE SW, UND 39/48 INT LOT 3, Sect 26, Twp 60, Rng 25 Ash 487 $9.00 = $4, * Aspen 58 $17.00 = $ $9.00 = $ $12.00 = $ $6, Sale Administrator: Perry Leone Total Acres: 43.0 Operability: Winter-frozen ground only.: 1/1-3/1 Thin or strip cut and partial clearcut. Re-offer $ $ Tract#: City/Twp: Carpenter Legal Description: SE NE, Sect 33, Twp 62, Rng 22. SW NE, SE NW, NE SW, SE SW, SE 1/4, Sect 34, Twp 62, Rng 22 Private Access/ Aspen 2,477 $24.00 = $59, $11.00 = $1, $8.00 = $ $8.00 = $ $8.00 = $ $19.00 = $ $63, Sale Administrator: Casey Dabrowski Total Acres: Operability: Winter - Frozen Ground: 12/1-3/1 "Flathead Camp" Aspen clearcut. $3, $6,342.60

15 Tract#: REGULAR AUCTION SALE City/Twp: Goodland Private Access Legal Description: NW NE, SW NE, NE NW, SE NW, Sect 27, Twp 54, Rng 22 Aspen 275 $20.00 = $5, Ash 90 $16.00 = $1, $12.00 = $ $7.00 = $ * Basswood 17 $18.00 = $ Paper Birch 12 $13.00 = $ $18.00 = $ $8, Sale Administrator: Bob Rother Total Acres: 31.5 $ $ Operability: Winter Access - Frozen Ground: 12/15-3/1 Clearcut with Reserves, Marked Hardwood Thin. Tract#: City/Twp: Bearville Legal Description: ALL OF SEC 17, Sect 17, Twp 60, Rng 22. NW 1/4, Sect 20, Twp 60, Rng 22 Paper Birch 450 $10.00 = $4, Maple 425 $8.00 = $3, Aspen 230 $22.00 = $5, $12.00 = $ * Basswood 40 $15.00 = $ $14.00 = $ Spruce 5 $25.00 = $ $14, Sale Administrator: Loren Eide Total Acres: 39.1 Operability: Winter sale: 12/15-3/1 $ $1,451.50

16 Tract#: REGULAR AUCTION SALE Legal Description: SE NW, NE SW, LOT 2, SE 1/4, Sect 21, Twp 59, Rng 24. SW NW, NE SW, Sect 22, Twp 59, Rng 24. NE NE, Sect 28, Twp 59, Rng 24 Red Pine 803 $18.00 = $14, * Jack Pine 38 $8.00 = $ $10.00 = $ * Aspen 14 $18.00 = $ $5.00 = $ $12.00 = $36.00 $15, Sale Administrator: Perry Leone Total Acres: 57.0 Operability: summer chance: 6/1-3/1 1st and 2nd time red pine thin. $ $1, Tract#: City/Twp: Max Legal Description: SE NW, NE SW, SW SW, SE SW, Sect 5, Twp 148, Rng 27 Aspen 557 $22.00 = $12, Balm 151 $17.00 = $2, Spruce 149 $22.00 = $3, Jack Pine 107 $14.00 = $1, Ash 102 $13.00 = $1, $13.00 = $1, $11.00 = $ * Basswood 24 $5.00 = $ $5.00 = $60.00 $22, Sale Administrator: Tony Schram Total Acres: 39.4 Operability: Winter - Frozen Ground: 12/15-3/1 $1, $2, "Guthrie's Cup" Aspen, jack pine, and spruce clearcut; ash diameter limit cut.

17 Tract#: Legal Description: NE SW, SW SW, SE SW, Sect 26, Twp 59, Rng 23. SE NE, Sect 34, Twp 59, Rng 23. NW 1/4, NE SW, NW SW, Sect 35, Twp 59, Rng 23 Aspen 1,204 $26.00 = $31, Jack Pine 1,114 $29.00 = $32, Spruce 754 $19.00 = $14, * Tamarack * Red Pine REGULAR AUCTION SALE Sale Administrator: Perry Leone 171 $6.00 = $1, $44.00 = $6, $13.00 = $ $85, Total Acres: $4, $8, Operability: 55% dry summer chance, 45% during frozen ground.: 7/1-3/1 Tract#: City/Twp: Sago Legal Description: NE SE, LOT 8, Sect 31, Twp 53, Rng 23. NW SW, Sect 32, Twp 53, Rng 23 Spruce 225 $26.00 = $5, Red Pine 65 $35.00 = $2, $8, Sale Administrator: Bob Rother Total Acres: 11.5 $ $ Operability: Winter Chance - Frozen Ground: 12/15-3/1 Spruce/Pine Plantation 10 Acres Clearcut with Reserves & 1.5 Acres Marked Thin

18 Tract#: REGULAR AUCTION SALE Legal Description: SW SE, Sect 15, Twp 61, Rng 23. NW NE, NE NW, NW NW, SE NW, Sect 22, Twp 61, Rng 23 Aspen 1,918 $24.00 = $46, $12.00 = $2, $23.00 = $2, $10.00 = $ $12.00 = $ $52, Sale Administrator: Blair Carlson Total Acres: 59.0 $2, $5, Operability: Frozen Ground Harvest: Tract#: City/Twp: Bearville Legal Description: LOT 4, Sect 5, Twp 60, Rng 22. NW SW, SW NW, SW SW, Sect 33, Twp 61, Rng 22 Aspen 3,080 $24.00 = $73, $12.00 = $3, $12.00 = $1, $9.00 = $ $17.00 = $1, $25.00 = $1, $81, Sale Administrator: Blair Carlson Total Acres: Operability: Winter/Frozen Ground : $4, $8, Harvest type: clear cut with reserves; thinning by diameter in lowland hardwoods

19 REGULAR AUCTION SALE Tract#:33 City/Twp: Wawina Legal Description: NW NW, Sect 15, Twp 53, Rng 22 Private Access 50 $12.00 = $ Jack Pine 40 $22.00 = $ Aspen 30 $19.00 = $ Spruce 25 $15.00 = $ Balm 15 $14.00 = $ $2, Sale Administrator: Bob Rother Total Acres: 6.2 $ $ Operability: Winter Chance - Frozen Ground: 12/15-3/1 Tract#: Legal Description: SW 1/4, SW SE, SE SE, Sect 10, Twp 58, Rng 22. LOT 2, LOT 3, NW 1/4, SW 1/4, SE 1/4, Sect 11, Twp 58, Rng 22. LOT 2, NE NW, NW NW, Sect 14, Twp 58, Rng 22. SW NE, NW 1/4, SW 1/4, SE 1/4, Sect 15, Twp 58, Rng 22 Aspen 4,740 $23.00 = $109, Maple 800 $8.00 = $6, Paper Birch Spruce * Tamarack * Basswood Sale Administrator: Loren Eide 660 $15.00 = $9, $8.00 = $3, $21.00 = $9, $13.00 = $2, $6.00 = $ $20.00 = $1, $10.00 = $ $142, Total Acres: Operability: Winter Sale: 12/15-3/1 $7, $14,239.00

20 Tract#: REGULAR AUCTION SALE City/Twp: Balsam Legal Description: LOT 7, Sect 6, Twp 58, Rng 24. LOT 6, NE NW, LOT 3, LOT 5, LOT 2, Sect 7, Twp 58, Rng 24 Aspen 1,720 $30.00 = $51, $15.00 = $4, $13.00 = $3, $9.00 = $ $26.00 = $1, $62, Sale Administrator: Perry Leone Total Acres: 70.0 Operability: Dry summer chance: 6/15-3/1 $3, $6, Tract#: City/Twp: Bearville Legal Description: ALL OF SEC 17, Sect 17, Twp 60, Rng 22. NE 1/4, SE 1/4, Sect 18, Twp 60, Rng 22. NE 1/4, Sect 19, Twp 60, Rng 22. NW 1/4, Sect 20, Twp 60, Rng 22 Aspen 830 $22.00 = $18, Paper Birch 585 $9.00 = $5, Maple 340 $8.00 = $2, $15.00 = $1, $11.00 = $1, * Basswood 75 $13.00 = $ $28.00 = $1, $20.00 = $ $32, Sale Administrator: Loren Eide Total Acres: 70.7 Operability: Winter sale: 12/15-3/1 $1, $3,265.50

21 Tract#: REGULAR AUCTION SALE Legal Description: SW 1/4, Sect 28, Twp 60, Rng 25. SE SE, Sect 29, Twp 60, Rng 25. NE 1/4, LOT 4, Sect 32, Twp 60, Rng 25. NE NW, NW NW, SW NW, Sect 33, Twp 60, Rng 25 Aspen 2,200 $30.00 = $66, $12.00 = $1, $15.00 = $1, $9.00 = $ $26.00 = $1, $70, Sale Administrator: Perry Leone Total Acres: 70.0 Expires: 03/01/2022 Operability: Summer chance.: 6/1-3/1 $3, $7, Tract#: Legal Description: NE 1/4, NE NW, LOT 2, SE NW, Sect 19, Twp 60, Rng 23 Spruce 628 $22.00 = $13, Aspen * Red Pine * Jack Pine * Tamarack Sale Administrator: Blair Carlson 347 $12.00 = $4, $22.00 = $6, $50.00 = $4, $33.00 = $2, $8.00 = $ $9.00 = $ $31, Total Acres: 53.0 Operability: Frozen Ground : 12/1/2018-3/1/2021 $1, $3,194.40

22 Tract#: REGULAR AUCTION SALE City/Twp: Goodland Legal Description: NW SW, SW SW, Sect 15, Twp 55, Rng 22. ALL OF SECTION, Sect 21, Twp 55, Rng 22. NW 1/4, Sect 22, Twp 55, Rng 22 Aspen 305 $26.00 = $7, Paper Birch 255 $9.00 = $2, Red Pine 251 $45.00 = $11, $8.00 = $ * Red Oak 27 $8.00 = $ $11.00 = $ $22, Sale Administrator: Jesse Lehner Total Acres: 28.7 Operability: Summer Dry: 7/1-10/1 Clear-cut w/reserves & Birch seed tree $1, $2, Tract#: City/Twp: Iron Range Private Access Legal Description: UND 37/48 INT IN LOT 2, UND 18/48 INT IN NE-NW, Sect 14, Twp 56, Rng 24 Aspen 548 $24.00 = $13, $10.00 = $1, $9.00 = $ $8.00 = $ $8.00 = $32.00 $16, Sale Administrator: Jesse Lehner Total Acres: 36.6 Operability: Winter Frozen: 12/1-3/1 Non-Certified, Undivided interest Clear-cut w/reserves $ $1,605.70

23 REGULAR AUCTION SALE Tract#:41 City/Twp: Moose Park Legal Description: NE SW, NW SE, Sect 19, Twp 149, Rng 29 Paper Birch 457 $12.00 = $5, Basswood 233 $12.00 = $2, Ash 229 $9.00 = $2, Balm 210 $17.00 = $3, Aspen 116 $22.00 = $2, $9.00 = $ $17, Sale Administrator: Tony Schram Total Acres: 37.9 Operability: Winter - Frozen Ground: 12/15-3/1 $ $1, "Beighley Road Hardwoods" Birch Seed tree with reserves. Tract#: City/Twp: Feeley, Unorganized Legal Description: LOT 2, Sect 4, Twp 54, Rng 23. SE SW, SW SE, NE SE, Sect 33, Twp 55, Rng 23 Ash 275 $7.00 = $1, Spruce 121 $10.00 = $1, Basswood 92 $8.00 = $ Aspen 79 $16.00 = $1, Tamarack 73 $4.00 = $ * Biomass (ton) Sale Administrator: Jesse Lehner 16 $10.00 = $ $10.00 = $ $6.00 = $ $1.00 = $0.00 $5, Total Acres: 45.9 Operability: Winter frozen only: 12/1-3/1 RE_OFFER $ $569.70

24 Tract#: REGULAR AUCTION SALE Legal Description: SE NE, NE SE, SE SE, Sect 8, Twp 59, Rng 22. ALL OF SECTION 9, Sect 9, Twp 59, Rng 22 Spruce 1,300 $12.00 = $15, Tamarack 800 $5.00 = $4, $19, Sale Administrator: Loren Eide Total Acres: Operability: Frozen ground: 12/15-3/1 $ $1, Re-offered sale. Black spruce stumpage reduced 15%. Mistletoe infected stand 5' cutting rule enforced. Conventional Harvesting system recommended. Tract#: City/Twp: Iron Range Legal Description: NE-NE, Sect 20, Twp 56, Rng 24. NW-NW, SW-NW, Sect 21, Twp 56, Rng 24. NW-NW, Sect 29, Twp 56, Rng 24 Private Access Aspen 925 $26.00 = $24, $17.00 = $1, $15.00 = $ $6.00 = $ $6.00 = $48.00 $25, Sale Administrator: Jesse Lehner Total Acres: 33.9 $1, $2, Operability: Dry summer/winter Frozen 7/1-9/15, 12/1-3/1 Non-FSC sale Clear-cut w/reserves