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515 Little Canada Road, Little Canada, MN 55117-1600 <br />(651) 766 -4029 / FAX: (651) 766 -4048 <br />www.ei.little-eanada.rnn.us <br />MEMORANDUM <br />TO: Mayor Fahey & Members of the City Council <br />FROM: Joel Hanson, City Administrator <br />DATE: March 19, 2004 <br />RE: EDA — Briggs & Morgan Conflict Waiver <br />MAYOR <br />Michael 1. Fahey <br />COUNCIL <br />Jim LaValle <br />Matt Anderson <br />Rick Montour <br />Bill Blesener <br />ADMINISTRATOR <br />Joel R. Hanson <br />Attached is correspondence from Thomas Bray of Briggs & Morgan regarding his firm's continued <br />representation of us and Twin City Federal involving TCF's request for revisions to a subordination <br />agreement that was part of the Development Agreement with the Villas of Little Canada. Specifically, <br />TCF would like revisions to that agreement. They contacted Mr. Bray to discuss it. I have instructed <br />him to tell TCF that we are holding firm on the language we already negotiated and any further <br />communications should be directed to me. This conversation, with some clarification of the existing <br />development agreement provisions has already occurred. <br />Due to the fact that Briggs & Morgan has also represented TCF, Mr. Bray felt he should have the <br />attached letter executed as a matter of full disclosure. Assuming we hold firm with our language, I feel <br />the execution of this letter is appropriate. Should Further discussion with TCF be necessary, we can <br />chose to do so with the City Attorney. <br />cc: Tom Bray <br />