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Thank you for your consideration of Sherman Associates as developer. It <br />would be a pleasure to work with the City of Little Canada on this <br />exciting development. <br />Sincerely, <br />George Sherman <br />P.S. In regard to the NE corner, we are very interested in pursuing a <br />quality office /retail development at this location given the terms and <br />structure we have discussed. We envision 2 two- or three -story <br />buildings with approximately 30,000 sq. ft. of office space with some <br />retail along Rice Street. We have just talked again with David Wright <br />of US Bank within the past 10 minutes. They are very interested in <br />working with us to redevelop the whole NE corner. <br />Joel Hanson <br />City Administrator <br />(651) 766 -4040 <br />Page 5 <br />