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,------a5/07/99 10:35 FAX 4159380 <br />c!! -.CL._1itie,. Inc. <br />CI TITLE INC <br />0 002 <br />May 7, 1999 <br />City of Little Canada <br />515 east-Ode Canada Road <br />Little Canada, MN 55117 <br />Attn: Joel Hanson <br />Re: )job( Country Drive <br />Dear Joel: <br />203 EasatRtlC-Canada Road <br />St. Paul, Minnesota 55117 <br />Telephone (612)4627731 <br />FacsfMe (612) 4821964 <br />Outside WAN (800) 304-3152 <br />- This letter is to advise you and the Little Canada City Council of C. L Title's <br />•cctiritinuing effort to maintain our corporate residency in the City of Little Canada. <br />• We have chosen developer Dick Blaglni to design an office facility for us in <br />which we-will-occupy 20,000 square feet. This facility would be located on the <br />Country.Drive property which lies between Little Canada Road and South <br />Owasso Blvd..(PID#s 06 -30-23- 14-0008 & 06- 30- 23- 14- 0024). We are also <br />prepared.to issue an irrevocable Letter of Credit in favor of the City of Little <br />Canada in a sum not to exceed $250,000.00 for the purpose of covering the <br />costs of purchasing the real estate needed for the project. <br />We are excited about the prospects of relocating our growing business to this <br />location - and -hope that this letter will reconfirm our commitment towards <br />remaining in the-City of Little Canada. <br />Your hard work and patience in working with us on this project is recognized and <br />welt.appreciated. Please contact me if there is anything else I can assist you or <br />the council with. <br />Sincerely, <br />C. I. Title, In- <br />atrick�J, aulton <br />P'reaident <br />. cc: Richard5Biagini <br />Scott Johnson. <br />