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COPY <br />BY TELECOPY <br />FAEGRE & BENSON COPY <br />2200 NORWEST CENTER <br />90 SOUTH SEVENTH STREET <br />MINNEAPOLIS, MINNESOTA 55402 -3901 <br />612/336 -3000 <br />October 1, 1993 <br />Ms. Mary L. Ippel <br />Briggs & Morgan <br />W -2200 First National Bank Bldg. <br />St. Paul, MN 55101 <br />RE: City of Little Canada Development Agreement <br />Dear Mary: <br />Enclosed is a revised draft of the letter regarding <br />maintenance of the Retaining Wall, incorporating the changes we <br />discussed this morning. The enclosed draft has been marked to <br />show changes from the draft date 09/29/93. <br />I am, by copy of this letter, sending a marked copy of <br />the revised letter to Joel Hanson, at the City of Little Canada, <br />as you requested. In addition, I am sending to Mr. Hanson three <br />execution copies of the Release of Development Agreement, in the <br />same form in which it was forwarded to you earlier this week. <br />Please note that our closing is scheduled for Wednesday morning, <br />October 6, 1993, so we would like to receive back from the City <br />the duly executed Releases of Development Agreement by the close <br />of business on Tuesday, October 5. I would appreciate it if <br />Mr. Hanson could arrange to forward the executed and acknowledged <br />Releases directly to me. <br />Separately, I will arrange to have delivered to your <br />office an original of the letter regarding the Retaining Wall, <br />duly executed by Norwest. I would ask that you hold the letter <br />in your file, pending our closing. Upon a successful closing, <br />you are authorized to release the letter to the City. I will <br />phone you when the closing is final. <br />Page 36 <br />