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419364v1 SJB LN140 -109 4 <br /> <br />5. The County will distribute the net proceeds as soon a s reasonably practicable after the <br />State deed for the Parcel is received and filed by the County. <br /> <br />Please acknowledge your acceptance of these terms by signing in the space below and returning to me <br />at your earliest convenience. We understand that the ter ms described in this letter are subject to <br />approval by the County Board and issuance of a state deed by the Minnesota Department of Revenue, <br />and that this letter is not intended to be a binding contract between the EDA and County. <br /> <br />Please call me at 651 -98 2 -2405 or Economic Development Coordinator Mary Alice Divine at 651 -982 - <br />2423 if you have any questions. Thank you for your consideration of this matter. <br /> <br />Sincerely, <br /> <br /> <br /> <br />Jeff Karlson, City Administrator and EDA Executive Director <br />City of Lino Lakes <br /> <br /> <br />Accepte d on ____________, 2013 by: <br />ANOKA COUNTY RECORDS AND PUBLIC SERVICE D EPARTMENT <br /> <br />By ____________________________ <br />Larry Dalien <br /> <br /> <br />Cc: Dan Klint <br /> Stephen Bubul <br /> <br />