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opportunity for the City and the developer. The developer has security that <br /> • over time, the funds needed to complete the project will be available, and the <br /> City has security that the funds will be used specifically to that end. Both <br /> developer and City benefit by occupancy and completion of the project, and <br /> the City receives the additional benefits of job creation, more corporate <br /> citizens, and the economic impact of Building N tenants spending money on <br /> restaurants, products, and services in the community. <br /> Please call me with your thoughts and comments after you have reviewed <br /> this letter and the enclosed financial projections. Thank you for your <br /> assistance in this matter. <br /> Sincerely, <br /> REDHORSE REAL ESTATE INC. <br /> fp <br /> (ttS <br /> ')\\ <br /> Timothy J. Nelson• .a.) <br /> Enclosure <br /> cc: Mayor Jerry Linke <br /> Kurt Ulrich, City Administrator <br /> 4 <br />