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Sent By: Oakwood Land Development, Inc; 612 780 8591 ; Jul-26-99 9:04AM; Page 2/2 <br /> OAKWOOD LAND DEVELOPMENT, INC. <br /> 1611 Highway 10 • Spring Lake Park,MN 55432 <br /> `-' <br /> Phone:612-780-4996 • Fax:612-780-8591 <br /> February 11, 1999 <br /> Peggy }Jaselius <br /> 2381 County Road I <br /> ' '""' Moundsview, MN 55112 <br /> Re: Your lots on Pinewood Circle <br /> Dear Peggy, <br /> This letter is to summarize the discussions we had today regarding your lots <br /> Pinewood circle. We will pay you $17,500 per lot for Lots 17 and 18 <br /> Edgewood Square if we are able to get the City of Moundsview to vacate the <br /> drainage and utility easements which currently encumbers these two lots. <br /> I have decided that it will be necessaryto hire an attorney to help us work <br /> toward approval of our vacation request. All costs associated with <br /> development, including attorneys fees, will be paid by us. <br /> If this arrangement is agreeable to you, please sign a copy of this letterand <br /> then 1 will begin to work towards our objective. <br /> S',,\•ely, <br /> Jot t Peterson <br /> Presi, tjvcizztaQf v <br /> / ' <br />