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3-05-1997 6:13PM FROM MSP REAL ESTATE. INC. 612 336 4566 P. 3 <br /> In order for us to begin to assemble our financing package, we need a letter of intent <br /> from the EDA that you will negotiate the sale of this land with MSP Real Estate, Inc. <br /> We think that this concept of combining these three adjacent properties into one high <br /> quality community has a Iot of merit We look forward to working with the City of <br /> MoundsView on the development. <br /> If you are willing to enter into exclusive negotiations with MSP Real Estate, Inc. to <br /> work toward a Purchase Agreement on this parcel of land, please sign below. <br /> Acknowledged on this _th day of March, 1997 Sin ely j 1{ <br /> City of MoundsView % <br /> 111 <br /> Ey: J ett <br /> adosthilr • <br />