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j RYLAND <br /> -- - --- -A R 2 i 2005 <br /> April 22, 2005 <br /> Mr. Mike Ericson <br /> City Administrator <br /> City of Hugo <br /> 14669 Fitzgerald Ave. N. <br /> Hugo, MN 55038 <br /> Re: Redevelopment references and examples of Letters of Intent designating Master <br /> Redeveloper <br /> Dear Mike: <br /> Thank you for a very productive meeting Thursday morning. As I agreed at the meeting, <br /> I have contacted both Kirk McDonald of New Hope and Bob Schreier of Brooklyn Park. <br /> In addition to many other Cities where we do redevelopment and new development, we <br /> are currently underway with redevelopment in both New Hope and Brooklyn Park. In <br /> New Hope, we are finishing up Winnetka Green and are in the RFQ process for another <br /> development next to the City's golf course. <br /> Both Kirk(763) 493-8060_and Bob (763) 531-5100 said they would be very happy to talk <br /> with you about their partnership in redevelopment with Ryland. <br /> I am enclosing copies of term sheets and Letters of Intent from both communities. I <br /> would be glad to draft a Letter of Intent for Hugo to get things going, if you wish. <br /> We are working on a new community based concept plan for Hugo, incorporating the <br /> ideas we discussed that we should have complete within a week or so. <br /> lea call if you have any questions in the meantime. We will be in touch with you. <br /> S rely, ­Nw""'�`"°°`:. <br /> W100v <br /> is Enger <br /> Land Resourc anager <br /> Ryland Homes <br /> Twin Cities Division <br />