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DocuSign Envelope ID: FCD72E00-A64B-4F6E-9E61-E015A54D85B8 <br />VICTOR LAND HOLDINGS, LLC <br />13925 FENWAY BLVD N <br />HUGO, MN 55038 <br />(651) 762-1110 <br />November 9, 2021 <br />Rachel Juba <br />Community Development Director <br />City of Hugo <br />14669 Fitzgerald Ave N <br />Hugo, MN 55038 <br />Re: 140th Street Extension <br />Dear Rachel, <br />Victor Land Holdings is requesting that the City of Hugo adds 140th street extension to their CIP <br />plan for 2022. This extension would be from existing connection west of Fenway Blvd N to the <br />City Park property. The extension of 140th street would be City led from design through <br />construction of the project to be completed in 2022. Since this street is bordered by City owned <br />property to the north and to the west along with Victor Land Holdings property, we are <br />proposing a 50/50 cost share in the project. Victor Land Holdings is also requesting that its <br />share of the expense be assessed over 5 years. <br />We appreciate your consideration on this matter and look forward to the City of Hugo's <br />partnership on this matter. <br />Sincerely, <br />Victor Land Holdings, LLC <br />Docuftned by: <br />DBFS5D41E90 01... <br />John H. Schwieters <br />Owner <br />JHS/bjk <br />