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Melanie Curtis <br /> From: Alexander, Matt[malexander@karealty.com] <br /> Sent: Friday, May 31, 2013 9:05 AM <br /> To: Melanie Curtis <br /> Subject: RE: 875 Wayzata Boulevard <br /> Melanie— <br /> Please accept this as a formal written request to release our current Letter of Credit described below and utilize the <br /> portion of the escrow necessary to cover remaining landscape items. Please send a check to my attention for the <br /> remaining balance of the escrow fund. <br /> Thanks, <br /> Matt S.Alexander I Director of Real Estate Development <br /> malexander(a)karealty.com I direct 952-948-9401 <br /> Kraus-Anderson Realty Company 14210 W. Old Shakopee Road, Bloomington MN 55437-2951 <br /> Main 9521881-81661 fax 952-881-81141 www.krausanderson.com <br /> Please consider the environment before printing this email. <br /> From: Melanie Curtis [mailto:MCurtis@@ci.orono.mn.us] <br /> Sent: Friday, May 17, 2013 4:18 PM <br /> To: Alexander, Matt; Beckwith, Jim <br /> Subject: FW: 875 Wayzata Boulevard <br /> Jim & Matt <br /> Please see the attached comments and the highlighted site plan from our engineer. As you know, we currently hold the <br /> following securities: <br /> • LOC $56,374 <br /> • Development Escrow $30,000 <br /> • Monument Sign Permit Escrow $2,000 <br /> According to Martini's recommendation, we should still hold on to some security for"landscaping"which is covered with <br /> the LOC. If it is your intent to have the City release 100% of the LOC I will need you to send me something in writing <br /> which allows the City to utilize the cash escrow funds (which are held for wetland buffer vegetation, erosion control and <br /> City GIS base map updating) in order to do so. Please advise as to how you would like to handle this. <br /> Melanie <br /> Melanie Curtis IN 952.249.4627 H mcurtis@ci.orono.mn.us <br /> From: David Martini [mailto:davidma@bolton-menk.com] <br /> Sent: Tuesday, May 14, 2013 10:34 AM <br /> To: Melanie Curtis <br /> Subject: 875 Wayzata Boulevard <br /> Melanie, <br /> Here is the recommendation letter for 875 Wayzata Boulevard. <br /> Let me know if you have questions. <br /> 1 <br />