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L <br />if\i Bonestroo <br />g^Rosene <br />Ancterfik & <br />|\|| Associates <br />Engineers ft Architects <br />EXHIBIT B t%sX iS^2335 West HIgr.way 36 • St Paul. MN 55M3 \0 ^ ^ / <br />Office; 65I-636-4600 • Fax: 65I-636-I3II <br />wwwi>onestroo.com <br />April 27,2004 <br />O/.- <br />Ms. Janice Gimdlach <br />Planner <br />City of Orono <br />Post Office Box 66 <br />Crystal Bay, MN SS323 <br />% <br />Re: Professional Center n <br />File No. 139-04-000 <br />Plat No. 04-2984 <br />Dear Janice: <br />We have revised the estimated cost for site improvements to include the construction of the proposed <br />bituminous trail. The new estimated cost for site improvements is S206,800; a copy of the estimate is <br />attached. The applicant should provide the city with a financial guarantee for 150% of this amount or <br />S310,200 prior to any work on site. The financial guarantee should be in the form of cash or a letter <br />of credit. <br />If you have any questions please call me at (6S1) 604-4863. <br />Yours very truly. <br />BONESTROO. ROSENE, ANDERLflC Sc ASSOCIATES. INC. <br />/C7^ <br />Tom Kellogg i <br />Attachment <br />Cc: Greg Gappa, City of Orono <br />J* • I • • .% V • *• ••• « <br />• ■ . • • • • ; <••••• • •• <br />. , SI . .. .. <br />t »• » s- <br />•-4 <br />• . •••!. ji <br />• *#, • • <br />• St Pai^« St Cloudy Rocnesier. Witfmat MN • MMwsNilcee. Wl • Chicago. IL <br />pi’ 'j? ^ ri .. 7.V ,«.it ?.f I i.‘ It ..‘1