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11 March 2013 <br />Elk River Economic Development Authority <br />Suzanne Fischer, EDA Executive Director <br />13065 Orono Parkway <br />Elk River, MN 55330 <br />RE: Letter of Commitment for Elk River Forgivable Loan Application <br />Dear Ms. Fischer, <br />This letter is my official pledge of commitment to complete my approximately 70,000 square foot <br />building for Preferred Powder Coating no later than November 2013. <br />I am hoping to break ground on this project in August of 2013. <br />If you have any questions or need additional information, please do not hesitate to contact Annie <br />Deckert, Deckian Group, at 612-564-0795. <br />I appreciate your time. <br />Respectfully, <br />Dan Bosshart <br />Vice President of Operations, Preferred Powder Coating, LLC. <br />