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CONSOLIDATED LUMBER COMPANY/ <br /> GENERAL OFFICE • • • 808 NORTH FOURTH STREET <br /> • <br /> "Dependability from the ground up" STILLnVATER., MINNESOTA 55082-4004 <br /> (651)439-3138 <br /> May 26, 2004 r a, <br /> Heidi Steinmetz <br /> City of Elk River <br /> 13065 Orono Parkway <br /> Elk River, Minnesota 55330 <br /> Dear Heidi: <br /> You and I discussed the City of Elk River's Tax Rebate Financing (TRF) on our Arrow <br /> Building Center project. We have since reviewed the Tax Rebate Financing Policy and <br /> Application documents that you provided. <br /> At this time we would like to withdraw our request for Tax Rebate Financing (TRF) through <br /> • the City of Elk River. Please consider this letter as our withdrawal notice on the Arrow <br /> Building Center project. <br /> Please call me if you have any questions. I can be reached at Ext. 201. <br /> Sincerely, <br /> CONSOLIDATED LUMBER COMPANY <br /> D/B/A ARROW BUILDING CENTER <br /> zZele4;%9.. <br /> David L. Majeski <br /> President <br /> • <br />