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• May 19, 1993 <br /> Page 2 <br /> 5) No financial contribution or stock purchase will be expected from either Sherburne <br /> or Wright County entities. <br /> Attached is a written outline of the proposal being advanced by my Board of Directors. By <br /> comparing this outline to earlier correspondence, you may better be able to ascertain the <br /> differences between the two plans. <br /> I would like to invite you to be my guest at a lunch at 1:00 p.m. on Wednesday, May 26th <br /> at Russell's Restaurant in Big Lake to discuss this latest proposal. I will be prepared to <br /> answer any questions you may have on the different proposals at that time. <br /> Assuming that you would wish to proceed with the plan for expansion of CRDC's service <br /> territory into Sherburne County, I would also like to get your thoughts as to whether or not <br /> we should apply for a temporary (1 year) expansion or opt for the somewhat riskier <br /> permanent expansion. The attached sheets outline some of the pros and cons of each of <br /> those courses of action. <br /> • Although I hope to see you at Russell's on May 26th, I hope that you will not hesitate to call <br /> me at 1-755-2304 before that date if you have any questions. <br /> Sincerely, <br /> COON RAPIDS DEVELOPMENT COMPANY <br /> Kristin M. Wood <br /> Administrator <br /> KMW/ld <br /> Attachments <br />