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TV <br /> April 12, 2017 <br /> Tom Betti <br /> Partner <br /> 292 Design Group <br /> 3533 E Lake St <br /> Minneapolis, MN 55406 <br /> Re: Elk River Ice Arena <br /> Dear Mr. Betti, <br /> RIM Construction is pleased to present a preliminary estimate for the Elk River Ice Arena project located in Elk <br /> River, Minnesota. Together with The City of Elk River and 292 Design Group, we can work as a team to deliver <br /> the project goals of cost, schedule and quality. Our estimate is based upon drawings dated March 27, 2017 and <br /> site visit conducted April 10, 2017. <br /> Total Base Construction Estimate: $18,768,461 <br /> CLARIFICATIONS: <br /> No. 1: Value above is the estimated construction value only. Please see the attached estimate summary <br /> with additional potential owner cost items. <br /> Thank you for the opportunity to provide this estimate. Our team is experienced and competent in your market; <br /> this applied knowledge will assist the team in obtaining the best possible project value. Please feel free to contact <br /> RIM if you have any questions or need additional information. <br /> Sincerely, <br /> Eric Sonnenberg <br /> Estimator <br /> ^ e•M a e <br />