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ts <br />TheBank <br />r L K R. I V E R <br />SePtember 17, 2020 <br />Amanda Othoudt <br />Economic Development Director <br />rlattway <br />Ok.Kiver, MN SS330 <br />RE, Scott Morrell, LLC <br />Terry Morrell <br />Request for Extension <br />t,a -- c-A 'T . : L. -3 1 <br />I 4m requesting Elk River EDX-s Consideration oft <br />;3 two year extension of its loan to Scott Morrell, LLC. <br />The loan was originated in August o e <br />2015 for constrwtion of their new coroorate headquarters far Morrell <br />Enternrises and Morrell Oversite. The$ <br />the FDA's extension. the <br />River Is not able to match thelefts and conditions of <br />P!ease le, 'rne know if you have, any questio h <br />OWS,tan . , t kyOufOrYOur time and consideration, <br />Sincerely, <br />Rn�� <br />Vice Pr&iidunt <br />630 Wi�, Street 1'7,4 - vc, MN55330 pi-1163-441-,1000 t).763-441-OM7 wK-w.theb.ef7kofeIknwrcar,7 <br />