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<br />Mayor Jim Tralle <br />Page 2 <br />November 20, 1992 <br /> <br />. <br /> <br />The foregoing proposal is subject to the satisfaction of the condition precedent that all of <br />the terms and conditions with regard to the transactions shall be stated in a definitive <br />agreement mutually satisfactory to the City and UPA. <br /> <br />If the proposal is acceptable to the governing body, UPA is prepared to promptly enter <br />into discussions to work out all of the necessary legal details. <br /> <br />UP A is grateful for the opportunity to acquire and control UP A. Drive access to its plant <br />and office site. PlealSe call me if there are any questions concerning this proposal. <br /> <br />Sincerely, <br /> <br />UNITED POWER ASSOCIATION <br /> <br />~~- <br /> <br />Philip O. Martin <br />Executive Vice President <br />and General Manager <br /> <br />. <br /> <br />POM/cjc <br /> <br />c: Pat Klaers <br /> <br />. <br />