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<br />lOOl 0 ~ C1'v'l"l <br /> <br />March 30, 2007 <br /> <br />Sheila Cartney <br />Senior Planner <br />City of Elk River <br />13065 Orono Parkway <br />Elk River, MN 55330 <br /> <br />Dear Sheila: <br /> <br />Due to current economic conditions, we are not planning on doing the improvements to the Prestigious <br />Woodland Hills 2nd plat at this time. [believe there is a one-year timeline for us to record the plat from the <br />time it was approved, which [believe was in May of 2006 and a recording date of May of2007. <br /> <br />We would respectfully request a one-year e"iension of this timeline to May of 2008. When the economic <br />conditions show a more favorable outlook, we would then execute the Developers Agreement, record the <br />plat and then do the improvements. The e"iension wonld benefit both the City and us so neither the City's <br />time or ours would be wasted in revisiting what was already agreed to. <br /> <br />[willl00k forward to yom response. [fyou have any questions, please call me at 763-441-6044. <br /> <br />Warm regards <br /> <br />'.<J7{/;/1. ~.. <br />-:)- <br />V ' <br /> <br />Scott A, Breuer, Chief Manager <br />Woodland Hills LLC <br />