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<br />l~uJ 1 j 199~ <br /> <br />ELK PARK CENTER LIMITED PARTNERSHIP <br /> <br />November 11, 1994 <br /> <br />e <br /> <br />Mayor Hank Duitsman <br />and City Council Members <br />CITY OF ELK RIVER <br />P.O. Box 490 <br />13065 Orono Parkway <br />Elk River, MN 55330 <br /> <br />Re: Elk River Shopping Center <br /> <br />Dear Mayor Duitsman and Members of the City Council: <br /> <br />I wish to inform you at this time that on October 18, 1994, Kraus- <br />Anderson of Elk River, Inc., a wholly owned subsidiary of Kraus- <br />Anderson, Incorporated, purchased the interest of Orrin and Scott <br />Ericson and now owns 100% of the partnership. We are in the <br />process of deactivating the partnership and completing the <br />necessary internal paperwork to continue the development and <br />operating the shopping center under the ownership of Kraus- <br />Anderson of Elk River, Inc. <br /> <br />e Orrin and Scott Ericson have no further associations with the <br />project or any other project of any Kraus-Anderson entity. <br /> <br />Sincerely, <br /> <br />ELK PARK VALU CENTER LIMITED PARTNERSHIP <br /> <br />By Kraus-Anderson of Elk River, Inc. <br /> <br /> <br />Burton F. Dahlberg <br />President <br /> <br />BFD/mmm <br /> <br />cc: Steve Ach, City Planner <br />Patrick Klaers, City Administrator <br /> <br />e <br /> <br />523 South Eighth Street - Minneapolis, MN 55404 - 612/332-1241 - Fax 6U/332-8940 <br />