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DEC-04-97 14 = 26 FROM= CHRISTIAN BUILDERS ID= 23 PAGE 2 <br /> I <br /> )ecem her 4, 1997 <br /> City of Elk River <br /> Attention: Paul Steinman <br /> 13065 Orono Parkway <br /> P.O. Box 490 <br /> kik River. MN 55331) <br /> I)ear Paul: <br /> Please be aware that the (.Gagne Partnership is interested in selling the City oI'f?Ik River <br /> • the East 4.4 acres of our land next to the county court house. <br /> We are doing this to help facilitate the development of the property with Mr. Christian. <br /> We will then give Mr. Christian a one year option to purchase the balance ol'the land for <br /> his project. <br /> The price of the 4.4 acres would be $190,000.0( payable as follows: S125.000 by <br /> January 1. I 9OX, and S65.000.00 placed in escrow for assessments. 11 this is agreeable we <br /> can sign the casement at the same time. <br /> Sincerely, <br /> c414 <br /> W I I t red ). e <br /> 4110 <br />