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TONY EMMERICH HOMES <br /> <br />City of Ramse~ 6/26/95 <br />15153 Nowthen Boulevard NW <br />aamsey, mN 55303 <br />ATTN: Mr. Ryan Schroedor; City Manager Mk. Bill ~Ood£ich; City Attomney <br /> Mr. Glen Hardin; Mayor <br /> <br />Dear Sirs: <br /> <br />after readin~ 'th~ Axtlul~ is~ th= ~6ka Union on June 22, 1905, <br />felt compelled to respond to set the record straight, I am the <br />co-developer of Amber Ridge in Ramsey. <br /> <br />I have had a banking relationship with the Senior Vice President <br />of Northeast Sate Bank for over 20 years. We secured a mortgage <br />for the improvements to Amber Ridge from Northeast State Bank at <br />market rate interest. This is no different than any mortgage we <br />have secured in different communities throughout the metro area <br />over the last 20 years. I fail to see how anyone but the owners <br />of Northeast State Bank receive any direct benefit from these <br />transactions. I consider any implications to the contrary a <br />direct insult to my integrity. I understand why people with <br />integrity and high principals, like Mayor ~ardin, hesitate to run <br />for public office. <br /> <br />I am extremely disgusted that the official newspaper for Anoka <br />County would resort to such tabloid style journalism when all the <br />~nform~tlon £olating to that transaction J.s a matter of p~blic <br />~eco£d. <br />~i~erely, <br /> <br />Tony Emmerich Homes <br />Got-em LLC <br /> <br />cc Kim Knutson, Editor <br /> ABC Newspaper <br /> <br />10738 IIanson Blvd. NW · Coon Rapids, MN 55433 <br /> <br /> <br />