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<br />Attachment B <br /> <br />Summerset Meadows, LLC <br />3050 Echo Lake Road <br />Mahtomedi, MN 55115 <br />(651) 770-5250 <br /> <br />April 20, 2009 <br />Ms. Amber Miller <br />Community Development Director <br />City of Ramsey <br />7550 Sunwood Drive NW <br />Ramsey,~ 55303 <br /> <br />Re: Summerset Meadows Preliminary Plat <br /> <br />Dear Ms. Miller, <br /> <br />We would like to extend for one year the Surnmerset Meadows preliminary plat <br />previously extended by the Ramsey City Council and effective through Apri12009. The <br />downturn in the Twin Cities housing market continues and the outlook for the remainder <br />of 2009 is uncertain. In addition, the loss of entitlements to the property could jeopardize <br />our financing and the viability of the future development. Additional time allows us to <br />continue to evaluate the market with the intent of cormnencing development as soon as is <br />practical. The city's continuing support of the project and protection of our approvals is <br />greatly appreciated. ' <br /> <br />Please contact Greg Schlink at (651) 747-4251 or me if you have any questions. <br /> <br />Sincerely, <br /> <br />~5T7n~~-fr- .d\ <br /> <br />Gary T. Mulcahy, Sr. <br />Chief Manager <br />Surnmerset Meadows, LLC <br /> <br />C: G. Schlink <br />