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City of #,..k <br />RAMSEY <br />DRAFT <br />September 07, 2016 <br />Jim Chapa <br />J&B Group <br />13200 43rd St. NE <br />St. Michael, MN 55376 <br />Mr. Chapa: <br />7550 Sunwood Drive NW • Ramsey, MN 55303 <br />City Hall: 763.427.1410 • Fax: 763.427.5543 <br />www.cityoframsey.com <br />The purpose of this correspondence is to provide you with a report of "NO DEFAULT" RE the following <br />agreements between the City of Ramsey and Hageman Holdings, LLC: <br />1. City of Ramsey Development Contract for Alpha Development and Legacy Christian Academy <br />Site Plan —County Record 2022343.005—dated May 20, 2011. <br />2. Storm Water Treatment and Ponding Maintenance Agreement —County Record 2022343.008— <br />dated may 20, 2011. <br />3. Assessment Agreement —County Record 2022343.006—dated May 20, 2011. <br />As of September 07, 2016, Hageman Holdings is in compliance with all three agreements outlined above, <br />and the City of Ramsey is aware of no defaults. <br />This letter may be used by Hageman Holdings, LLC and U.S. Bank. <br />Best, <br />Kurt Ulrich <br />City Administrator <br />It is our mission to work together to responsibly grow our community, and to provide quality, cost-effective and efficient government services. <br />