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5. If the City were to move forward with this project, due to the proposed upfront $3M <br />public contribution, we would likely require performance by RRH (or the developer), <br />to complete a certain number of homes, a certain quality of homes, by a certain <br />time. We would want to know RRH (or the developer) is on board with considering <br />that type of arrangement. <br />If the sewer system was not earmarked for this project but part of the overall plan for <br />the area, The city would have the cost of the tunnel earmarked for this project. The <br />tunnel as mentioned previously would become a part of the city trail system. The current <br />estimate from SEH would be around 500 to 600 K. which would be public funds. The topic <br />in (4) would addressed in the development agreement between the city and RRH. <br />--Rum River Hills <br />Page 4 of 4 <br />