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Tom and I are very sorry that we have been unable to complete the purchaseas <br />planned. It is very frustrating for usas we were movingquickly to have our contractor <br />andsuppliers ready for a fall of 2019 start. That is now not going to happen. We <br />understand thatthe council and EDA have workedhard to help us get this ready to close <br />and Iam sure it has beenas frustratingfor youand yourstaff as it is for us. Regrettably, <br />without this agreement Anderson Dahlen does not anticipate needing additional <br />manufacturing space until 2024 at the earliest. Therefore,we would not elect to <br />construct the space without this dealbeing in place. Wecertainly understand that the <br />councilwould like to get this land back on the tax roles producingrevenue for the city. If <br />st <br />you are not able to hold the property until January 31please let us know. We very <br />much appreciateyourpatiencewhile we try to complete this contract. <br />Sincerely, <br />David J. Knoll <br />CFO <br />Anderson Dahlen, Inc. <br /> <br />