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January 4, P021 <br />Sean Sullivan <br />Cily of Ramsey <br />BE: Purchase ,11;rcrntrril Extension — [:1{;I'a Salim <br />Dear Scan and City StatT <br />This letter shall serve US a request to extend the current Purchase Agreement Closing Danz as <br />outline in the Purchase Ain -cement with Gigs Salon (Buyer) and the City of Ramsey (Seller) <br />Gigi's has been through several delays and the SBA financing liar taken much longer than <br />anticipated. We would like to formally request a new cloying date of April 30. 2021. This <br />will allow us ample time to go through the city proct.s. We believe that this additional time <br />will allow us to have a building permit in hand by the time we dose. Our goal would be to <br />break ground as soon as we close 011 the land. <br />1Vc are committed open a new facility in the City of Ramsey. and we arc committed to this <br />project. 1Ve are not asking 1hr any additional changes to the Purchase Agreement. lee would <br />just like additional time to properly go through the city process and SBA loan process. <br />Pleas feel free to mach out with any questions or comments. <br />Thank you, <br />Gingcr [din anti Gillian Rote <br />