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<><>, <br />NEM <br />COMMERCIAL <br />PROAERTIES <br />A Real Estate Services Company <br />299 Coon Rapids Boulevard <br />Suite 200 <br />Coon Rapids, MN 55433 <br />763.862.2005 Office <br />763.862.1925 Fax <br />City of Ramsey <br />7550 Sunwood Drive <br />Ramsey, Minnesota 55303 <br />April 21, 2021 <br />RE: Proposal to lease space at: 6745 Hwy 10 Ramsey, MN <br />Dear Mr. Sullivan, <br />This correspondence is to serve as a letter of intent to enter into a lease agreement for <br />warehouse space located at 6745 Hwy 10 Ramsey, MN. This letter of intent will allow us <br />to move forward on a layout and to finalize a building lease agreement for the building. <br />The general terms of the lease are anticipated to be as follows: <br />TENANT: Mille Lacs Motor Sports II, Inc. <br />6781 Hwy 10 <br />Ramsey, MN 55303 <br />Page 1 of 4 <br />