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Bank, <br /> 1300 Babcock Blvd E <br /> Delano, MN553Z8 <br /> January l9, 2O24 <br /> City ofRamsey <br /> Sean Sullivan <br /> Economic Development Manager <br /> 755OSunvvood Dr. NVV <br /> Ramsey MN553O3 <br /> OearSean, <br /> As a result of the City of Ramsey not approving CorTrust Bank's application for the construction of a Branch at the <br /> corner of Zeiolite and Sunwood after agreeing to all of the conditions set forth by the Ramsey City Planner and <br /> Ramsey Planning Commission, CorTrust Bank is formally requesting the return of the earnest money of$10,000 and <br /> the $B7,G44.31in additional expenses. | breakdown of the expenses can besuppUed upon request. [orTrust has no <br /> interest in moving forward with any other parcels in the City of Ramsey. Please respond by February 2, 2024,. with <br /> your willingness to reimburse for the expenses incurred by CorTrust Bank. If you have any questions regarding this <br /> matter, please feel free to call meat(7G3) 972-42l9. <br /> Since7. .,Iy, <br /> Dean Suchy <br /> Market President <br />