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10/02/06 08 :27 FAX 651 770 8118 MULCAHY INC a002/002 <br />September 29, 2006 <br />Mr. Patrick Trudgeon AICP <br />Community Development Director <br />City of Ramsey <br />15153 Nowthen Blvd. NW <br />Ramsey, Minnesota 55303 <br />Summerset Meadows LLC <br />3050 Echo Lake Road <br />Mahtomcdi, MN 55115 <br />Re: SumnZerset Meadows Preliminary Plat: <br />Dear Pat: <br />As we recently discussed, we would like to extend for one year the Summerset Meadows <br />preliminary plat previously approved by the Ramsey City Council on October 25, 2005 <br />(i.e. effective through October 25, 2007). We are currently reevaluating the site plan <br />given the considerable decline in the marketability of multifamily units in the Twin Cities <br />metro area as well as the introduction of the new Ramsey Crossings retail development, <br />part of which incorporates the eastern portion of Summerset Meadows. <br />Please contact me if you have any questions or comments at 651- 770 -5250. <br />Sincerely, <br />Gary T. Mulcahy, Sr. <br />Chief Manager <br />Summerset Meadows LLC , <br />cc: H Bruggeman <br />P Bruggeman <br />K Tomlinson <br />