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Summerset Meadows LLC <br />3050 Echo Lake Road <br />Mahtomedl, MN 55115 <br />September 20, 2007 <br />Mr. Patrick Trudgeon AICP <br />Community Development Director <br />City of Ramsey <br />7550 Sunwood Drive NW <br />Ramsey, Minnesota 55303 <br />Re: Summerset Meadows Preliminary flat: <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 and effective through <br />October 25, 2007. The current challenges in the Twin Cities residential market and the <br />more recent decision not to proceed with the Ramsey Crossings retail development, <br />which included the eastern portion of Summerset Meadows, have necessitated we <br />reevaluate the scope and timing of our project. Further, the substantial uncertainty in the <br />residential market that exists today is also forecasted to continue for the next year. <br />Please contact me if you have any questions or comments at 651 - 770 - 5250. <br />Sincerely, <br />Gary T. Mulcah �Sr. <br />Chief Manager <br />Summerset Meadows LLC <br />cc: H Bruggeman <br />P Bruggeman <br />K Tomlinson <br />