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/ <br />Walden Pond Equities, L.P. <br />12]20 N.E. Bth Streat, Suite 200 <br />Hellewe, Washinqton 98005 <br />October 25, 1990 <br />City oL Evezett <br />Public Worke Department <br />]200 Ceder Street <br />Evetett, Wa. 98201 <br />Attn: Mr. Larrv Crawfard <br />ge; y�ii.�e,. v�n�t cor agide Letter <br />Dear Mr. Cravford: <br />P�``� <br />/�11i r./,ic. G � t� �-.� Z(.i <br />��(AJtlry..<...-tC CL'4.fn.�f'�ti <br />/�oOC ,1`� ;t-{.'�s� .-�i(�:•. <br />�I�A <br />We hava completed most of the sfte work and utilities for the above <br />mantioned project. To m;� undarstandinq Carol Tollefsen has <br />inspacted and approved tha work. The remaininq work is the final <br />adjustment of valve covers, etc. to match tha paving. At present <br />approximately one third of the site ia paved and the rock base is <br />down on enothar 40t of the pruject (it may ba paved by the time you <br />receive the lettar.) <br />In April of thie year you teleased 5oY of the 5226,807.�0 in the <br />ent aside. At this time wa are requasti.nq that you release an <br />additional 560,000 of the sat aeide. <br />Pleesa confirm your agreement vith the terms and conditions af this <br />letter by signinq where indicated and returning a copy to us. Our <br />fax number is 646-5444. we appreciate your cooperation in this <br />matter. <br />Yours Truly, <br />WALDEN POND EQUITIES, L.P. <br />Per: <br />First Western Equities, Inc <br />Pet: � ^ � <br />� � <br />Evan J. Hunden <br />Vice President <br />tel/LE <br />valset1025.1e <br />Confirmed and agreed <br />THE CITY OF EVERETT <br />Per: � � <br />� <br />