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Harball to Glacier Investment - Latecomer's FeesCity of Kalispell Charles A. Harball office of City Attorney Tel 406.758.7977 City Attorney 201 First Avenue East Fax 406.758.7979 P.O. Box 1997 charball@kalispell.com Kalispell, MT 59903-1997 October 14, 2008 Glacier Investment Properties, Inc. 125 schoolhouse Loop Kalispell, MT 59901 Re: Cold School Station --- Water and Sewer Latecomer's Fees Gentlemen: Thank you for your letter which was hand delivered to my office last week in which you acknowledged that you would be making full payment of the Old School Station water and Sewer Latecomer's Fees that are past due before January 1, 2009. In consideration of and in reliance upon this assurance the City will take no legal action before that time. I would ask that, as a courtesy, I am provided with one or two further assurances in the next 10 weeks that I can pass on to the investor that the matter is moving forward. I imagine that he too has creditors who are concerned about cash flows and who simply want some reassurance. SincerelyOes C Harball City Attorney cc: Linda Hewitt Conners Ken Kalvig