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Glacier Investment to Harball/Latecomer's FeesGlacier Investment Properties, Inca 125 Schoolhouse Loop Kalispell, MT 59901 Charles Harball, City Attorney City of Kalispell P.O. Box 1997 Kalispell, Montana 59903-1997 Re: Old School Station — Water and Sewer Latecomer's Fees Dear Charlie: The intent of this letter is to let the City of Kalispell know that Glacier Investment Properties (GIP) intends to pay the late comers fee for Old School Station but will have to obtaining financing to do so. We anticipate financing will be arranged and the fee paid by January 1, 2009. GIP does not concur with the interpretation of the City on the Latecomers Agreement and that by paying such amount waive no claims or rights you may have relating to the Developer or other parties relating to the purchase of the property. Sincerely, Glacier Investment Properties Man g Members: Brian A. Solan Purnal Whitehead Mike Absalonson Cc Linda Hewitt Conners Glacier investment Properties, Inc.