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Buckwalter/2nd Financing Ext of ContingenciesIn BUCKWALTER LAW FIRM PLLC 40 2^d St. E., Ste. 222 Kalispell, MT 59901 Phone: (406) 314-6444 Fax: (406) 890-6705 July 26, 2022 Charlie Harball Kalispell City Attorney 201 First Avenue East Kalispell, MT 59901 Mark W. Buckwalter* mark(@buckwalterlawfirm.com Chase Giacomo chase0buckwalterlawfirm.com Joanna Galbraith ioanna@)buckwalterlawfirm.com Laura J. Webb** laura(@buckwalterlawfirm.com *Licensed in Montana and Idaho **Licensed in Montana Washington and California Via Hand Delivery Re: Extension of Financing Contingency and Substantial Completion Date in Contract for Private Development for Charles Hotel Dear Charlie: Pursuant to Section 3.4 of the Contract for Private Development between Kalispell Urban Resort Partners, LLC ("KURP") and the City of Kalispell, Montana dated January 12, 2022, my client, KURP, would like to extend the financing contingency in Section 3.4 of that Contract to November 30, 2022. My client would also like to extend the substantial completion date for the hotel set forth in Section 4.4 to November 30, 2024. While it is my clients' intent to have financing in place prior to that date and complete the hotel in a timely manner, the revised plan for the parking garage is requiring some additional due diligence regarding the connection between the hotel and parking garage. If you would please have the appropriate City of Kalispell official sign below indicating approval to the requested extensions and return a signed copy to my office, that would be much appreciated. Sincerely, /s/ Mark W. Buckwalter Mark W. Buckwalter mark@buckwalterlawfirm.com EXTENSION ON FINANCING CONTINGENCY IN SECTION 3.4 TO NOVEMBER 30, 2022 AND SUBSTANTIAL COMPLETION DATE IN SECTION 4.4 TO NOVEMBER 30, 2024 OF CONTRACT FOR PRIVATE DEVELOPMENT, APPROVED. CITY OF KALISPELL MONTANA BY: C,G*G,ee— ITS: