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07/20/01 Hansz to Kerzman/Building PermitCity of Kalispell Post Office Box 1997 • Kalispell, Montana 59903-1997 • Telephone (406) 758-7700 • FAX (406) 758-7758 Me WN.-ALMID" July 20, 2001 To: Craig Kerzman, Chief Building Official CC: Chris Kukulski, City Manager Glen Neier, City Attorney P.J. Sorensen, Zoning Administrat From: Jim Hansz, Director of Public W Subject: Home Depot Building Permit Based upon discussions on Tuesday, July 17, 2001 with the City Manager, City Attorney and Stan Beard of Crosswell Development, and after further discussions with the Assistant City Engineer and City Attorney today, the Public Works Department has no objection to the issuance of a full building permit for construction of Home Depot. This opinion is conditioned upon receipt of security, in the form of a bond, or other security acceptable to the City Attorney, for 125% of the value of all improvements listed in Exhibit D of the agreement between the City and the Developer. The amount of this security should be $3,277,988.00 (125% of $2,622,390.00), less the value of any Exhibit D improvements completed to date.