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Glacier Investment to Council/Thank You LetterGlacier Investment Properties 125 School House Loop Kalispell, NIT 59901 July 24, 2011 City of Kalispell 201 1 ".Ave. East Kalispell, NIT 59901 Attn: City Council & Mayor Re: Old School Station — TIF — Lot 7 Dear Council Members & Mayor Fisher: Glacier Investment Properties wanted to write the Council to thank them for voting in favor of Resolution No. 5506 authorizing TIF funds to be paid to offset our SID obligations for Lot 7 of Old School Station over the next 10 years. Hopefully this action by the City of Kalispell will help influence future buyers of lots in Old School Station. Thank you again from all of us at Glacier Investment Properties. Denise Hanson — Engineer Michael Absalonson - Architect Tom Coburn- Engineer Chad Miner — Engineer cc. Wade Elder — Revolving Loan Fund Manager Charlie Harball — City Attorney