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Sherman Associates, Inc. <br />233 Park Avenue South <br />Minneapolis, Mn. 55415 <br />Mr. John Grossman <br />HRA Director <br />City of Hastings <br />Re Downtown Redevelopment <br />Dear Mr. Grossman; <br />As per our phone conversation, we hereby request that the City of Hastings and <br />the Hastings HRA consider granting Sherman Associates, Inc. redevelopment <br />rights to those areas of the Downtown determined to be redeveloped thru the <br />City's to be completed study of their Downtown redevelopment area. This right <br />would be predicated on our being able to conform to the redevelopment goals <br />and parameters as prescribed within the study that the City is about to undertake. <br />We hope that our request will be given consideration based on our significant <br />investment to date in the redevelopment of your Downtown area. Thank you for <br />listening to our request. <br />Yours truly, <br />Loren E. Brueggemann <br />Vice President of Development <br />