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IU Cityr <br />Louisville <br />COLORADO - SINCE 1878 <br />October 19, 2011 <br />MEPT Coal Creek Business Park I LLC <br />c/o Bentall Kennedy (U.S.) Limited Partnership <br />Attn: Gabe Kompkoff <br />1215 Fourth Avenue, Ste. 2400 <br />Seattle, WA 98161 <br />McNaul Ebel Nawrot & Helgren PLLC <br />Attn: Nancy G. Stephenson <br />600 University St., Ste. 2700 <br />Seattle, WA 98101 <br />Office of the Mayor <br />Re: Tract B, Coal Creek Business Park, City of Louisville, Boulder County, <br />CO (Property) <br />Dear Mr. Kompkoff and Ms. Stephenson: <br />This letter is in response to Ms. Stephenson's letter dated October 4, 2011 <br />(attached) to the City of Louisville (the "City ") with regard to the City's first right to <br />purchase Tract B or any portion thereof (the "First Right to Purchase ") pursuant to the <br />Deed of Conservation Easement in Gross recorded on November 26, 1998 by and <br />between MEPT Coal Creek Business Park I LLC ( "Owner "), as Grantor, and City of <br />Louisville, as Grantee. <br />The City hereby notifies Owner that the City of Louisville has met to review the <br />City's First Right to Purchase and hereby waives its right to purchase Tract B. This <br />waiver should only be applicable to this sale. <br />Sincerely, <br />Chuck Sisk <br />Mayor <br />749 Main Street I Louisville CO 80027 <br />303.335.4533 (phone) 1 303.335.4550 (fax) <br />www.louisvilleco.gov <br />