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WAGENLANDER & HEISTE P C <br />James F. Wagenlander <br />David V. Heisterkamp II <br />Amber L. Hunter <br />Sylvia Curley <br />ATTORNEYS AT LAW <br />DENVER, COLORADO <br />ULAANBAATAR, MONGOLIA <br />Suite 1202 Of Counsel: <br />1700 Broadway B. Enkhbat* <br />Denver, Colorado 80290-1201 *(LICENSED ONLY IN MONGOLIA) <br />United States <br />(303) 832-6511 <br />Fax: (303) 830-2246 <br />wagenlan@wagenlander.corn <br />May 22, 2012 <br />MAILED AND FAXED TO: (303) 335-4550 <br />Board of Commissioners <br />Louisville Housing Authority <br />749 Main Street <br />Louisville, CO 80027 <br />Re: Engagement Letter <br />Dear Board of Commissioners: <br />We are very pleased that we can be of assistance to the Louisville Housing Authority. <br />This letter is to acknowledge that you have initially engaged our firm to provide legal counsel <br />and advice regarding an agreement to transfer all Louisville Housing Authority properties to the <br />Boulder County Housing Authority and related issues. <br />Our fees for such representation are billed hourly in accordance with the rates shown on <br />the attached fee schedule. Per your request, we have discounted the rate of our Senior Associate, <br />Amber Hunter, who will be performing much of this work. This rate schedule may be changed <br />with prior written notice to you. Most out-of-pocket costs and expenses necessarily incurred in <br />providing our legal representation will also be billed to you. Such costs and expenses will <br />include photocopies, fax charges, long distance telephone charges, postage and overnight <br />delivery charges, mileage and travel expenses, and court filing fees, if required. <br />We will provide you with a monthly written statement of the fees and costs incurred each <br />month. The statement will contain detailed narratives of our work and a list of expenses. <br />Payment of each statement in full is to be made no later than thirty (30) days of receipt. A one <br />and one-half percent per month penalty may be assessed should any statement not be paid within <br />thirty (30) days of receipt. <br />Either you or our firm may terminate this agreement at any time with written notice to the <br />other. You will be obligated to pay for work and expenses incurred up to the date of such <br />termination. <br />