2006-2-17 Fax Albertville Project; T/C Homes, Inc 13501 Baisam Lane North �100
Daytan, fVlN 55327
763-712-1424 �
- 763-�712-1610 fax
,,,; A�dam Nafstad F�,,: Brian Tutt
Fsx: 763-497-3210 p�°i s
P��; Date: 2/17/2006
�, Albertville Project cc:
❑ Urgent ❑ For Revlew �Please Commant L7 Pleaae Repl�r ❑P�Qa�RecYcte
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Februasy i7,2D06
Dean Jolu�san
20170 7S`h Ave.N.
Carcoran,MN�5340
Fax 763-420-4044
Adarn Nafstad
5975 Main Ave. NE
PO Box 9
Albertvillc,�IN 55301
Fax 763-497-3210
SEN`i'VIA FAX
Dear Dean and Adam,
This letcer is in response to the meeting that I had with Ada�s Nafstad at the city of
Aibercville, and sevezal phone conversations with Dean Jor,�nson ovet the past week. I
have attached a proposal for a landscaping dcsign that would raise Lot 16 Block 2 by 8"
a:cd LQts 18 and 19 Block 2 by 12". I have several concerns that need to be addressed as
soon as possible,
1. The cast of this project for al!three homes is estimated at a totat of$31,230 that
T�C ho�nes will not be paying.
2. The project delays have cost T/C Homes �12,'�60 in finances charges over the last
90+ days the project has t�een shut down. T/C Hornes wzll nat be paying for this.
3. The addition of the landscaping and the disclosures that are involved will cause a
dipreciation in market value of about $5000-10,004 w�ich need to be acco�anted
for.
4. The warranty and liability associated with the revised elevatiosis needs t�be
transferred to the city thraugh a strong indemnification ctause attached to the title
in order to protect T/C Homes.
5. The proper remediation and disclosure to homebuyers of lots 14, 1S, and 20 and
transfer of Iiability needs to be addressed.
Lic.�"20344�SJ � �
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Pcr previous discussions, it was agreed that TfC Hornes is not responsible fos this
situation. Iv1y hflpe is that we can work together to have a s�ift resolution to this
situation. I would suggest that we all meet on Tuesday the 21�` in the marni.ng to come ta
a quick and fair resolution.
ti'u ',
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Brian Tutt ',
TlC Homes Inc. '
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