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2009-03-09 T/C, Legacy Agreement @ IVERSON REUVERS ATTORNEYS AT LAW April 7, 2009 Stephen E. Y och FELHABER, LARSON, FENLON & VOaT 444 Cedar Street, Suite 2100 St. Paul, MN 55101-2136 RE: TIC Homes, Inc. V8. City of Albertville, et al Our File No. 100.526 Dear Mr. Y och: Enclosed please find a copy ofthe fully executed agreement between TIC Homes, Legacy Homes and the City of Albertville. Also, please be advised we are filing an executed Satisfaction of Judgment in this matter in Wright County District Court. You will be copied on the filing letter. Yours truly, IVERSON REUVERS Enclosure IVERSON REUVERS, LLC I 9321 ENSIGN AVENUE SOUTH I BLOOMINGTON,MN 554381952.548.7200 I FAX: 952.5487210 JASON J. KUBOUSHEK DIRECT 952.548.7206 /KUBOUSH EK@/VERSONLAW.COM JON K. IVERSON PAUL D. RWVERS JEFF M. ZALASKY JASON J. KUBOUSHEK PAMELA J.F. WHITMORE JASON M. HIVELEY SUSAN M. TINDAL JEFFREY A. EGGE STEPHANIE A. ANGOLKAR ANDREA B. WING WWW.IVERSONLAW.COM STATE OF MINNESOTA DISTRICT COURT COUNTY OF WRIGHT TENTH JUDICIAL DISTRICT CASE TYPE: Declaratory Judgrnent/Breach of Contract TIC Homes, Inc., Court File No. 86-CV -06-4997 Plaintiff and Cross Claimant, and Legacy Homes Incorporated, Intervening Plaintiff, vs. Gold Key Development, Inc., Defendant and Third Party Plaintiff, vs. Hedlund Engineering, Third Party Defendant, and City of Albertville, Defendant and Third Party Plaintiff, vs. SHORT ELLIOTT HENDRICKSON, INCORPORATED Third Party Defendant and Cross Defendant and Defendant. AGREEMENT TIC Homes, Legacy Homes and the City of Albertville, by and through their respective attorneys, hereby agree as follows: That in exchange for Plaintiffs TIC Homes and Legacy Homes agreeing not to appeal to the Minnesota Court of Appeals, the District Court Orders dated August 7, 2007 and September 7,2007, in the above entitled matter, Defendant City of Albertville agrees to waive its costs and disbursements awarded to it in the March 2,2009, Order and Order for Judgment and provide to TIC Homes and Legacy Homes an executed Satisfaction of Judgment. Dated: / .3 /&/1'1 ( FELH~E~ARSON,FENLON! / I Dated: 3/7/oC; / I IVERSON REUVERS #/~/ '~// By Jaso boushek (#0304037) Atto ys fi r City of Albertville 9321 Ensign Avenue South Bloomington, MN 55438 (952) 548-7200 2