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November 10, 2006 <br /> City of Pequot Lakes <br /> Page 7 <br /> Subcontractors <br /> LarsonAllen may, at times, use subcontractors to perform services under this agreement and they may have <br /> access to your information and records. Any such subcontractors will be subject to the same restrictions on <br /> the use of such information and records as apply to LarsonAllen under this agreement. LarsonAllen will be as <br /> responsible for any act done by these subcontractors as it is for its personnel under this agreement. <br /> Agreement <br /> We appreciate the opportunity to be of service to the City of Pequot Lakes and believe this letter accurately <br /> summarizes the significant terms of our engagement. If you have any questions, please let us know. If you <br /> agree with the terms of our engagement as described in this letter, please sign the enclosed copy and return it <br /> to us. <br /> Sincerely, <br /> Larson,Allen,Weishair& Co.,LLP <br /> Douglas P. Host, CPA <br /> Principal <br /> 218/825-2948 <br /> dhost @larsonallen.com <br /> Enclosure <br /> Response: <br /> This letter correctly sets forth the understanding of the City of Pequot Lakes. <br /> Authorized Signature: <br /> Title: <br /> Date: <br />