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Proposed Purchase Process Timeline <br /> The following is the proposed timeline of events for the sale and construction of Block 1 <br /> �. Lot 3: <br /> 1. August 6, 2007 at 11:00 a.m.—BLADC presents the project to the Pequot Lakes <br /> Business Park Committee and requests a recommendation to the Pequot Lakes City <br /> Council regarding the sale of Block 1 Lot 3 to E and P Manufacturing. <br /> 2. August 7, 2007 at 6:30 p.m.—BLADC and company representatives present the <br /> project to the Pequot Lakes City Council and request approval for sale of Block 1 <br /> Lot 3 to E and P Manufacturing. <br /> 3. Close on lot in late August to early September. <br /> 4. Full production is expected by Spring of 2008. <br /> Closing Comments <br /> E and P Manufacturing and BLADC look forward to meeting with you to discuss the <br /> company's request in greater detail. <br /> Sincerely, <br /> Elissa Rogers <br /> Economic Development Specialist <br /> Brainerd Lakes Area Development Corporation <br /> (218) 828-0096 <br /> Disclosure <br /> The Brainerd Lakes Area Development Corporation's involvement in E and P <br /> Manufacturing Services proposal has been to assemble the information provided by <br /> company representatives. BLADC does not make representations. <br /> Enclosures (3) <br /> cc: Sandy Peine, Clerk, City of Pequot Lakes <br /> Earl and Patricia Rasmussen, E&P Manufacturing <br /> Page 3 of 6 <br />