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October 3,2007 <br /> City of Pequot Lakes <br /> Page 8 <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 terns of our engagement as described in this letter,please sign the enclosed copy and return it <br /> to us. <br /> Sincerely, <br /> LarsonAllen LLP <br /> Douglas P. Host, CPA <br /> Principal <br /> 218/825-2948 <br /> dliost@larsoiiallen.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 />