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~. • <br />sand and gravel for the More remainder property (appreaamately 671 acres less the <br />105 acres); and <br />f. in the event the special use permit, zoning application far sand and gravel are <br />unsuccessful and abandoned, Jarle Halsnes will give an appropriate release; and <br />g. parties to cooperate and be good neighbors in respect to each others rights and <br />property values. <br />The More Family Ranches aze open to further discussions and negotiations and ideas to <br />advance our mutually beneficial interests. <br />The purpose of this letter is not to submit a binding offer or if executed to constitute a binding <br />contract, but merely to outline general terms and conditions on which we can see if we agree and on <br />which we can decide to proceed to negotiate further and execute a formal contract. if you are in <br />agreement with the terms and conditions set forth in this letter please execute where provided below. <br />~f~ ' y c , LLC <br />/~J~~~ <br />BY: i <br />~ ~~~ <br />~~vi-,~ri ~6~~zi <br />HOLLORAN-0103 <br />errFU~n nv . <br />