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<br /> <br />PK ENTERPRISES INC. <br />PO BOX 378 <br />DIVIDE CO 80814 <br />(719) 687-6011 <br />To Whom It May Concern: <br />• <br />January 20, 1998 <br />PK Enterprises Inc., has been a general contractor and developer <br />in Teller County since 1978. We currently hold a class A license in <br />Teller County, and specialize in heavy excavation, road building and <br />utilities installation. Currently Teller County projects include: <br />* A 79 lot residential development with drainage requirements <br />in excess of the criteria set forth in the PPACG area wide <br />urban run-off manual, 1980, (debt free). <br />* A 280 acre master plan multi use development (debt free). <br />* A 22 acre commercial development (debt free). <br />* A 400 acre resort development (debt free). <br />Our experiences in these projects gives us the abilities necessary <br />to complete the outlined project and our limited use of debt gives us <br />the financial strength to withstand market uncertainties. <br />Please find enclosed bank references that can verify our financial <br />capability. <br />~Sin~~ <br />~, %Y~- <br />~-- , <br />Pete C. Ku er <br />/~ <br />PCK/dkf <br />gravpe rm.]95 <br />