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Development Department .. Charles First Vice President CB Richard Inc. Global Corporate Services 7760 France Avenue South, Suite 770 Bloomington, 55435 RE: Secure Computing Dear Mr. Caturia: The City of Roseville continues to support Secure Computing's desire to locate within Roseville's newest neighborhood, the Twin Lakes Mix Use Business Park. We have reviewed the proposal with city legal and financial consultants and have concluded that this project can definitely work in Roseville. Kent Carlson of Ryan Companies will work with the Twin Lakes Master Developer, Rottlund Companies, to acquire the site and secure TIP and grant financing for market adjustments, site clean up and public improvements. Since we last met, the City has received an unexpected Environmental Assessment Work Sheet Petition regarding the impacts of Twin Lakes development. Bylaw, this petition request must be answered by the City prior to commencing with any further work on Twin Lakes. This petition has set the approval process of Twin Lakes (both land use and financing decisions) back by approximately 6 weeks, meaning that final approvals of Twin Lakes, and ultimately the Secure Computing project will be extended to mid May of 2005. This obviously impacts Secure's time line. The City wants to work with you and the Ryan Companies to accommodate this time line change. Could we set up a meeting to consider what options are available to amend the time table for all parties? Secure Computing's Midwest office headquarters continues to be a key focal point and great fit within the Twin Lakes Redevelopment area. Construction could begin in 2005 but ultimately may not be occupiable until spring of 2006. The same financial tools are available for this project as when we last spoke, and could include establishing a new TIP district for Twin lakes by starting with the Secure Computing project, then amending and adding the Rottlund projects as they become available.