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<DIV><A title=http://moscoweducation.org/images/MHSCostEstimate.pdf href="http://moscoweducation.org/images/MHSCostEstimate.pdf">http://moscoweducation.org/images/MHSCostEstimate.pdf</A></DIV>
<DIV> </DIV>
<DIV>*The above is a link to the: NEW HIGH SCHOOL BUDGET SUMMARY: CONSTRUCTION COSTS AND DESIGN FEES by Hummel Architects, dated April 2005.</DIV>
<DIV> </DIV>
<DIV>*In this Budget Summary I do not see a "budgeted" cost for a <STRONG>"security fence"</STRONG> which is a **requirement to the "gifted" land. I can tell you that Mr. Trail told me, Phil Roderick, at the open house this past Saturday he will accept chain link. Can some one tell me what the cost is of a " security chain link fence" around 40 acres and 8 feet tall? 8 feet = security fence.</DIV>
<DIV> </DIV>
<DIV><SPAN style="FONT-SIZE: 11pt; FONT-FAMILY: Arial">read below:<U><STRONG> other items on which we will need to reach mutual agreement</STRONG></U>. </SPAN></DIV>
<DIV><SPAN style="FONT-SIZE: 11pt; FONT-FAMILY: Arial"><FONT color=#ff0000>DR. DONICHT AND DAVE TRAIL - WE WOULD LIKE TO KNOW WHAT THE OTHER ITEMS ARE THAT YOU ARE DISCUSSING HERE. <STRONG>PRIOR TO VOTING!</STRONG></FONT></SPAN></DIV>
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<DIV><SPAN style="FONT-SIZE: 11pt; FONT-FAMILY: Arial">Letter of Intent on behalf of Trail Family LLC: </DIV>
<P class=MsoNormal>December 7, 2004</P>
<P class=MsoNormal>Dr. Candis Donicht<BR>Superintendent of Schools<BR>Moscow School District<BR>650 N. Cleveland<BR>Moscow, ID 83843</P>
<P class=MsoNormal>RE:<SPAN style="mso-spacerun: yes"> </SPAN>Donation / Sale of 40 acres for new Moscow High School</P>
<P class=MsoNormal>Dear Superintendent Donicht:</P>
<P class=MsoNormal>................. The Trail Family LLC, in effort to encourage continuing public school education and support, has agreed in principle to offer forty acres of our property, adjoining Mountain View Park in northeast Moscow to the Moscow School District.</P>
<P class=MsoNormal>................ Dr. Donicht, for the above reasons and with our suggestions in mind, we have agreed to gift 30 acres and to sell 10 acres of our land a fair market value to the Moscow School District. We understand that <STRONG>your qualified appraiser will determine the fair market value</STRONG> for this purpose, as required by Idaho law.<?XML:NAMESPACE PREFIX = O /><O:P></O:P></P>
<P class=MsoNormal><STRONG>............... There will be some other criteria, such as *security fencing,</STRONG> a current lease on the property, and <STRONG><U>other items on which we will need to reach mutual agreement</U></STRONG>. Also, in the event agreement and building commitments cannot be resolved on or before August 30, 2006, our offer will lapse.</P>
<P class=MsoNormal>We do not want the land to be <STRONG>vacant </STRONG>for several years. However, we will take under advisement any other ideas or suggestions which the Moscow School District may wish to discuss.</P>
<P class=MsoNormal>Sincerely,</P>
<P class=MsoNormal>David M. Trail, Manager<BR>Trail Family LLC</P></SPAN></TD></TR>
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