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Lakehaven Water & Sewer District Letter of Intent September 30, 2020 Becky Chapin City of Federal Way 33325 – 8th Avenue South Federal Way, Washington 98003 RE: THE WOODLANDS AT REDONDO CREEK Lakehaven Property Transfer to Public ROW Ms. Chapin: Lakehaven does not foresee any reasons why acceptable terms with the Developer, RMJ Holdings LLC, cannot be reached to provide for the conveyance of a portion of the 20th Ave tank site for an extension of S 300th St public right-of-way (ROW) under the current Developer Extension Agreement (LWSD Proj. No. 6319015). Lakehaven has sent a draft property transfer agreement to the Developer for review and hopes to have the agreement mutually approved, in principal, before it is presented to Lakehaven’s Board of Commissioners for review at the next available Board meeting (October 8, 2020). We anticipate obtaining approval for the property transfer agreement with the Developer at Lakehaven’s October 22, 2020 Board meeting, and, where approved, would subsequently provide the City with a Statutory Warranty Deed for the land area to be dedicated for public ROW. Please do not hesitate to contact me, if you have any questions. I may be reached by phone at 253-945-1655 or by electronic mail at KMathena@Lakehaven.org. Sincerely, Kathleen Mathena Kathleen Mathena DE Technician I Ec: RMJ Holdings LLC CityFW Prelim Hearing Ltr-6319015.docx