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2030 Rahn Way - Ltr 2007-10-10 re: Roof Inspection Report INVESTORS REAL ESTATE TRIST real estate investment trust IRET PROPS. TEI 3 a north dakota limited ;;art --ship RECEIVED C i 1 1 2UU7 COMM. ED. October 10, 2007 Ram R. Singh Director of Comm. Education chool District 196 15180 Canada Ave. Rosemount, MN 55068 Dear Ram: I've enclosed for your review a copy of a recent roof inspection report for the 2030 Cliff Road property. We conduct an inspection annually to determine the necessary maintenance, repairs, and future budget planning. We plan to complete repairs this fall to ensure we prolong the life of the roof and prevent any potential water leaks within your premises. I'll call you to advise of the proposed schedule for our roofing contractor. Thank you for your cooperation. Sincerely, ~ /~Z7 Edward "Ned" B. Chapman, CPM, RPA Director of Property Management 952-401-4830 nchapman@iret.com Enclosure 10050 Crosstown Circle, Suite 105 Eden Prairie, MN 55344 Phone 952.401.6600 • Fax 952.401.7058 Email: info@iret.com • www.irets.com • Nasdaq Symbol: IRETS