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<br /> <br />- <br /> <br />Martin E. Sapp <br />Vice President <br />Middle Market Banking <br /> <br />SunTrust Bank <br />777 Brickell Avenue. Me 1042 <br />Miami, FL 33131 <br />Tel 305.579.7268 <br />Fax 305.579.7133 <br />martin .sapp@suntrust.com <br /> <br />SUNTRUST* <br /> <br />April 6, 2009 <br /> <br />Selection Committee <br />City of Sunny Isles Beach <br />Sunny Isles Beach Government Center <br />18070 Collins A venue, 151 Floor <br />Sunny Isles Beach, FL 33160 <br /> <br />RE: Munilla Construction Management LLC d/b/a MCM <br /> <br />Dear Selection Committee: <br /> <br />Please be advised that MCM has been a client of SunTrust Bank since 2006 and that MCM <br />maintains both a depository and credit relationship with SunTrust. The depository accounts <br />maintained with the Bank have a current and 12-month average balance in the moderate seven <br />figure range. MCM also maintains balances in an overnight investment account in the high <br />seven figures. <br /> <br />In addition to the depository relationship, MCM has a line of credit in the medium seven figure <br />range with the total amount of the line currently available. All accounts and credit facilities <br />have been handled in a satisfactory maimer. <br /> <br />Please note that the information and opinion provided are given in confidentiality for your use <br />only and is furnished as a matter of business courtesy on the expressed understanding that no <br />responsibility is assumed on the part ofthe Bank or any of its officers whether in tort, contract <br />or otherwise. <br /> <br />Please call me at 305-579-7268 if I can be of any further assistance. <br /> <br />Sincerely, <br /> <br />JjaAl'~ <br /> <br />Martin E. Sapp <br />Vice President <br />