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. . . . . . . . . . . . . . . I: I. ,. :. I. I: . . . I: I: . ,. . I i. I. '. I. I . I. I. I. I. '. I. , VAT Esll April 8, 2009 Hybrid Concrete Structures, LLC 685 Red Oak Road Stockbridge, GA 30281 Re: General Statement of Bonding Position for Sunny Isles Beach, Florida Gentlemen, We are pleased to confirm that The Yates Insurance Agency currently handles the contract bonding requirements of Hybrid Concrete Structures, LLC through Western Surety Company. Western Surety Company carries an A. M. Best's Rating of A (IX) Excellent and is listed on the U. S. Treasury Department Circular 570 as an approved surety on Federal projects. We have been providing bonds for Hybrid Concrete Structures, LLC for many years and our experience has been excellent. At this time, we are in a position to provide bonding for Hybrid Concrete Structures, LLC for single job sizes of at least $25,000,000 and an aggregate work program into the $90,000,000 range. Any bonds written would, of course, be subject to our normal underwriting review and acceptance of the contract documents, bond forms and terms of project financing. It is our assessment that Hybrid Concrete Structures, LLC is well managed and properly financed. We can provide our full recommendation to any prospective project owners. Ifwe can be of any further assistance, please feel free to contact us directly at (404) 633-4321. Sincerely, YATES INSURANCE AGENCY 4/~ Gary Spuller Yates Insurance Agency Four Executive Park East. Suite 200. Atlanta, Georgia 30329 (404) 633-4321. Fax (404) 633-1312 Yates &: Woolfolk Insurance 6001 River Road. Suite 411 . Columbus, Georgia 31904 (706) 571-0093. Fax (706) 571-2982