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��:-.�,���,-.��,. �.��.�:_..�.�a <br />HAND CARRIED <br />Maa�ch ?S, 2008 <br />Mayoi- of Arden IIills <br />Me�nbers of the Council <br />City of A�•de�� Hills <br />124� Wesi Higl����ay 96 <br />Arden Nills, MN 55112 <br />RL": TRAV�RS� BtJSENESS CENTER <br />Park Dedication <br />Deai' Mayor atx� Me�nbcrs of the Council: <br />C�9K �rc�ei� I-iofdi��gs is pleased to be in ihe iast stages of Final Pl��t Approva[ for the <br />TRAV�RSE BUSINESS C�N'iER. <br />One oi� the conditioais lisicd to be completed �rior to executio» of llze �nal plai is for CMK <br />Arden Holdings to enier into at� a;recn�enl �viih the City rel�tive to Park Dedicaiian. <br />Sccnar•io One: <br />In our applicatio�i !o thc City, CMK Arden }-Ioldin�s �roposec[ dedicatio��, <il tl�e ti�ne the office <br />l�€iilciin� per��lit is issEied, oi a tt-ail ease��lent Fo lhe Cily of Arden Hills in liet� of }3aying a parf: <br />C�t;Cj]C'<illpll �£e. � EIC. �i�1c3C�leC� [ji'�i1� 1I1� lI1C�1C£1LCS �EIC �OCatlOIl OC f�11S LI'ill� �aSCi]iC111 �ilOil� �'�ltEl <i[7 <br />ofi�si�e coa�ncctio�� l���k lo ihe existing Rounci Lake paih«�ay system. Tlle pro�osed trail �asement <br />tio�ould be approximaiely 10' 1��idc by 2,600' long a�id �vould rticlude a ��raod ch€p t�-aii bed. Tl�e <br />esti�i�aieci �°al«e of tf�is trail �i�d on site a�3�enities coulc� be i�l excess oi 5200,000. We a��e <br />cstimati�ig tl�e cost of t1�e con»ection link ta tl�� exisiing trail syste�i� at SI�,UOU. Easements foi- <br />this connection link ��rould �1eed io be ��rovided E�y the City. <br />TE�e localion a��d ty��e of tisc ap�roved for TRAVERSE BUSINESS CENT�R, alo»g ���ifil tlle <br />trails, wetlai�ds, o}�en spaces, a�1d on site a�neniiies included iil th� site pla��ning, ���i[1 serve to <br />virtua]Iy eliminate any ittipaci to ihe City of Arcien �-Iills Par[� Systea�� as a result of this project <br />bei��g c�eveloped. <br />��.�_.�...��._��_w_.__.�.__.__.�....�� _ � _ <br />CW�SAP�AKE COMPAf�IES <br />GO1 C;�RLS01 PARKVs��Y, S€JI1�� 9D� - A4!(�NETDi�KA. ;�ilh'3'JESE�TA [i530?i -°52i'."�47.� ���',' - ili�S,'aP[ AKECG':'�9i'A?�ii:S.E;(,)�uf <br />