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CCP 04-24-2000
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CCP 04-24-2000
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<br />" 04121/00 <br /> <br />\ <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />FRI 14,12 FAX 612 347 7077 <br /> <br />FREDRIKSON & Bl~ON -D- <br /> <br />~ 1+"'-V\O~ <br />y f:;;J'if'DO Co~1 <br /> <br />I(!] 002 <br /> <br />fI"e <br /> <br />FREDRlKSON & BYRON, P.A. <br />Attorneys and Advisors <br /> <br />Minneapolis <br />London <br />Wllr;;hington, DC <br /> <br />"ffiN",,: <br />Mtocioo City <br />Warsaw <br />Monlmll <br />Toronto <br />VanCOUV'li:1" <br /> <br />1100 Inti;rr'lational Ct;ntrc <br />900 Second Avc.nut: South <br />Mion<apolis, MN 55402-3397 <br />(61J) 347-7000 <br />FAJC(612) 347.7077 <br />www.rredlaw.com <br />DifllCt Dial No. <br />(612) 347-7038 <br />jkoneck@frtdlaw.eom <br /> <br />Apri121, 2000 <br /> <br />VIA .FACSIMILE and US MAIL (651-633-7839) <br /> <br />Mr. Terry Post <br />City of Arden Hills <br />4364 Round Lake Road <br />Arden Hills, Minnesota 5S 112 <br /> <br />RE: Chesapeake Companies NLP Group ("Chesapeake")/Morris Communication Corporation <br />("Morris") <br /> <br />Dear Mr. Post: <br /> <br />I represent Chesapeake Companies NLP Group ("Chesapeake"). A few weeks ago you and I <br />talked about Chesapeake's potential purlOhase of property located in the northeast quadrant of the <br />intersection of3SW and 694 in Arden Hills. You have also discussed Chesapeake's interest in <br />this property several times with Pete Carlson. <br /> <br />As you know, the property that Chesapeake is hoping to purchase is lOurrently owned by Morris <br />Communication Corporation ("Morris"). Morris maintains two outdoor advertising signs on the <br />property. In our negotiations with Morris, Moms has made clear that, as part of any sale to <br />Chesapeake, Morris must be allowed to maintain its signs on the property. As Pete Carlson has <br />told you, in our negotiations, we have addressed this issue by allowing Morris to retain <br />ownership of a small parcel of real estate under and iIIiInediately around each of the signs and an <br />access easement over the adjacent property that Moms would sell to us so that Morris would <br />continue to have access to its signs- <br /> <br />In order to put the deal together with Morris, Pete Carlson has told you that we need some input <br />from the City on this issue. Chesapeake will invest substantial time and expense in moving <br />fOJ:Ward with the development of the property. Chesapeake is willing to do that, but would like <br />some assurance from the City about whether the City would allow Moms to sell substantially all <br />of the property to Chesapeake, but to retain ownership of the two small parcels upon which its <br />signs are located, together with an access easement to those signs, <br />
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