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<br />, <br /> <br />. <br /> <br />" <br /> <br />'~_I~r---' ;h)'(-''o:- <br /> <br />, : I :, ' I, " J': / I i I' I ) II I I II, " I <br /> <br />January 16, 2002 <br /> <br />Mr. Terrance R. Post <br />City Accountant <br />City of Arden Hills <br />l245 West Highway 96 <br />Arden Hills, MN 55112 <br /> <br />Dear Terry: <br /> <br />.", <br /> <br />J!c.N 1 8 2002 <br /> <br />("TV",'- " '" ,. <br />~, '\..'!""" /"~'.i~:':N HILLS <br /> <br />Pursuant to your request, we are submitting a letter of interest to develop the 3.714 acre parcel <br />located at the intersection of Highway 96 and Round Lake Road West. <br /> <br />We would be interested under the following terms: <br /> <br />I. <br /> <br />Exclusive development agreement with the City of Arden Hills for a period of eighteen <br />(18) months. <br /> <br />2. <br /> <br />Land Price: <br /> <br />3. <br /> <br />Access: <br /> <br />4. <br /> <br />Permitted Uses: <br /> <br />$566,307 ($3.50 psf@ 161,802 sf) <br /> <br />Right in right out access provided off Highway 96. <br /> <br />Business Service <br />Clinic - including, but not limited to, medical and dental <br />Day Care Facility <br />Drive-in Business <br />Drug Store with drive-through <br />Dry Cleaning & Laundry Pick up Station <br />Financial Institution & Service <br />Office <br />Personal Service <br />Restaurant - Sit-down <br />Restaurant - Fast food with drive-through <br />Restaurant - Deli, coffee, bagel and take-out food outlets, etc. <br />Retail Sales & Service <br />Service Station - Convenience store with gas and car wash <br />Studio <br /> <br />11100 WAYlATA BOULE\'....RD. SL'ITE 166. MINNETONK.A, MINNESOT.... 55305 <br />TELEPHONE. (952) 847-2444. FAX (952) 595-8247 <br />