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<br />, <br /> <br />, <br /> <br />November 20, 2006 <br /> <br />City of Arden Hills <br />1245 Highway 96 <br />Arden Hills, MN 55112 <br /> <br />Dear Mayor Aplikowski and City Council members David Grant, Brenda Holden, Gregg <br />Larson, and Vincent Pellegrin: <br /> <br />We no longer wish to pursue the purchase of the old city hall site, due to the following <br />reasons: <br />I. PUD restrictions <br />2. Limited signage <br />3. Subleasing restrictions <br />4. Multiple tenant restrictions <br /> <br />Sincerely, <br /> <br />Marcel Eibensteiner, President <br />Royal Oaks Realty, Inc. <br />ME/ceg <br />