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R 0 B E R T IS <br />DE VEL OP-MENT COO <br />210 NORTH McCARRONS BLVD. * S7. PAUL, MN 55113 • (812) 487- 3232 <br />16th June 92 <br />jC I TY OF ROSEI LLE <br />2660 Civic Center Drive <br />ROSE •ILLE g MN . 55113 <br />m <br />i PROPERTY ADDRESS � 1969 inTe s t COO, Rd . C-2 <br />ROSEVILLE MN . 55113 <br />GENTLEMEN <br />According t the terms of the present lease <br />that we have with y.ou, <br />the monthly rent is to he increased annually <br />in _the percentage that <br />4 �.ha. Consumer Price Index Of the Surtau of Labor <br />Statistics has in- <br />creased Over the last twelve (12) montkis of <br />your leases The follow&& <br />ing is a calculation of the Index increase <br />as it applies to your <br />w any m Onthl Y rental increase as a <br />lease and <br />result Of said Index in- <br />creases <br />cost of Living Index for the <br />month of: M ay1 9.22 <br />Cost of Living Index for--the <br />m <br />month M� 1991 <br />month �f + � <br />135.6 <br />Difference: <br />Percentage increase <br />.0 <br />Present monthly rent: <br />w <br />_ 2 f 100* O <br />• <br />• 104,00 <br />Monthly increase: <br />NEW MONTHLY RENT EFFECTIVE d td 1st July 9 2 � 2,204 0 0�_. <br />THANK YOU <br />.Respectful rIs <br />CO <br />• <br />R ERTS DEVELOPMENT <br />SCOTT We ROBERTS <br />