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� � 12/09/2008 This narrative is in support of the Interim Use Permit application. The narrative addresses, among other things, the questions posed in the City's Interim Use Application. Existing conditions: The 5.16 — acre parcel is currently used for parking and storage. The property is relatively flat and had, until recently, two structures related to this use which are currently being removed. The site is bordered by Cleveland Avenue on the west, the proposed lona Lane on the north and the proposed Mount Ridge Road on the east. The City has recently approved seeking bids for the construction of Mount Ridge Road and a portion of Twin Lakes Parkway. If approved construction of Mount Ridge Road and a portion of Twin Lakes Parkway could commence in the year 2009. The existing Building, Weigh Station and Weigh Station Building are being, or about to be, removed. Removal was approved by the City and is being managed by Braun and Veit companies. Removal of the structures is expected to be completed by the end of December 2008. Proposal: In September of 2007 the City hosted an open house for parties interested in the Twin Lakes Development area. Representatives of the Metropolitan Transit Commission ("MTC") attended the meeting and were introduced to Cent Ventures 2("CV2"). CV2 is under contract to purchase the properry from Old Dominion Freight Lines, Inc ("OD"). MTC, at the 2007 meeting, presented a concept for a Park and Ride facility they wanted to construct near Interstate 35W in Roseville. Since then MTC, CV2, OD and the City have worked together to provide MTC with a location suitable to their needs that is consistent with the City's plans for the area and the community's needs in general. MTC has sought and obtained approvals for its Park and Ride facility from the City. The Park and Ride will be a multi level structure for more the 400 cars to be built on a portion of the site of approximately 1.3 acres. MTC will require temporary access across the site until Mount Ridge Road and Twin Lakes Parkway are completed to the extent necessary to serve their facility. MTC's Park and Ride requires delineation of approximately 1.3 acres of the northeast corner of the parcel. The remainder of the parcel continues to be used by Old Dominion for storage and parking and CV2 wishes to purchase that portion of the parcel and purse development. In order to complete the sale to the MTC the parcel will be divided in to the pieces depicted in Exhibit B-2. The MTC will use that portion of the parcel labeled Lot 1 and the remainder, labeled Outlot A, Oid Dominion will use, as it has, for storage and trailer parking. 2