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- Traffic: We will complete a traffic study for the project to determine the impacts on the local roads and whether any improvements are required. - Watershed Approvals: We will complete a storm water analysis for the project and submit our plans for retention and infiltration to the watershed district for approval. We believe that the above measures will address the concerns this project would generate in an EAW and therefore negate the need for the broader study for a development of this size. Financial Assistance: In order for this project to be financially feasible and competitive with other options, it will require financial assistance from the city. There are site geotechnical and environmental issues that add extraordinary expense to the project currently estimated at around $1 million. In addition we are seeking assistance for overall costs related to the development including site acquisition, Phase II land costs and construction costs related to upgrading the exterior of the building and making it two - stories. This assistance is required in order for the project to work and for the site to be competitive. We are looking forward to discussing the tools available to the city to help us bridge the gap including TIF, HSS TIF, SAC credits, reduced fees, etc. We believe that the requested financial assistance will be well utilized based on the impact the project will have on the Twin Lakes redevelopment area and the number of high quality /high wage jobs it will bring to Roseville. Please call or email with any questions or additional information required. Best, Mark MARK NORDLAND PRINCIPAL (612) 564 -4060 (o) (612) 812 -7020 (c) mnordland @launchproperties.com 4; LAunc"