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... J .., e e EXHIBIT 3 -pa'ge 2 plan for the Rose Theatre property. The subdivision shown on the enclosed drawings will permit an orderly planned progression of future development. Our first proposed user is Consolidated Toy Company of St. Louis, Missouri. Consolidated Toy Company has agreed to purchase 3.7 acres from us in accordance with the plans enclosed and to construct on the land purchased a 32,000 square foot retail store which is best described as a high-quality supermarket for sale of all kinds of children's merchandise, including children's books, educational toys, arts and crafts, junior science sets, electronic and other games, bicycles, children's furniture, sporting goods and toys. Currently there are two such stores located in the Twin Cities area, one in Bloomington near the 'Southtown Shopping Center, and the second in Brooklyn Center near Brookdale on Highway 100. The expected effect of the proposed change in the use of the Rose Theatre property if approved by Roseville will be as follows: 1. The Rose Drive~In Theatre will be torn down in late fall 1978. 2. Toy City will construct and open an all brick retail store and associated parking lots and landscape areas, all in accordance with the enclosed plan by late fall of 1978. 3. Upon final condemnation by the Department of Transportation of the Highway Department right-of-way, the agreement between the City of Roseville and Fine Associates Incorporated for the con- struction of the frontage 'and access road will be 'implemented with 'the construction' of the frontage 'road occurring in the right-of-way shown on the attached drawings most probably in the summer of 1979. 4. The Rose Theatre land will be improved with roads and utilities and prepared in a manner that will permit Fine Associates In- corporated to attract additional quality development to Roseville by bei~g able to offer prospective 'users improved platted land. 5. Adequate on-site parking will be provided. 6. Improved traffic circulation for the traffic that will be generated both off and on the site will occur as a result of construction of the frontage road. 7. The Pascal Avenue neighborhood will be 'permanently protected from use of Pascal Avenue as an access road for development later occurring on the Rose site.