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.. RoSEVIll.E PRoPERI1F.S .u-:- ~.. - January 21. 19~2 PLA~~ING COMMI5~ION City cf Roseville 2660 Civic Center Drive Ros~ville, MN 55113 He: RenovaLi~~ of Schneider~an's Plaza - 1955 W. Ct~, B2 Dear Commission Members: With the signing of a ten year iease ~ith Recr~at)onal Equipment, Inc. IREI), a naticnal outdoor clothing and equip~tnt sup~lier. Roseville PTO?eLi.i~s ha.~ success:'ully c.omplet.ed the cc-nversion of the above propert.y frem an industrial warehouse use t.o retail. The REI store is plannin~ to cpen in March, and renovation of the ~~ace is current.ly unde~ay. Part of the initial rezoning process in 1990 stipulated that all four sides of the building show a "consistent" finish by the time the last tenant moves in, or within two years. At. this time, all four sides have been at least peinted in the bur~undy/cream color scheme approved for the buildin~. Additionally, as an inducement to signin~ REI. we wp.re requir~d to add another entrance canopy (similar to Schneiderman's! for them. as ",ell as a third canopy at the south end of the buildin~ to "balance" the aesthetico;; of the structure. This work amounted to ao unplanned dollar ex~enditure in excess of $57.000. A strirt- intpr~r~tRtin~ ~f 1'~n~~j~~~~~ fi~i~h.., ~~~~~d~n; ~~ Ci~y staff. ",ould require that the north sIde nnd the r.maining 160 fee~ of the west side be completed in stucco and ",ith the wide metal fascia ~andin~ at a bid ~ost ci between $49,000 and $53,000. In li~ht of the $~7.0f)0 expenditure. and 1n consideration of the difficult cash position .hat the real estate market has put us in, we are askinR ~ou to consider a reasonable variance to '~e conditions of the initi~l rezonin<< as follcws. KQRTH SlDE Roseville Properties Management Company 2575 N. Fain;e..., Sui~ 250. St. Paul. MN 55113 612-633-6312