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<br />DEC-19-01 WED 03:14 PM NHKQ CORPORATE
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<br />FAX NO. 783 383 827[
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<br />P. 02
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<br />December 18, 2001
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<br />Mr. A.C. Gust@fson
<br />2690 North Oxford Street, Suite 204
<br />Roseville, f\t1N 55113
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<br />Re: 2360 Lexington Avenue North
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<br />Dear Mr. Gustafson:
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<br />As you cue aware, KHCD I, Inc. has made an offer on your property located ~lt
<br />2360 Lexington Avenue North, Roseville, Minnesota in Ramsey County. The
<br />offer is contingent on the zoning of the property being clianged from R-3 with a
<br />cCH'jditional LIse permit to B~ 1.
<br />
<br />In order for us to finance this transaction, our lenders need a higher degree of
<br />comfort with the 2oning. For title purposes, they are requesting a change in the
<br />zoning to eliminate the need for a conditional use permit to allow the existir,g
<br />businoss to cOI"ltinue. A B-1 zoning is consistent with the property's current U~e
<br />and provides more flexibility for the future of this property.
<br />
<br />Sincerely,
<br />
<br />,~~ /f?__ .-/1
<br />
<br />Patrick R. Cruzen 7
<br />Chief financial Officer
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<br />PC/df
<br />
<br />c Larry Lee
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<br />M:\NH 2001\Cenlers . KBHlfiosO\lilleILetlcrs.Memos\Gustaf;;on ;2"19 doc
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