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. uses Kissell Construction Inc. George Seidel (owner of the 56 McCarrons Apartments units, the largest rental property owner near the Guptil site) was contacted by phone for his thoughts: Mr. Seidel said he could accept a senior hi-rise or other multi-family, or townhomes, and that he likes the idea of more people in the area rather than the vacant building. He explained that his buildings went up in valuation 41 % one year and 47% the next, which was hard to accept. He suggested opening up the armory for neighborhood recreation - especially the gym and play fields. He is happy with his renters; mostly young blue collar workers renters who are hurt by lose of jobs. He does have to work with them on stretching rent every month. While the rental market is full of vacancy, and there are lots of deals in current market, it does not have too much impact on him because the Seidel units are $695 monthly for a two bedroom unit and $595 monthly for a one bedroom unit. He would like to be kept involved of this study. He said the 23 (1 bedroom) units on Elmer sold in spring of 2003 and sold again later in 2003 for about $65,000 a unit - way too high for the rent. Mr. Seidel was happy to hear the neighbors like his building and find it a "key" to neighborhood stability. Steve Zeece Jr., Land Z TruckslEquipment was not able to make the meeting but provided the following written comments: I have a prior commitment tomorrow afternoon and cannot attend the meeting but I am very interested in the area developments. In addition to having a commercial business in the designated area I reside on Burke Street (205) which is 1 block away from the Guptil site. I can provide you with some information regarding L-Z Truck Equipment's future plans or lack thereof and you can make them part of the meeting in my absence. We have enjoyed much success with our Ford Motor Ship Thru contract and have had some overflow parking issues which prompted us to utilize the Minnesota State Fair as an auxiliary parking area. Obviously the land directly north of us which is currently owned by David (Kris) Krengel would seem to be a perfect fit for us. However, his asking price ($300, 000.00) is steep for a parking lot but we don't want to be shortsighted either and realize that in the long run the entire corner would gain more value with this additional parcel of land added to what we already have. ... I am 47 with 3 children (all boys) in Roseville school ages 14, 14 & 11. They all play sports and I volunteer as a baseball manager and as the scheduler for gym time in basketball. I am pretty entrenched in the community and unless someone came up with an offer I could not refuse I plan on continuing to run the business. It is a challenge every day but its fun! So, I will keep all of our options open as things can change quickly. Final Version 23 July 26, 2004