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TWIN CITY FEDERAL SAVINGS AND .LOAN ASSOCIATION NIARQUEYFF AT i'i(;HTH S'1'hlili'C MINNLAPULIS, MINNESO'CA 55402 370.7000 September 4, 1984 Roseville City Planning Commission Roseville City Council James Andre, City Manager City of Roseville 2660 Civic Center Drive Roseville, MN 55113 Dear Mr. Andre: For a number of years TCF has been attempting to locate a drive - up banking facility in Roseville to alleviate the congestion at the TCF office in the Har Mar center. A site formerly occupied by Burger Chef on the NW corner of County Road B and Lexington has been offered to us on a 15 year lease with the initial rent at $39,000 per year, net net, net (lessee pays all expenses). There are two additional periods of five years each. TCF shall also have the option to purchase the property after the initial 15 year term of the lease. The site is vacant and has been since February 1st, 1983. To arrange the lease, the owner, Eugene Kraus, must buy-out a lease from Burger Chef, the original tenant* However, Mr. Kraus is not financially able to buy-out same without obtaining a second mortgage from TCF. TCF must also pay the entire cost of all improvements that are necessary which we estimate will exceed $320,000. The site is not ideally situated since the present build- ing is not of appropriate size or location on the site, neverthe- less we feel we can make everything function with the plan pro- posed. This would allow us six drive -up lanes plus a 24 hour automatic teller drive -up unit and still provide adequate parking. We have not determined that the office will definitely be open for walk-in transactions, we may open only a single window at this time, but our design will accomodate full walk-in service should this become necessary. To be able to affectively utilize the site it is necessary that we have ingress off Sandhurst and that we close the northerly most entrance on Lexington. There is a driveway along the west side of the site that extends north from County Road B approximately 127 feet. This area is needed as a one way lane exiting to the south both for use of the 24 hour depository as well for use as a secon- dary or emergency exit from the drive -up area. We anticipate the need to install some form of guard posts to prevent collisions with movements of vehicles on the adjoining site to the west and request a variance to accomplish this.