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e sr roan!es. Inc <br />-6p, �.,r2... <br />W shCompanies <br />November 9. 1989 <br />Mr. Jay Abramovitz <br />Mr. Herb Margolis <br />Flame Development Co. <br />7625 Metro Boulevard, Suite 300 <br />Edina, FIN 55435 <br />Dear Jay and Herb: <br />The purpose of this letter is to advise you of the upcoming notice relative <br />to the vacation of America Street and to notify you of the intent of the <br />parties with regard to the vacation. <br />The vacation is necessary duce to improvements that will be made to Pavilion <br />Place Shopping Center, For information purposes, you should know that, our <br />Intent is to expand Pavilion Place Shopping Center to the east so that the <br />now canter, named Crossroads of ;Rosevillcf, will contain 330,000 (+/-) gross <br />square feet with four good anchor tenants and related snaller retail shops. <br />Whan the street is vacated. tbu Own0.9 of P"il.on Place (Crossrcads of <br />gosevtllQ) will t,hc:n bit responsible for :tg re -pairs, mnintanance. and <br />upkeep. We are working, on an agreement with the City of liosov1116 that if <br />the responftible party is not maintaining or repairing the street in a <br />proper rurnnor, the City o1 goAQville will have the obligation to stop in <br />and coopleta the noca.ssary rapairs and m,intananco and 400000 it b,4ck only <br />against the Crossroads of gcasavi llo dov+a trope nt. Thus. you ohould have no <br />concer-ns . tv.ut the inn -going upkeep of the %treat• <br />Would you pleA%a ackn0wl04%# y00r underff,1asacii"R and ag,r� t to this <br />vacation ArranxaAent by oigning on t,ho rignAt.ure block provided bo-law. 1 <br />Sri �1+lpfy rw�ot;i the �agac`te+uayl� agree nco lt�otwdvz{ay{yytho Cip�t..- Of 1# e}.�i 11e era our <br />p4rtnor%hip to +k'oq opon recoir. o IN, v t in-44 �;i���ftlp2"n�t�� i0o. <br />'s incoro I <br />w <br />. 23 <br />Stanford Mr4tr <br />)recut ivo Vice Vre"i idoerr. <br />(612) 829- 3.-50 <br />n..� �e�an.w" ilrra <br />1i�b ¢ :��5_ .:c.t�.,r�*r•`•C"' � .. *t° ., i.a • Z}-irr^s,j�r• • e, .;v^�'•A a�/,y,-.ytcP`a�'' • r .cq` r .? ;�ca4•�2�`9 <br />