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G.E.M. INVESTMENTS 1910 W. County Rmad•C r Roseville, MN 55113 May 31, 1988 City of Roseville' 2660 Civic Center Dr. Roseville, MN 55113 Attention: Rick Jopke G.E.M. .Investments has owned the property at 1910 West County Road C .since 1983. The property was bought by the partnership from Casci Decorators, Inc. who at the time was owned by Eugene Casci and Mark Casci (father and son), bath partners in G.E.M. Investments, who purchased. same from Bob Ashbach in 1975. The property has been rented by Casci Decorators, Inc. and several other small business and individuals from which 'to operate offices and store business equipment, etc. in buildings and yard. Currently there are eleven tenants plus monthly yard storage. The mini-storage/car wash facility was studied and pursued for the following reasons: • Need for better use and improvement of land still recognizing the presence of the railroad. • Requests from past, current and potential tenants. • Consolidating of Casci Decorators and the desire for potential retirement income from two of the partners. • Partners involvement in decorating several similar facilities in the past few years The bus _ness plan is to operate three separate profit centers. 1. Self serve car wash (up front) 2. Mid range small business office facility with adjacent warehouse space. 3. Mini -storage facility with adaptable inner partitioning to adjust to market needs. Research of existing facilities (car wash see attachment) Kangaroo, Padlock, Midway and Minnekada Storage facilities has stimulated our interest and convinced us of the need for this type of facility.' Car wash equipment suppliers have been extremely helpful with design and comparable sites. The mini -storage facility will be card entry and under 24 hour security. Traffic generation for office and storage will not exceed current use.