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Fredrikson :._ �� September 24, 2002 VrA U.S. MAIL&FACSIMILE Roseville Planning Commission City of Roseville 2660 Civic Center Drive Roseville, MN 55 113 Re: Proposal for Amendment to B-6 Zoning Provisions Ladies and Gentlemen: We represent St. Paul Properties and Northco Real Estate Services ("Owners"), who operate buildings containing 929,246 square feet and having aggregate tax capacity of $1,247,856 witl�in the Twin Lakes area of Roseville. The Owners, as well as other owners in the Twin Lakes area of Roseville, are very concerned about the proposed rezoning of their properties in Twin Lakes to B-6. Under the new te�t language for the B-6 district, the Owners believe that the rezoning will result in dif�kulties leasing their properties, resulting in vacancies and reduction in properiy values and ultimately the tax base. The Owners believe there are possible "win-win' solutions to their concerns, and that adoption of either of two courses of action proposed in this letter will: . Retain viable businesses and employers in the City, . Maintain the tax base, . Avoid the negative image and dangers of vacant and blighted buildings, . Allow the recovery of significant e�sting investments in the City, and thereby . Encourage future investment by desirable businesses in the City. The Owners' concerns result from: . The limited-use nature of their buildings, which do not readily accommodate uses permitted in the new B-6 district, . The long-term timeline for the proposed redevelopment of Twin Lakes into uses permitted in the new B-6 district, Fredrikson & Byron, P.A. 4000 Pillsbury Center main 612.492.7000 200 South Sixth Street fax 612.492.7077 Minneapolis, Minnesota www.fredlaw.com 55402-1425 OFFICES Minneapolis, London AFFILIATES: Mexico City, Warsaw, Montreal, Toronto, Vancouver /