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ce4 j at/ Ceanaca, <br />515 Little Canada Road, Little Canada, MN 55117 -1600 <br />(651) 484 -2177 / FAX: (651) 484 -4538 <br />MEMORANDUM <br />TO: Mayor Fahey & Members of the City Council <br />FROM: Joel Hanson, City Administrator <br />DATE: August 21, 1998 <br />RE: 2600 Rice Street <br />MAYOR <br />Michael I. Fahey <br />COUNCIL <br />Beverly Scalze <br />Jim LaValle <br />Steve Morelan <br />Bob Pedersen <br />ADMINISTRATOR <br />Joel R. Hanson <br />I have met with the prospective owners of the property at 2600 Rice Street. Their names are Jay <br />Rieling and Charlie Drake. They are buying the property with the intention of improving the car <br />wash and continuing that operation. They also plan on renovating the former Modern Fence <br />building. (Our Building Official had reviewed this previously and noted that it is structurally <br />sound even though its appearance is less than ideal.) It should be noted that this property is <br />zoned General Business (B -3) and any changes in the use of the property will be governed by <br />those regulations. They indicated to me that they paid more than the asking price of the property <br />and were purchasing it "as is." They indicated an interest in the potential for redevelopment on a <br />long -term basis if the City had more definitive plans that met their objectives. <br />I explained to them that we were interested in purchasing this property based on our desire to <br />clean it up and possibly combine it with other parcels in the area to achieve a more intense <br />redevelopment. I indicated that we would be interested in working with them to further their <br />objectives as well as meet our redevelopment goals if they are interested in doing so. I am <br />anticipating they will be present at Wednesday's meeting at which time you can ask them any <br />questions you may have. <br />JRH:kpv <br />Page 36 <br />