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AL. <br />131J1 L U 114 0014 Y. <br />w <br />August 21, 2009 <br />Mary Alice Divine <br />Economic Development Coordinator <br />600 Town Center Parkway <br />Lino Lakes, MN 55014-1182 <br />Dear Mary: <br />Thank you for taking time to meet with us on Wednesday. We appreciated your input <br />toward the process to amend the current PUD and would like to move forward <br />through the process. <br />As you know we are very interested in converting the current Country Inn and Suites <br />into an assisted living and memory care facility. Therefore, we would like to request <br />inclusion in the upcoming Council Work Session scheduled for September 86 to <br />introduce them to our concept and gather valuable feedback for moving forward <br />1 represent an investment group that will be partnering with the current Country Inn <br />owners to convert the project from 83 hotel rooms to 41 assisted living units, 28 <br />memory care units and 1 guest room. Very preliminary plans have been sketched to <br />see what could fit into the existing building. As a result of those sketches which are <br />attached for your review, the facility will incorporate a production kitchen, two dining <br />rooms, a combination meeting /activity room, beauty shop, four lounges, library, activity <br />room, three offices, linen and laundry rooms and a variety of tub and shower rooms. <br />These sketches are very preliminary and we are open to suggestions. In fact I <br />appreciated your comments about moving the beauty shop to the exterior of the <br />building and opening it up for public use. We intend to lease the beauty shop space to <br />a local beautician to have them move their business into our building and incorporate <br />our tenants as new clients. <br />The building will be professionally managed by a healthcare provider with years of <br />senior housing experience. At this time we have two extremely qualified organizations <br />that have been providers of health care services for more than 100 years. <br />The intent is to keep the ownership as a for -profit entity which will continue to <br />provide tax revenue for the city. Preliminary discussions with the assessor's office at <br />Anoka County have indicated that estimated annual taxes for our 69 unit assisted living <br />and memory care facility, if appraised at between $8.2 million and $10 million, will be <br />in the range of $75,000 - $92,000. We are open and willing to work with the city on <br />this issue. <br />340 Hwy to South St. Cloud, MN 56304 Office: 320.253.241 Fax 320.253.2324 <br />E -mail: info @winkbuild.com % Web Site: www.winkbuild.com <br />