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ROSEN, MEYER & SIMONS LAWYERS WILLIAM S. ROSEN AUG 2 81989 1016 MERITOR TOWER DAVID D. MEYER 444CEOAR STREET WILLIAM P. SIMONS SAINT PAUL. MN 55101 August 24, 1989 TELEPHONE(612) 227-7731 TELECOPIER(612) 223-8514 Mayor Susan Dunn Lake Elmo City Offices 3800 Laverne Avenue North Lake Elmo, MN 55042 Re: TRANS -CITY INVESTMENTS (HOWARD GELB) 11490 Hudson Boulevard, Lake Elmo, MN 55042 The Northeast Quarter of the Southwest Quarter of Section Thirty -Six (36); T29N, R21W; and also All that part of the Northwest Quarter of the Southeast Quarter of Section Thirty-six (36), T29N, R21N described as follows, to wit: Commencing at the Southwest corner of the Northwest Quarter to the Southeast Quarter; then North along the West line a distance of 152 feet to, a point; thence Southeasterly in a straight line to a point on the South line of said Northwest Quarter'of the Sout east Quarter to a point; said point being located �3 feet East of the point of beginning; thence West 33 feet to the point of beginning; and the West two (2) rods of the South Half of the Southeast Quarter of Section 36, T29N, R21N, Washington County; commonly known as 11490 Hudson Boulevard Our File No. 8283 Dear Mayor Dunn: This will confirm the understanding between Trans -City Investments (Howard Gelb) and the City of Lake Elmo concerning the conditional use permit for the above -described property, arising out of the council meeting that Mr. Gelb and I attended on Tuesday, August 15, 1989. The understanding is as follows: 1. The conditional use permit (Resolution 87-28 adopted May 5, 1987) will remain in full farce and effect from year to year without further action by Mr. Gelb or the City; Mr. Gelb will notify the City when a lease is termi- nated and a new tenant moves in. Consistent with this requirement, there is enclosed herewith a list of the current tenants designating the date of lease com- mencement and the date of expiration together with