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©11TY OF <br /> I110 NDS <br /> -o Phone: (612) 717-4000 <br /> ". Q Evq Fax: (612)784-3462 <br /> July 29,P1 Or"�Q <br /> Mr. Jay Anthony <br /> AP Mounds View Limited Partnership <br /> 12770 Coit Road <br /> Suite 1170 Dallas, Texas 75251 <br /> Dear Mr.Anthony, <br /> I received your fax today and have authorized the issuance of the building permit for the theater <br /> contingent upon the development agreement being executed by all parties by 8/31/98.If the agreement is <br /> not signed by 8/31/98 then the City will issue stop work orders which will be in effect until the agreement <br /> is signed. <br /> While the building permit issue is now resolved,the street issue remains. The City is not willing to <br /> authorize expenditures necessary to proceed with the street project until a development agreement is <br /> executed by all parties. The development agreement will have to have specific language in it whereby the <br /> developer agrees to pay for all costs of the new street through the site and a share of the signal and turn <br /> lane costs ($187,500). I have been advised by Mike Ulrich,the City's Public Works Director, that there <br /> will be a 3 to 4 month design,plan approval and bidding process that must be completed before any street <br /> construction can begin. This means that street construction would not begin until spring.A potentially <br /> quicker and less expensive option might be for you to construct the street and then turn it over to the City <br /> when it is complete.If you wish to explore this option,please contact Mike Ulrich at 612-717-4051. <br /> If you have any questions,please contact me at 612-717-4021 or Chuck Whiting at 612-717-4001. <br /> Sincerely, <br /> rj;),(,,, Lk-17ke_._.------- <br /> Cc: Mike Ulrich <br /> Chuck Whiting <br /> Wendell Smith <br /> ISVI OY IN1TE0 WITHITM 2401 Highway 10• Mounds View, MN 55112-1499 to <br /> K <br /> recyuea paper <br /> Equal Opportunity Employer <br />