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Mr. Daryl Gemar January 26, 2006 PRATT HOMES CORPORATE OFFICE 3500 Willow Lake Boulevard,Suite 100 Vadnais Heights,MN 55110 RE: Phase II, Silver Lake Village Dear Daryl: This letter is being sent as a follow-up to the meeting with you and Stacie Kvilvang on January 24,2006 during which we discussed what needs to be done for the continued redevelopment of Phase II of the Silver Lake Village. Phase 11 of the residential portion of the Silver Lake Village includes the properties located at 3901 Stinson Boulevard (PID 31.30.23.33.0006 and 31.30.23.33.0018) and 2415 - 39th Avenue NE (PID 31.30.23.33.0010). The City understands that Pratt Homes has closed on 3901 Stinson Boulevard NE and closing on 2415- 39th Avenue NE (PID 31.30.23.33.0010) will occur on or about March 15, 2006. Once Pratt Homes has closed on and taken possession of the above-mentioned properties,Pratt Homes will need to apply for the following actions in order for the redevelopment of the Phase II site to continue. • Rezoning to PUD • Subdivision of Land/Preliminary Plat • Final Plat The question of the need to rezone did come up during the meeting and upon further research,I determined that the original PUD delineation did not include the car wash site or the Firestone site because Pratt Homes did not own them at the time, therefore did not have control of the properties. The rezoning and subdivision of land require public hearings before the City's Planning Commission. Recommendations regarding the rezoning and subdivision of land, as well as the final plat require approval before the City Council. These issues may be addressed at the same Planning Commission meeting and the same Council meeting according to the following dates: Concept Review: March 21 - Planning Commission Application Due: March 21