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Reliance Real Estate Services, Inc. <br /> <br />December 2, 1991 <br /> <br />City of Ramsey <br />Planning and Zoning Commission <br />c/c Ryan Schroeder <br />15153 Nowthen Boulevard NW <br />Ramsey, Minnesota 55305 <br /> <br />RE: <br /> <br />Notice of Public Hearing <br />Rezone from B.1 Business to RB rural Business <br /> <br />The purpose of this letter is to respond to the above referenced. <br /> <br />By way of background information, we are the Managers and Owners of 14556. 14560 <br />Armstrong Boulevard (Lot 1-3, Block 1, Hauser Addition, Anoka County, Minnesota). <br /> <br />we are in receipt of the above referenced notice and although we support a unified <br />zoning code, we are very concerned at the extremely negative impact this change would <br />have on our Property. <br /> <br />We think you will agree that the commercial real estate market is currently distressed and <br />commercial tenants are hard to find. Taxes, Property vacancies and operating expenses <br />are up. Our property can not afford a down zone to rurar business that would further limit <br />the types of commercial tenants currently available to us. <br /> <br />Due to the age of our building, its location and future retail developments it, is even more <br />important that we retain the B-1 business zoning currently in place to avoid vacancies and <br />remain competitive in the market. <br /> <br />We ask that the city provide us with assurances that our property will receive no negative <br />impact or further restrict this properties potential tenancy. <br /> <br />Dain Tower, 527 Marclue,te Avenue South · Minneapolis, MN 55402 <br /> 612.338.1000 · FAX 612-338-8971 <br /> <br /> <br />