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12967 Crooked Lake Lane <br />Coon Rapids, MN 55448 <br />JUN 0 1 REC'D <br />763 s757 4143 <br />City of Ramsey <br />Attn: Chris Anderson <br />Associate Planner <br />7550 Sunwood Dr NW <br />Ramsey, MN 55303 <br />Subject: Commercial Property at 6740 Hwy 10 NW, Ramsey, MN <br />May 29, 2012 <br />1. Lakeview Development Inc of MN is the fee owner or real estate and improvements at 6740 <br />NW Highway 10. <br />2. At some time in the past year or so, Lakeview and Tris Star Enterprise entered into <br />discussions regarding Tris Star's possible lease a portion of subject property from which to <br />operate an auto dealership business. <br />3. Tris Star did not complete the required "Commercial Rental Application", nor follow up to <br />enter into a lease agreement with Lakeview. <br />4. In view of Item 3 above, Lakeview now considers Tris Star's inquiry and application closed, <br />void, and having no farther effect. <br />5. Lakeview is now willing to enter into a mutually agreeable lease agreement for a portion of <br />subject property with MSM Auto LLC, pursuant to recent discussions with Susan Mechache. <br />6. Lakeview understands that this subject has a number of "moving parts": City approval, State <br />Auto dealer license, etc., in addition to our own lease, and is generally agreeable to cooperate.. <br />Feel free to contact <br />dersigned if questions on the above should arise. <br />Bill Dubats <br />President, Lakeview Development Inc of MN 763 757 4143 bdubats@q.com <br />