Agenda - Council - 12/09/2003 - Laserfiche WebLink

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TOP T£AIO£AiT£ , LLO. November 17, 2003 City Of Ramsey Ramsey City Council 15153 Nowthen Blvd. N. W. Ramsey, MN 55303 RE: Requested hardship exception to development moratorium in the Hwy. 10 Corridor Dear City Council; As the owner of the property at 7129 Highway 10 N. W., Ramsey, MN. I respectfully request that you grant an exception to Moratorium Ordinance 03-27 pursuant to the provisions provided for under Section 4 of the ordinance. Under Section 4 you have outlined the circumstances where strict adherence to the ordinance would cause undue hardship and practical difficulty for the property owner and/or business occupant of the subject property. Listed below I have outlined the specific provisions of Section 4 and the specific hardship or practical difficulty encountered in this situation. They are as follows: 1. That there are special circumstances or conditions affecting said property such that the strict application of the provisions of this Moratorium Ordinance would deprive the petitioner of the reasonable use of petitioner's land. The condition of the property requires updating for cosmetic and usability reasons. However the costs associated with upgrading the property cannot be recovered with the current tenants of the property. The current Tenants have indicated that they are unable to pay the current rent and have requested a rent reduction because they are unable to generate business profits to cover expenses. The rents that are being asked for this property are substantially below the norm for the area and specifically are nearly half what rents are in retail complexes in the immediate vicinity on Highway 10 in the City. After a seven month search for new Tenants, Ramsey Spirits, LLC. has signed a lease to operate an MGM Wines & Spirits operation at the subject property. MGM is requiting that a new Separated entrance, a new facade, and space for the product coolers be added to the building. I am convinced though my efforts to keep this building leased that the property must be improved in order to reach economic viability. - 2. That the exception is necessary for the preservation and enjoyment of a substantial property right of the petitioner. : This exception is necessary to generate the required cash flow to operate this property in an economically feasible manner. Without the ability to upgrade the existing premises it will be impossible to attract quality tenants and consequently manage the property in an appropriate 22~0 bi,.~.~,~ e,o,.d · Fda P..~,, HAl ~0 · Pgo.,~: ~q2-~5-OTI3 · F~.. '1G-~'1-~O27