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Rodney A Lee <br />City of Ramsey Commercial Property Owner <br />Tim Gladhill <br />Community Development Director <br />City of Ramsey <br />7550 Sunwood Dr. NW <br />Ramsey, MN 55303 <br />Mr. Gladhill, <br />The basis of this letter is to show support for the proposed development by Paxmar. As a <br />property owner, I see many benefits to the City, Residents and Businesses. <br />The proposed development has multiple housing styles and price points. A variety of housing <br />product types and builders in the community will be a great draw to potential buyers/residents. <br />Ramsey has many great attributes and an increased housing stock seems to be needed to meet <br />demand. The proposed development has a bit more density than the R-1 zoning, but it fits the <br />location. A development with multiple housing types would complement not only the existing <br />Single Family to the east, but the business park to the south, busy Alpine Road to the north, and <br />proposed multifamily to the west. <br />Along with a higher density, also comes an increase in City fees and property tax revenues. <br />With the City having a per lot/unit fee structure, every additional unit means increased fee <br />revenue. The tax valuation will also be higher with the increased density, leading to more <br />property taxes. <br />The proposed development would also speed up the Puma Street project. Any reductions in the <br />amount Puma is under construction should be welcomed by the City. <br />All in all, the proposed development seems like a great fit for the location and I urge the City <br />representatives to approve the project. <br />Sincerely, <br />V <br />Rodney A Lee <br />Broker/Owner <br />Premier Commercial Properties <br />