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Chris Anderson From: Todd Rapp <todd@strlawyer.com> Sent: Thursday, February 07, 2019 3:25 PM To: Chris Anderson Cc: Tim Gladhill; Chloe McGuire Brigl; Troy Halverson Subject: Subject: Regency Commons Plat and Site Plan Mr. Anderson: I write on behalf of National Self -Storage, LLC and Troy Halverson as their legal counsel, and acknowledge and appreciate your email to Troy sent yesterday, February 6, 2019, at 4:43 p.m. Troy forwarded your email to me this morning. Confirming our telephone discussion earlier this afternoon, please accept this email correspondence as a written request on behalf of my clients for a one (1) year extension of the approvals previously given by the City of Ramsey for the final plat of Regency Commons and its accompanying Site Plan Approval. As I explained to you, National Self - Storage has, over the past 9 months, entered into two separate purchase agreements to sell and convey the property and the project to third parties. The most recent such purchase agreement remains executory, with the buyers thereunder continuing to possess an equitable interest in the underlying real property. We are presently planning for a February 28, 2019 closing on this pending sale. Meanwhile, we believe it important to maintain the status quo for National Self -Storage, LLC (in the event the sale does not close), and for the prospective buyers (if it does so close) with regard to the approved development. Extending outstanding approvals from the City of Ramsey will, we believe, be in everyone's best interests, including Ramsey's. Thank you very much for contacting Mr. Halverson, and thanks to you and the Council for affording continuing cooperation and courtesies with respect to this pending development project. Please don't hesitate to contact me should you have any further questions. For National Self -Storage, LLC: Todd Rapp S Todd Rapp, PA P.O. Box 441 Rosemount, MN 55068 651-379-3000 (office) 612-860-8700 (mobile) This document to which this notice is attached is being electronically transmitted by an attorney at law, is intended solely for the use of the individual or entity to which it is addressed, and may contain information which is privileged, confidential and exempt from disclosure under applicable law. No waiver regarding any privacy right or confidentiality is intended or to be implied if, for any reason, this original message is received by anyone who is not the intended recipient. If the reader of this message is not the intended recipient, you are notified that any use, dissemination distribution or copying of this message is strictly prohibited, and you are directed to immediately notify the sender by telephone and return this original message to sender by U.S. Mail at the addressed referenced above. i