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,y, Y- <br />r °"l <br />9. 'F.. Red a.. A9. i' i,i 4.S', <br />r ~~~~ ~ ; yaks £;~r~ter 13riv~ <br />i ~~ ~.,, 1~<;i =a :x:31 <br />~, ~uree~rc~€€~lic.co~r; <br />+~~Fq~J(A~.rV 8 $~k y g <br />t k E,. C~'. i i. a~"J C~.~i~C <br />quite C <br />~' 21£3 fi2w,• X12 <br />F 1t3'~25-ZC7" <br />September 12, 2011 <br />Ms. Annie Deckert <br />Marketing & Business Development Director <br />City of Elk River <br />13065 Orono Parkway <br />Elk River, MN 55330 <br />RE: CDI Expansion <br />Dear Annie <br />Per our previous conversations and your direction to have CDI provide the EDA a request to review its <br />proposed expansion plans we offer the following for your and their consideration: <br />1) Regarding the City's memo dated February 2, 2011 from Catherine Mehelich to Fat O'Brien: <br />- Company Needs: <br />* We would like to clarify that the expansion being proposed would be no <br />larger than 40,000sq. ft. <br />Preliminary Siting Proposal: <br />* CDI would like to pursue EDA sale of a PORTION of adjacent parcel Lot 1, Block 1. <br />It is not economically feasible or responsible for CDI to acquire the entire site as it does <br />not currently have the need to develop it in its entirety. <br />* CDI wishes to investigate all the potential financing options; Tax Abatement, Mircro <br />Loan, Contract for Deed etc. <br />- CDI Benefits: <br />* No issues unrelated to those mentioned above. <br />2) Regarding the City's memo dated August 25, 2011 from Annie Deckert to Pat O'Brien: <br />- Proposed Site Plan: <br />* CDI will develop a revised site plan that shows the expansion at 30,000 sq. ft. vs. the <br />22,000 plan CDI has submitted and reviewed with Staff. <br />* We understand that the layout will require a CUP. <br />- Property Owned by EDA: <br />* We understand that the EDA would need to support a sale of the property to CDI <br />before a CUP would be considered. <br />* We would like to EDA to review CDI's request to purchase a portion of Lot 1, Block 1 <br />at its October 10 meeting. <br />* CDI will submit a drawing showing its proposed expansion by September 23. <br />C~vto~r '' ~ !~c~il~~r~ <br />