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Barnhart, Jeremy <br />From: Sue Wong <suewong@homassociates.com> <br />Sent: Thursday, May 03, 2012 12:04 PM <br />To: Barnhart, Jeremy <br />Cc: twincitiespawnshop@yahoo.com; Steve Fischer; Jenny Lenhart <br />Subject: PUD agreement amendment <br />Dear Mr. Barnhart, <br />BPBH Limited Partnership, as the property owner of 19179 Freeport Street, Elk River, Minnesota, is requesting <br />to amend the property's PUD agreement. <br />We are requesting the amendment to accommodate the potential tenancy of "Twin Cities Pawnship"(TCP) into <br />the vacant space at 19179 Freeport Street. TCP will be the acting agent in the application. After careful <br />consideration, we have decided to make the change to the agreement due to several factors. <br />We have determined that TCP is a respectable, established business that has been in operation for a number of <br />years with 3 other locations in Minnesota. They are a locally owned company with a firm understanding of the <br />local needs and demands. We believe that they will contribute to the general growth of the economy at 19179 <br />Freeport. The existing businesses at this location can be generally identified as "highway businesses" and TCP <br />will fit into this market niche. <br />Phis property site has been vacant for the past three and half years and it has been a challenge to fill the space <br />due to the struggling economy. As the property o~mer, we would like to have the space utilized and <br />contributing to the area once more. We have faith that the economy will rebound in the near future and more so <br />with the support of the local community. <br />We look forward to your favorable recommendation and we thank you for you kind attention. <br />Yours truly, <br />Sue Wong <br />Director of Operations <br />BPBH Limited Partnership <br />3288 Steiner Street, 2nd Fl <br />San Francisco, CA 94123 <br />T: 415-776-8588 Ext. 203 <br />suewon~(a?homassociates. com <br />