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. <br /> PC Exhibit B <br /> " RYAN COMPANIES US,INC. ����� <br /> 50 South Tenth Sueet,Suite 300 <br /> Minneapolis,MN 55403-2012 <br /> W W W.RYANCOMPANIES.COM <br /> 612-492-4000 tel BUILDING LASTING RELATIONSMIPS <br /> 612-492-3000(ax <br /> May 18,2011 <br /> Ms.Melanie CuYtis <br /> Planning&Zoning Coordinatox <br /> Ciry of Orono � <br /> Post Office Box 66 <br /> Crystal Bay,MN 55323 � <br /> RE: CRYSTAL BAY BUSINESS CENTER . <br /> CONDITIONAL USE PERMIT NARRATIVE <br /> Dear Melanie: <br /> � In 2006 Ryan Companies purchased the 96,000 sf building (Building n at 2725 Wayzata Blvd along with 12 <br /> acres of excess land. AfteY purchasing Ryan made substantial upgrades to this 1960's constructed building <br /> . <br /> which included a new building fa�ade that fronts Wayzata Blvd and an entixely new front parking axea. The <br /> intent was to update this building to market standards in hopes of increased leasing activity. Unfortunately <br /> after five yeaxs in this sluggish economy combined with the functional obsolescence of this low cleax height <br /> � building, we have been extremely challenged to lease space. Our largest tenant ABC Supply moved out in <br /> 2010, leavirig the propexty 90%vacant. Additionallp in 2008 we constructed a brand new 40,000 sf building <br /> (Building In that remains vacant today. The market is extremely slow and there has been more resistance <br /> than we anticipated foY companies to move further west fYOm the 494/394 general business teade area. <br /> We were fortunate in January 2011 to execute a lease with Core Tubes, LLC to lease 16,700 sf in the <br /> southwest corner of Building I. Coxe Tubes was just starting to move pYOduct in when we had the first ever <br /> roof collapse in Ryan's 73 year history. The part of the roof that collapsed is in the back thixd of the space. <br /> Most impoYtandy no one was in the building at the time of the collapse and theYe were no injuries. <br /> The structural engineers attributed the collapse to heavp snow loads and the flat roof that was common in <br /> 1960's building construction. After a thorough review of xeplacements costs it simply does not make good <br /> business sense to repair an old building with a low clear height that has been challenging to lease for five plus <br /> years. This type of space is not desirable in our current marketplace and will likely remain vacant for several <br /> years to come. <br /> Ryan Companies is applying for a Conditional Use Permit for Core Tubes LLC, to store materials at 2725 <br /> Wayzata Blvd. Ryan's proposed plan is to leave the concrete slab in place but to demolish the back 40,000 sf <br /> of Building I where the roof has collapsed. The demolition would leave a 56,000 sf fully enclosed building <br /> and the concrete slab would allow CoYe Tubes to stoxe its materials. <br /> �������� <br /> � MA� � 8 2�1i <br /> � CITY QF ORONO <br /> L� ` <br /> evn�eueoonrioco�ar�eeeo,mmu enrnaaanrieeeo.niee< renreu<eo.�neo e��ireu<v�er.ciueeo�rr�e.uoa rnr�e1u����ui�•en u ii��.w�.�n.<o.. no�vn�«.�,,.e..�.����.�e�w.urn.n<.�� <br />