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Official Statement 10-04-2016CITYOF CHANHASSEN Chanhassen is a Community for Life- Providing forToday and Planning forTomorrow Official Statement Relating to the Paisley Park Rezoning Request October 4, 2016 On Monday, October 3, 2016 the Chanhassen Mayor and City Council voted to table the application for rezoning to establish a Planned Unit Development (PUD) which would have allowed Paisley Park to operate as a museum. In doing so, Chanhassen City Council acted within their authority as the city's legislative and policy-making body. The application was submitted by Bremer Trust National Association, the court-appointed special administrator of the estate of Prince Rogers Nelson, who has formed PRN Music Corporation to operate the museum and offer tours at Paisley Park. Council Members cited -public safety and traffic concerns, necessary site improvements, and the need for- additional information on impacts to the community as reasons for the 3-.2 vote to table the issue. The Chanhassen Mayor, City Council, and staff will continue to work with representatives from Bremer Trust, N.A. and PRN Music Corporation to mitigate conce-irns o*li t1flie current application. The application, along; with any changes, will be brought to City Council for another vote on or before December .1-0, 2016. PRN Music Corporation understood the risks of selling tickets prior to City Council approval of the PUD. All questions regarding ticket sales should be directed to PRN Music Corporation or Bremer Trust, N.A. The City of Chanhassen has no authority on the sale or refund of tickets for Paisley Park tours. PH 952-227-1100 9 www-ci.chanhassen-mn.uso FX 952.227-1110 7700 MARKET BOULEVARD e PO BOX 147 o CHANHASSEN * MINNESOTA 55317