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2389 Mayport Road (Best Western) 06.19.2006 June 19, 2006 Mary S. Funderburk Laureate Capital, LLC Assistant Vice President Loan Closing Analyst III 227 West Trade Street, Suite 400 Charlotte, North Carolina 28202 Re: Best Western Atlantic Beach, 2389 Mayport Road (RE No. 169398-0400) Dear Ms. Funderburk: The Zoning District classification of the above referenced property is Commercial General (CG) and the land use designation as designated by the adopted 2015 Comprehensive Plan for the City of Atlantic Beach is Commercial (CM.) The current existing hotel use is considered a lawful and legally established use. As of this date, the City is not aware of any facts with respect to this property, which would constitute a violation of any zoning and Land Development Regulations. Copies of the above referenced regulations and provisions are enclosed herewith. Please do not hesitate to contact me by phone at 904 247-5826 or by e-mail at sdoerr@coab.us with any further questions. Sincerely, Sonya Doerr, AICP Community Development Director Enclosures