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1A, Arden Village Discussion
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1A, Arden Village Discussion
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Page 2of2 <br /> Arden Village Update <br /> Although the unit count has changed, we are able to keep basically the same footprint of the <br /> building that was proposed before. The new design will still provide 1:1 parking underneath <br /> the building and the elevations including building materials will remain the same. Wm are also <br /> working with the Ramsey County HRAtb provide HOME funds for the project inexChangefor <br /> designating approximately four affordable units with rent and income restrictions for the next <br /> 20 years. <br /> VVe are requesting a minor amendment to the development agreement reflecting this change <br /> to the development plans. With this, we can jndmneJiate|y move forward with the finalizing our <br /> construction plans soVxe can begin construction in early%O13. Thank you for your <br /> consideration. <br /> Sincerely, <br /> Jamie J.'Thelen <br /> ` _--_- <br /> Chief Executive Officer <br />
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