Laserfiche WebLink
55 Planning and Zoning <br /> 56 April 4, 1995 <br /> 57 Page 2 <br /> 58 <br /> 59 <br /> 60 supply, storm water, management & watershed issues, <br /> 61 park dedication, street lights, streets, trees, <br /> 62 vegetation, assurance of quality control and permits. <br /> 63 - Property values should not be an issue due to 3 sides are <br /> 64 vacant and zoned industrial. <br /> 65 - "Low income housing has been over - blown." <br /> 66 - The management company screens all renters. <br /> 67 - This property does not compare to ACCAP homes, there is a <br /> 68 management company. <br /> 69 - Discussed the blueprint....8 plexes with a tuck under <br /> 70 single car garage. <br /> 71 - The only change from original proposal is that it is a <br /> 72 rental property versus sales. <br /> 73 - Other projects that Kornovich Development has done are in <br /> 74 Blaine, Coon Rapids, Hudson, Champlin. <br /> 75 <br /> 76 Sharon Schulz, Metes and Bounds Management Corp., stated that all <br /> 77 applicants are screened. The rent is the responsibility of the <br /> 78 resident - a family of four income level would be $30,600.00. <br /> 79 <br /> 80 Kornovich said that it would only take 6 months to build once <br /> 81 approval is given. He also stated that he was just the developer <br /> 82 and the property would be sold to one or two owners. <br /> 83 <br /> 84 Q: Once and owners has bought the property would the management <br /> 85 company change? <br /> 86 <br /> 87 A: It is possible. <br /> 88 <br /> 89 David Lee, Owner of Metes and Bounds Management Company, - <br /> 90 described other projects built by Kornovich and projects that <br /> 91 they manage. <br /> 92 - He said the density of this project is low compared to <br /> 93 what could go in on this land. <br /> 94 - It is zoned multi - family (R -2) with a special use permit, <br /> 95 he said. <br /> 96 - Residents are responsible and property is well -kept on all <br /> 97 other projects. <br /> 98 - If land is developed it will end up to be more dense than <br /> 99 if this proposal does not go through. <br /> 100 <br /> 101 Gordon Rehbein, 9564 Monroe Street, Blaine, property owner, <br /> 102 - that he has been assessed $200,000 on improvements already <br /> 103 done on project (sewer /water and floodplain reduction) that <br /> 104 went in in 1991. <br /> 105 - Project originally did not go through due to time it was <br /> 106 taking and lost the buyer. <br /> 107 <br /> 108 <br />