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BU:I~OERS ~ . , 1~~ DEVELOPERS e 'VIEWCDN INC.C:X 5901 OSSEO FlOAD MINNEAPOLIS. MINNESOTA 5!342S ~r. Burke Raymond, Vlllag~ Manager Vi II .go of Rosovllle 2701 North Lexington Avenue Roseville, Minnesota 55113 Fooruary 23, Oe~r ~r. Raymond: Thank you fer the courtesies extended In our meeting at 10:00 a.m. this morning. I ~ould like to summarize the meeting and our position as follows: We were dl~appolnted thDt the Council at their meeting of February 16. 1970, declined to refer our application to the Planning Commission for their consl~eratlon. We respectfully request the Village Council to reconsider their position for the following reasons: I. Our company is primarl Iv in the land develop~ent business. We have purchased this property for the primary purpose of bUIlding, owning, dnd managing ~ high-quality apartment ~om~unity. The high land cost and taxes ~ake It 1~~o~slble for u~ t~ dplay the development of this property for any substantial period of time. 2. Approximately two-thirds of the property is presently zoned B-1 ~hich allows apartMent construction under a ~peclal permit. 3. From a planning and aesthetic point of VIew, it is our opinion that a tot~1 multiple com~lex would cause less detrl~ental effect than Many of the oresently perMItted uses under" the existing 1-1 zonIng. 4. From a tax and school vieWPOint, this project Noula prOVIde sUb$tantial!y More munl~,pol dnd school suppor+ per acre than ~osadale or ~~st of the perMitted use~ in t~e B~1 or 1.1 zones. ~ '~ ~ ,,. ,} ,1f ~ 'AI :~ .~I ........;....; :.,-f . ~ ~t \!.. ~ ~ i ~ ,< ~ 'i ',,- " ~, } " ~ 1.