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-9- square feet of land involved in the three tracts. In his investigation with the Ramsey County Auditors he noted that the present properties located there contribute approximately $772 annually in taxes and that the proposed bank project would contribute in the neighbor- hood of $18,700 in local property taxes. The architect repre~enting the bank explained and displayed a design of the bank building and had a scale model to present to the Commission. He stated that the exterior material of the bank would be of stone and copper and that any signs developed would be in conformance with the Village Code and would be an attractive sign for the bank property. Mr. Jansen presented a synopsis of the petition indicating the property owners who indicated support of the particular bank project. He stated that the bank hours would be between 9:00 A.H. and 3:00 - 4:00 P.M. with opening one night per week. Discussion Mr. Robert Margo, 1124 Ruggles, had a reference to the "701" Plan and felt that this was now a deviation from it and that commercial property would now continue to go north on Lexington Avenue. Mr. Ed Nordquist, 1045 Ruggles, had a question on the traffic that would come out onto Ruggles Avenue. Mrs. Shirley Beam, 1042 Ruggles, also questioned the commercial development that would proceed up north on Lexington Avenue if this rezoning request were granted. Mr. Robert Margo, 1124 Ruggles, had a question of how many banks can locate in the same general area. Dr. John Kennedy of the Kennedy Medical Clinic had a question as to the common drive in entrance that would be shared by the clinic and the bank. He also felt that the drainage had not been completely resolved on this matter. RE Ca,1r.ENDA TI ON EDLUND MOVED, DEMOS SECONDED, 11IAT \liE RECOMMEND THAT THE REQUEST BY A. RITT, M. D. FOR REZONING FROM R-l TO B-2 AT 1820 NORTH LEXINGTON AVENUE BE APPROVED. ROLL CALL, AYES: DE~1OS, POPE, EDLUND, ~1EMBREZ. NAYS: NONE. (CARPENTER INDICATED A YES VOTE ON THIS MATTER PRIOR TO LEAVING THE MEETING.) PLANNING FILE 552-69 - BAN-CON, INC. REQUEST FOR SPECIAL USE PERMIT FOR APARTMENT IN B-1 ZONE AND EXCEEDING 1-1/2 STORY IN HEIGHT AT 2075 NORTH RICE STREET. Presentation Mr. Ted Glasrud, representing Ban-Con, Inc. stated ~1at the land was presently zoned B-1 and that he would like to construct a 3 story apartment with a basement garage that would front on Rice Street. He stated there are approximately 95,000 square feet of area involved which is just over two acres and that he would propose to develop a 42 unit building with 21 one bedroom units and 21 two bedroom units. He stated that the building exterior would be of wood and that a landscape plan was not ready for submission to the Planning Commission at this time. Discussion There was some question as to whether or not the property should be rezoned to R-3A or should it stay in a B-1 zone and grant apartments through a special use permit. There was also a question as to the wood treatment of the exterior of the apartment building. Mrs. Theresa Bloom, 2040 Woodbridge, had a question as to the parking and the height of the buildings and she felt the three story building would look down over onto her property and into her back yard. Mr. Donald Peterson, 2041 Woodbridge, had a question as to the screening of the apartments and whether or not this was covered in the Code.