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-3- Planning File 750 - Mandon Properties request for variance to sign height and size at 2700 North Fairview Presentation Mr. Jack Lawrence of Signcrafters Sign Company represented the applicant. The Village code provides that a pylon sign shall not be higher than 25 feet and the gross area of any surface of the sign shall not exceed 100 square feet, Mr. Lawrence indicated that the applicant proposes to construct a sign 30 feet high with a gross surface area of approxi- mately 146 feet. Discussion Mr. Pope connnented that when the applicant had applied for the construction of his truck wash that he had indicated that the facility "-Uu1d draw from the trucking firms in the area and therefore, have a ready made client1e. Mr. Pope reasoned that it was, therefore, un- necessary to have a large sign which would be for advertising purposes. Mr. Eagles indicated that he failed to see any hardship demonstrated in support of the need for a variance for the sign, Recormnendation Mr. Eagles moved and Mr. V. Jolmson seconded, that the CoIIDllission recoIIDllend denial of Mandon Properties request for variance to sign height and size at 2700 North Fairview. Roll Call, Ayes: V. Jolmson, Membrez, Demos, Eagles ,Kellett, G. Jolmson and Pope. Nays: None. Planning File 751 - Shelter Development Corporation request for special use permit at 2800 North Snelling Presentation Mr. Bob Stroot, representing Shelter Development Corporation, indicated that this appli- cation is on the same property as Shelter Development Corporation's application of last year. He pointed out that the previous application had required a number of variances from the Village Code. He stated that Shelter and their architects have restudied the site and have developed a plan which requires no variances, The only request is for a special use permit for multiple buildings on one site, The proposed plan consists of a total of 164 units, including 60 one bedroom units, 84 two bedroom units and 20 three bedroom units for a density of 20,5 dwelling units per acre, Mr, Stroot indicated that there is a market in Roseville for housing which is oriented to families with children. The rental for a one bedroom will be $132,00 per month, two bedroom $163.00 per month and three bedroom $191. 00 per month, Financing has been applied for from the Minnesota Firmnce Agency which is an agency of the State of Minnesota, The act which created the agency is presently before the Supreme Court to test its constitutionality. The act as it is pre- sently written includes a 50% tax abatement for the type of project proposed. Mr. Stroot indicated that if financing through the Minnesota Finance Agency was not approved, that other methods of financing would be considered, including conventional financing, and in that case the rents would, of course, be market rents for comparable apartments. Mr. Stroot indicated there are approx:ima.tely 15 states that have agencies similar to the Minnesota Finance Agency that sell tax exempt revenue bonds to help finance low and moderate income housing.