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Nays: None 1 2 1.Communications From The Public: 3 4 None. 5 6 5.Consent Agenda: 7 8 None. 9 10 6. Public Hearings: 11 12 6a.Planning File 3049. Prince of Peace Lutheran Church and Senior Housing 13 Partners, LLC, are requesting an amendment to the Comprehensive Plan to 14 change the future land use designation of a 6.1 acre parcel from Church to High 15 Density Residential (2561 Victoria Street North) and the designation of a 2.1 16 acre parcel from Low Density Residential to High Density Residential (2555 17 Victoria Street North). Prince of Peace Lutheran Church and Senior Housing 18 Partners, LLC, are also requesting concept development plan approval for a 19 mixed use planned unit development on the entire 8.2 acre site including the 20 existing Prince of Peace Lutheran Church, a 56-unit three-story senior housing 21 building and an off-street parking area. 22 23 Chair Katie Harms stepped down and left the meeting during the portion of the meeting 24 relating to PF3049. 25 26 Acting Chair John Rhody opened the hearing and requested Dennis Welsch provide a 27 verbal summary of the background report dated December 9, 1998 regarding the site, 28 comprehensive plan, zoning and site details as they relate to the Prince of Peace site. 29 30 ChrisHenningson, representing Prince of Peace Lutheran Church, introduced Pastor Vern 31 Rice who described the process of acquiring the Huberty site. The Church needs more 32 parking and also recognized the need for senior housing (as a church community mission). 33 The Church has child care, school of music, and Alcoholics Anonymous on the site. The 34 Church sees the senior housing as an asset to the Church and the park. 35 36 Bob Van Slyke, Senior Housing Partners, noted that the original concept was senior 37 cooperative, but now will be a lease hold cooperative. This project would create a 501c3 38 corporation that would lease the land to a cooperative corporation. The 501c# would be 39 responsible for maintenance and upkeep. The project seeks to use tax-exempt housing 40 bonds. The lease hold cooperative will pay homestead taxes.Forty percent of the units 41 will be occupied by residents with 60% or less of the median income. The developer will 42 market to Roseville first. The two costs in the cooperative are down payment and monthly 43 housing cost. 44 45 Mr. Van Slyke noted the changes the developer has made in location, height, parking and 46 impact on the park. Its proximity to the Church and park make it ideal. Trip generations 47 for senior housing was made available. 48 49 MemberKlausing asked if the housing would be affordable and what would be the cost. 50 Mr. Van Slyke said the share purchase (down payment) would reduce the monthly housing 51 expense payment. He gave examples of project costs in Roseville and Shoreview. 52 MemberKlausing asked if the price could be guaranteed today. (No, the cost of the 53 building is still unknown). 54 55 MemberMulder asked if a purchaser actually purchases equity (yes, limited equity). 56 Page2 of 12