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Regular City Council Meeting Monday, September 08, 2008 Page 16 recourse. Mr. McGillis reiterated the number of regulatory requirements and par- ties involved in monitoring compliance. Mr. McGillis offered to answer specific questions of the City Council. Norm Jones, with the firm of Winthrop and Weinstein, Attorney for the De- veloper and Developer Partner Mike Swenson, was also present to respond to City Council questions. Councilmember Pust addressed her interpretation of the Agreement and a certain percentage of tenants (60%) meeting income guidelines. Mr. McGillis responded that the regulations indeed required a certain percentage to meet the threshold; and the developer's application for project financing and determining what the right percentage should be, based on the tenant profile when they purchased the property, and their expectations of affordable units upon com- pletion of their renovations; with those numbers respectively represented in the Agreement upon election, and identified tax credit units upon completion. Councilmember Pust clarified that she was understanding the facts correctly and in the right context, and that the developer had been told by their legal advisors that they were meeting the requirements of the program; and in doing so, they had raised some rents. Councilmember Pust opined that she was inclined to consider this as a landlord/tenant dispute. Mr. McGillis concurred with Councilmember Pust's interpretation of the provi- sions of the Agreement as indicated. Councilmember Ihlan questioned where she would find specific information in the application of rent provisions. Mr. Norm Jones, Attorney for the Developer responded that the information was part of the application packet submitted to the MHFA, Form HTC-l, and also submitted to the City of Roseville for issuance of the 4-1M letter; both documents that should be available in the City's file; with that form providing target rents and the target amount of restrictions on each unit type. Mr. McGillis advised that the documents would have been dated sometime in July of 2007. Mayor Klausing opened the floor to comment from Mr. Jack Cann Mr. Cann alleged that the owner had given a large number of eviction notices, with tenancies terminated at the end of this month without reason; and sought to know why, how many, why and if they're claiming that those tenants are over in- come, how can they be after saying that 25% of the residents don't have to meet low income requirements. Also, since significant rent increases had been im-