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a <br />.. i <br />Homes fo� Generations <br />Fire Hydrants <br />Aeon prepared a plan for the additional fire h�rdrants a�d submitted it ta the fixe marshal. The fire <br />maxshal revie«ed ancl approved the proposed fire hydrant locatio� plan. <br />Additic�nal Gt•e�n Area� <br />rleon's site �lari i�cludes tcvo additional green spaces fax residents. The cent�ally iocated space in <br />front of the 2235 building �vill become � gathering space for residents tvith landscaping and benches. <br />The green space to the east of the 2225 building �vill become a Ia�vn with landscaping for �esidents <br />to relaY and iecreat�. <br />Outsta.ndirig Issues <br />Impravernents in the Tria�gle of Land Bordering the Northwest Corner ai the Site <br />The plai� shows drive�vay access ta the Phase II builciirig and a rain garc�en i� the triangle of land. <br />'i he o�vne� of the triangle is ur�kna�vn, and MN-DOT has an easementi over it for high�vay purposes. <br />rlcon and the City have been working �uith MN-DO � to Qbtair� the easement or secu�e the <br />necessary approvals to construct the clriveway and rain garden during Phase II of the project. Aeon <br />anticipates a successful outcome; however, because MN-I�O�` �as suc� a large bureaucxacy and the <br />ptocess is cornplicated, it will likely take mot�ths to secure the rights to build the improvemer�ts. <br />These improvements �vili be patt of Phase II and �uill not unpact Phase I of the p�oject. <br />T�e Dedication o£ the Public Roadway within the Site <br />The cou�ty and the city are requi�7.tig Aeon to dedicate the portion af West SneIling Drive within the <br />sire. Currentl�, �lie ciry has a permanent easement over the road: To fully fund the proje�t; r�eon <br />needs to dedicate the xoad«a.y after it coinpletes the P�ase I improveme.nts because dedicating the <br />road�vay befare �econstruc�ion �vill reduce rhe amoun� of la�v income hausing tax credits the project <br />�vill receive. Accatding to federal la�v, the amount of law income housing tax credits a pxaject <br />receives is based on the amount of cons�-uct�on activities luithii� the projecY's. propert�� baundary. <br />Dedica.ting the road�vay priar to reconstruction tvould move it outside the p�oject's prope�tq <br />boundary; thus reducing the amount of funding for the averall project. <br />Page � of 5 <br />16?5 l�arlc Airenue, I�tinneapolis, I�fN 55404 612-341-31�8 612-341-4?08 F �vwt�.aeontnn.arg <br />