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1193 <br /> bought not knovring you were against commercial property, assuming <br /> that it was farm land, will anyone come in within a couple hun- <br /> dred feet of Mr. Lindig's and buy it as residential? You are go- <br /> ing to have another strip again right up against commercial prop- <br /> erty. What is to happen to that property of Mr. Lindig's? <br />Korstad I think in my opening remarks I answered it as to why we think the <br /> present zoning is unfair, and that's all I would be able to say at <br /> this time. <br />Nilsen Are there any citizens of Falcon Heights who wish to be heard re- <br /> garding this matter? <br />Rev. E. R. Rev. E. R. Klein, 1710 Fry. The statement was made by a representa- <br />Klein five of Mr. Lindig that the value of the property had been deflated <br /> at the time the individuals made purchase. I can testify that that <br /> statement is untrue because the property which is for sale was not <br /> devaluated at that time, and any loss in value would be say subse- <br /> quent to purchasing or at the time that any such project as has <br /> been proposed would be constructed on~the area across from it. <br />Nilsen A lady raised her hand back there. <br />WZrs. Herbert I am rdrs. Herbert Horton, 1It68 California and I merely want to <br />Horton suggest that the council honor Mr. Lindig's rights, that they will <br /> not rezone it from commercial, and if people who are really objecting <br /> to commercial property are concerned that they buy that strip and <br /> donate it to the city and thus eliminate Mr. Lindig's loss and pay <br /> him what it is worth as commercial property and then retain the <br /> property for a. pleasanter use - whatever they feel is right for it. <br />Nilsen Are there any other citizens of Falcon Heights who vrish to be heard, <br /> any property owner, any resident who wishes to be heard with respect <br /> to this? Does any citizen have a question they wish to ask? <br />Klein Why would anyone refuse the buy the property if it was rezoned res- <br /> idential? fl4r. Kulkay right next door to our property purchased and <br /> built on his property .with the full knowledge tna+ the 179' on <br /> Larpenteur had been zoned. commercial. If he did so without any fear, <br /> I am sure that anyone who knew the property directly across from him <br /> vrould be available for residential property would have as much faith <br /> as he. <br />Utecht I vrould like to ask a question of Mr. Korstad with the understanding <br /> that if he doesn't want to answer it, he is pef'fectly free not to. <br /> Presuming for a minute that the property were not rezoned, but left <br /> as it now is, is there any type of commercial operation that would <br /> be satisfactory to the people in your community? <br />Korstad I'd be very glad to answer that, Ivlr. Utecht. We think because of <br /> the tax picture, because of the traffic problem, because of the cost <br /> of keeping up the roads, because of the water problem, that apartment <br /> buildings and buildings of that type are not proper on that property. <br /> We would be very happy to leave the property like it is and have a <br />nice office building like GTA or some similar project that <br />ill <br />i <br /> w <br />g <br />ve <br /> something to the community in tax money and not take tax money away; <br /> and not present a traffic and safety problem and a playground problem <br /> to our children. We would very much like to have some commercial <br /> building of that, type, not by way of limitation, I say an office <br />