PCMin_83Mar21_Special - Laserfiche WebLink

Home Browse Search

MINUTES SPECIAL MEETING OF THE PLANNING COMMISSION • MARCH 21, 1983 The Planning Commission was called to order at 7:30 P.M. by Chairman Al Stefanson. Stefanson, Nielson, Mead, Brown, Bourquin, Olson and Wallin. Also present PRESENT was Council Liaison Ciernia. Chenoweth and t~ialdo. ABSENT Chairman Stefanson informed that the meeting was informational and was PURPOSE OF primarily concerned with the subdividon request by the Hawkins Estate. MEETING The information and decisions would then be passed to the City Council for consideration at their Wednesday, March 23rd meeting. James W. Maenner, First National Bank of Minneapolis, is the applicant JAMES W. for the subdivision. He referred to two surve~s(~1102 and #1102A) MAENNER, FIRST developed by Cherrier, Winter and Associates, Inc. They request sub- NATIONAL BANK dividing the current Hawkins property into two parcels, one being 17 OF MPLS. acres more or less which will be sold to Good Value Homes, bor. Maenner then reviewed what actions transpired since American Shelter's original interest to purchase the property until the present. When the statutory time limit expired for the platted property in Bernwood Additions 1-5, First National Bank of Minneapolis created sketch plans that could be incorpora ted into market reports. In December they met with representatives of the neighborhood task force. In January, 2~ to 30 copies of the market report were mailed to brokers and in February negotiations took place. Good Value Homes then entered into a purchase agreement. It is the sole intent as administrator of the estate to close out the estate and liquidate the assets. I~~r. Maenner also stated that he wrote a letter to Clint Hewitt regarding the Cleveland access and did not receive a reply. He does not feel, however, that it is the type of activity that the bank should be engaged in. Al Stefanson pointed out that the access to Cleveland was pursued AL STEFANSON by the city previously and the University had not given permission for the access. Jim Bourquin asked if the relationship between First National Bank of JIM BOUR~!UIN Minneapolis and American Shelter had been examined by our City Attorney. Jim Maenner advised that their attorney from Weis and Cox was in the process of writing a title opinion. John Peterson, Director of Development of Good Value Homes advised JOHN PETERSON that they are a privately held company which has been in business far GOOD VALUE fourteen years primarily in the north suburban area. Due to the HOMES economy and interest rates the last three years they have been building condominiums, attached homes, twin homes, etc. Since the interest rates have moderated and since there seems to be a demand in the market •