Laserfiche WebLink
MINUTES OF THE SPECIAL MEETING <br />CITY COUNCIL <br />LITTLE CANADA, MINNESOTA <br />NOVEMBER 1, 2001 <br />Pursuant to due call and notice thereof a special meeting of the City Council of <br />Little Canada, Minnesota was held on the 1 st day of November, 2001 in the <br />Council Chambers of the City Center located at 515 Little Canada Road in said <br />City. <br />Mayor Michael I. Fahey called the meeting to order at 6:00 p.m. and the <br />following members of the City Council were present at roll call: <br />CITY COUNCIL: Mayor Mr. Michael 1. Fahey <br />Council Member Ms. Beverly Scalze <br />Council Member Mr. Jim LaValle <br />Council Member Mr. Matt Anderson <br />Council Member Mr. Rick Montour <br />ALSO PRESENT: City Administrator Mr. Joel R_ Hanson <br />City Attorney Mr. Patrick Sweeney <br />Accountant Ms. Shelley Rueckert <br />Deputy Clerk Ms. Kathy Glanzer <br />SOUTHEAST The City Administrator reviewed Maxfield Research's preliminary demand <br />CORNER OF estimates for senior housing in Little Canada and pointed out that the results <br />RICE STREET of this study show the market is strong and could support at least 80 units of <br />AND LITTLE market rate housing and 135 units of affordable senior housing. The study <br />CANADA ROAD recommends affordable rents of $550 to $650 per month for one-bedroom units <br /> and $700 to $800 for two-bedroom units, while the market rate waits could <br /> command rents of $750 to $850 for one-bedroom units, $900 for one-bedroom <br /> plus den units, and $950 to $1,100 for two-bedroom units. The City <br /> Administrator pointed out that should the City proceed with a market rate <br /> project, it is likely that some of the one-bedroom units would qualify as <br /> affordable. The City Administrator further noted that other cities that have <br /> undertaken senior housing projects have contracted out the management of the <br /> waits to non-profit housing groups. The City Administrator recommended this <br /> same course of action should the City develop and construct a senior housing <br /> project. <br />Fahey noted that the project proposed by Farnham Novak & Associates, Inc. is <br />a must larger project than what the Maxfield research shows the area could <br />support. The Farnham project also provides for a continuum of housing <br />choices from owner-occupied senior cooperative housing to assisted living. <br />