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<br /> MINUTES <br /> City Council <br /> (Cont'd.) <br /> February 21, 1980 <br /> Councilman Fahey asked Mr. McNamara what price he would be willing to <br /> accept for the property. <br /> Mr. McNamara stated that the price has not been negotiated yet. I-le <br /> stated that he and Mr. Jacobson are flexible on the price. They are <br /> also interested in developing the front portion of the property. <br /> Mayor Hanson stated that the City will only be allowed $1,500.00 per <br /> housing unit for the purchase of lend. That means $90,000.00 far <br /> the purchase of property if the City is going to build a 60 unit <br /> building. <br /> Councilman DeBace stated that the next thing the Council should do <br /> is get an Architect to give the Council a rendering of how the <br /> senior citizen building would be laid out on the McNamara property. <br /> Fahey stated that he would like two things: 1. to see how the building <br /> would fit on the property, and 2. to know what the cost of the <br /> property would be to determine if the project would be feasible. <br /> Fahey also stated that he thinks his in-laws, who are residents of <br /> this area, would be opposed to the senior housing development in their <br /> neighborhood. <br /> Hanson stated that Mr. Rice and HUD will be looking at tYie property on <br /> Monday. Hanson stated that the purpose of tonight's meeting was to see <br /> what the people of the area thought about the possibility of this <br /> development going in their neighborhood. Flanson stated that the City <br /> does not want any surprises with this project. <br /> Councilwoman Scalze stated that if there is any opposition to 'the <br /> project, she would not be in favor of it. Hanson stated that if <br /> there was opposition, he would not be in favor of it either. <br /> Councilman Fahey stated that the Council must keep in mind the March <br /> 31 deadline. Fahey suggested that the Council authorize the City <br /> Attorney to negotiate a price for the purchase of the property. <br /> Mr. Fahey introduced the following resolution and moved its adoption: <br /> RESOLUTION N0. 80-2-100 - AUTHORIZING THE CITY ATTORNEY <br /> TO DETERMINE THE PURCHASE PRICE PER SQUARE FOOT OF THE <br /> RESIDENTIAL PROPERTY IN QUESTION, WHICH WOULD BE APPROXIMATELY <br /> THREE ACRES OF RESIDENTIAL PROPERTY LOCATED NORTH OF THE <br /> COMMERCIAL PROPERTY FRONTING ON LITTLE CANADA ROAD <br /> The foregoing resolution was duly seconded by Mr. Nadeau. <br /> Ayes (5) Fahey, Nadeau, Hanson, Scalze, DeBace. <br /> Nayes (0). <br /> Resolution declared adopted. <br /> This resolution appears in Resolution Book No. 6, Page 63. <br /> Page -6- <br /> <br />