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MINUTES <br />CITY COUNCIL <br />FEBRUARY 19~ 1997 <br />of Little Canada Road and Country Drive. Johnson again <br />pointed out that housing is very feasible, suggesting <br />up-scale units in the range of 1,200 square feet. <br />Housing above retail is also a possibility pointing out <br />that a portion of retail rents are used to offset <br />housing rents. <br />Johnson again indicated that redevelopment is a long <br />process. Financing needs to be identified. The City <br />has the rental population, and renters tend to buy more <br />services and eat out more often. <br />The Council thanked Lotus Realty for their <br />presentation. <br />There being no further business, the workshop meeting <br />was adjourned at 9:35 P.M. <br />~! ~~.~. ~--J> 1~_ i <br />Michael I. Fahey, Mayo <br />Attest: <br />i <br />~~ ~ ~ ~ ~ <br />Jo'e R. Hanson, City Administrator <br />8 <br />