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MOUNDS VIEW CITY COUNCIL Regular Meeting PAGE 3 May 27, 1980 Forslund stated she voted Nay because she understood the tax exempt financing was made available to entice industry into out -lying communities and blighted areas to provide a broader tax base and provide employment. She does not feel Mounds View has to be com- petitive in the area for Industrial Revenue Bonding and Tax Exempt Mortgages as we are a community within a large metropolis. McCarty stated he voted Nay because the balance sheets were not audited and because, at present, Council does not have any guidelines for approval of these projects. He felt this should be addressed by the Council as soon as possible since it actually was lending the credit reputation of the city. He also stated that this was no reflection on the Wolf and Associates proposal. The public hearing opened at 8:11 p.m. The regular meeting closed for the public hearing. Comments: Tom J. Johnson, 8025 Red Oak Drive, referred Council to a map which indicated that the third and fourth houses north of his residence had setbacks which would match his proposed setback. He is appealing to Council because his proposal is similar to those particular houses and also because the Planning Commission (5 -5 -80) could not agree on the actual interpretation of Code Section 40.05 Subd. C. Peg Mountin, 8287 Red Oak Drive, stated she did not feel it was the Planning Commission or the City Council's intent to create a Code which could not be applicable to every resident. She, therefore, asked Council for their remarks on the original intent of the Code so the Planning Commission could have their input Cindy Winum, 8028 Red Oak Drive, indicated she lives directly across from Tom Johnson and that she approves of his request. She also expressed frustration with the differing interpretations of Codes from different (previous) Councils. Dean Krogh, 8060 Red Oak Drive and Don Swanson, 8039 Red Oak Drive, both indicated their approval of Tom Johnson's request (neighbors of Mr. Johnson). Sharon McCarthy, 7760 Long Lake Rd., felt that more requests of this type would be coming in and that the rights of the citizens to develop their property, as well as the right of present citizens, not to have a neighbor destroy their property values, needed to be protected by the Council and Mayor. 7. VARIANCE APPEAL OF THOMAS J. JOHNSON 8025 RED OAK DRIVE PUBLIC HEARING