Agenda Packets - 1998/08/10 - Laserfiche WebLink

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Mounds View Planning Commission June 17, 1998 Special Meeting Page 3 movement. The City Engineer and Rice Creek Watershed have given the project their approval. The PUD requires a minimum of 89 parking stalls. The plan as proposed shows 123 parking stalls: 25 stalls in the front of the building (four being handicap accessible) and 78 parking stalls inside the building. The exterior parking significantly encroaches into the required front setback of the property. The approved setback is 30 feet. The plans show the parking lot at 10 feet. The buildingitself encroaches four feet into the approved 27-foot setback, which has necessitated the PUD amendment. Item 5 of the PUD document would need to be revised to show a 23-foot building setback. No changes were proposed or needed in regards to utilities. The Fire Marshal has reviewed the revised plans and has indicated that a fire hydrant will need to be installed on the east side of Silver Lake Road. The landscape plan is acceptable with one exception: City Forester Wriskey has recommended substituting Red Splendor Crab trees for the Radiant Crabs, which are susceptible to disease in the summer months. The only change in regards to building access has been the elimination of access by an internal private driveway. The lighting plan, as submitted, is in compliance with City Code. The light stand height is 15 feet and the foot candles fall within the required range. A stipulation will need to be added to the site plan resolution, No. 553-98, requiring the addition of the recommended fire hydrant. The Commission was charged with deciding if the proposed setbacks were acceptable. Specifically to review if more spacing between the property lines and the parking lot was needed. Staff is recommending approval of Resolution Nos. 552-98 and 553-98. Dick Hanson, Realife of Mounds View Inc., gave his presentation as follows: Realife Inc., has been developing senior cooperative housing since 1978. They currently have developments in Edina, Burnsville, Eden Prairie, and Brooklyn Park. All buildings are operated under the same cooperative ownership approach. A senior, 62 and over, buys a share of the cooperative for a predetermined amount of money. The share entitles the owner apartment rental privileges, property tax benefits, and mortgage interest benefits just as they would in conventional home ownership. 'A management consultant, usually Realife Inc., is hired to help run the day-to-day operations of the facility. The rent from the apartments goes to cover the building mortgage, maintenance funds, and property tax fund. A board of directors is established from within the residents to oversee the management of the building. Only the board of directors can authorize an increase in the rental fees. Hanson stated, "Historically, rent increases have been held to a