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Page 5 <br /> 57 , <br /> May 12, 1997 w �`' �� z, ��'� � <br /> '+f,, a xs 4n <br /> Mounds View City Council <br /> 1 Wendell Smith,Real Estate Consultant and Representative for Anthony Properties,presented diagrams of the <br /> 2 proposed development,showing the progression that had been made since their first proposal. The changes <br /> 3 were largely based on input from the surrounding neighborhood after a number of neighborhood meetings. He <br /> 4 provided information on the types of buffering that would be used,the style of the proposed office buildings, <br /> 5 etc. He noted that the office buildings would be of a residential type with residential rooflines and windows to <br /> 6 provide a nice transition from the residential area to the commercial. <br /> 7 <br /> 8 Mr. Smith noted that the office project has not been marketed yet,and that the marketing will dictate the timing <br /> 9 of the completion. The proposed offices are of the type that many desire and he does not feel there will be any <br /> 10 problems developing them within the next two years. Fifty percent of the buildings will need to be pre-leased <br /> 11 before they are able to obtain financing. <br /> 12 <br /> 13 The developer has already begun preliminary marketing for the restaurant sites,however they do not have the <br /> 14 re-zoning approved. Once approval has been granted for the re-zoning,they will work actively to lease the <br /> 15 restaurant space. <br /> 16 <br /> 17 David Jahnke,8428 Eastwood Road,stated if the rezoning of the property does not get approved,another <br /> 18 developer could come in and comply with the existing zoning and the city would not have much to say about <br /> 19 what is developed on the site. He noted that the developers have been receptive to input from neighboring <br /> 20 residents and have made changes based on that input. He feels the council needs to seriously consider the <br /> 411 21 proposal,or be faced with alternatives that may not be favorable. <br /> 22 <br /> 23 Tom Ernstor,2504 County Road 112,explained that the developer has worked with the people who will be <br /> 24 most affected and offered them the option for a buy-out. He,as a resident,would like to see controls put in at <br /> 25 the Highway 10 intersection and offered to provide support on behalf of the city to MNDOT for this proposal. <br /> 26 <br /> 27 Resident,2683 Lake Court Circle,stated he is opposed to the development,primarily because of the increase <br /> 28 in traffic. He is also concerned about the article printed in last week's paper which indicated that the <br /> 29 property is being developed. He feels many people did not attend the Public Hearing as they understood that <br /> 30 the project had already been approved. <br /> 31 <br /> 32 Joe Beaten,representing Mrs.O'Neil,explained that under the existing zoning,a developer could construct a <br /> 33 approximately 45 townhouse units or duplexes on the proposed office building site. This would create <br /> 34 considerably more traffic than the proposed development. <br /> 35 <br /> 36 Russell Nordstrom,2536 W.County Road H-2,stated he has been working with the developers to get a <br /> 37 favorable development across from his property. He feels the proposed office buildings will provide a nice <br /> 38 transition from residential to business. He would also like to see a signal light at the Highway 10 intersection. <br /> 39 He noted that the developers have been good about working with the residents to get their input and all of this <br /> 40 has contributed toward changing his opinion of the project. He no longer is opposed. <br /> 41 <br /> 42 With no further input,Mayor McCarty closed the Public Hearing at 10:15 p.m. <br /> 43 <br /> 44 Consideration of Resolution No,5104,Adopting a Comprehensive Plan Amendment from Medium <br /> 45 Density Residential to Mixed Use PUD for Commercial Uses on the O'Neil Property,2430 Highway 10. <br /> . 46 <br /> 47 (Note change to language in Resolution No. 5104,as noted previously.) <br /> 48 <br />