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' ' <br /> . . <br /> , <br /> — <br /> • <br /> February 9, 1994 <br /> City of Mounds View and <br /> Ramsey County Community and Economic Development <br /> RE Proposal for Ramsey County Community Development <br /> Block Grant. Project Narrative. <br /> Michael P. Kinyon owns ten double bungalows at 5308-5382 <br /> Raymond Ave. Mounds View, MN 55112. These buildings were <br /> built over a few years starting in 1965/66. Mr. Kinyon has <br /> kept the buildings in good repair, but it is increasingly . <br /> expensive to do that. . <br /> What we are proposing is to substantially rehabilitate our <br /> oldest building and provide lower heat costs and a garage to <br /> two low/moderate income households, while still remaining <br /> under the LMI/Fair Market rent amount for 1 BR units. <br /> Many of the items we would like to accomplish are intertwined <br /> because much of the work (and expense) would be duplicated if <br /> these projects were done separately. We would like to add 2 <br /> attached single garage units to our building at 5308/12 <br /> � Raymond Ave. Mounds View, MN. While we are doing that, we <br /> would like to install new vinyl siding, new front windows, a <br /> new roof, and concrete driveways. We would also like to <br /> install new furnaces in these two units. Our priorities are <br /> . that we would like to do all of the related work if we can <br /> :::' get this special loan. If funding is not available for the <br /> larger project, we would be interested in funding for the <br /> furnaces only. <br /> We feel that beside the benefits to the residents of this <br /> building, the area will benefit from our caretaker 's supplies <br /> ( ladders, paint planks, wheelbarrows, etc. ) being stored <br /> inside rather than leaning against the building, and of <br /> course the building will look better. This project will also <br /> help us determine the best procedure for future projects on <br /> our other 9 buildings. <br /> P.' Sincerely,.ji1' <br /> - <br /> / <br /> f - :/2- ,L <br /> �c���^- -/ y �� ' <br /> �� <br /> Robert J. Yentsc.., Mgr. <br /> Kinyon Properties <br />