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Realife Cooperative of Mounds View <br /> PUD Amendment&Development Review <br /> June 17, 1998 • <br /> Page 2 <br /> This cooperative housing arrangement, according to the applicant's narrative, offers people 62 <br /> years and older a housing alternative that is becoming increasingly popular. The residents own <br /> and operate the development through a non-profit cooperative corporation. The cooperative <br /> approach to housing has been successful because it offers a housing alternative similar to <br /> continuing home ownership. <br /> Discussion: <br /> PUD Amendment: <br /> The PUD document for the approved Silverview Estates will need minor changes to allow for the <br /> third party developer--Realife Cooperative of Mounds View--to develop the senior residential <br /> component of the PUD as presented in the plans dated 5/31/98. These changes are as follows: <br /> Item 5. On Page 3 of 11, the setback for the building on Lot 4 (the senior residential <br /> building) would be reduced from 27 feet to 23 feet to account for the reconfigured <br /> building. While not stated in the PUD, this reduced setback would only apply to the <br /> building's north corner as Silver Lake Road curves to meet Highway 10. All other parts <br /> of the building meet the 30 foot setback. An additional footnote would need to be added • <br /> to allow for parking within ten feet of the property line. <br /> Item 23. Beginning on Page 9 of 11, the names of the owners of record are listed. To <br /> this list shall be added.Realife Cooperative of Mounds View. A notary block shall also be <br /> added for Realife Cooperative and its appropriate person of representation. <br /> The changes to the PUD will appear as an attachment to the already-approved PUD document, <br /> signed and notarized by all parties public and private having an interest in the Silverview Estates <br /> development. <br /> Development Review: <br /> This type of use, a senior residential facility, is allowed on this lot according to the adopted PUD <br /> for Silverview Estates. Because the building will be significantly different from what was <br /> originally proposed, the plans will need to be reapproved. <br /> Dimensional Requirements: <br /> Required Proposed Met? <br /> Building Height: < 48 feet 45 feet Yes <br /> Building Setbacks <br /> • Front (Silver Lake Rd): 27 feet 23 feet No • <br /> • Side (Holiday) 15 feet 24 feet Yes <br /> Parking Lot Setbacks <br /> • Front (Silver Lake Rd): 30 feet 10 feet No <br />