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Mounds View Planning Commission June 17, 1998 <br /> Special Meeting Page 4 • <br /> minimum because the building owners are the renters." <br /> The loan for the building is HUD guaranteed. Before HUD will e t e project, <br /> the development must be 90 percent presold. • <br /> Of the proposed development's 77 units, 36 two b a som ap. _ ve a share <br /> cost from $17,500 to $22,000. The monthly ren .n these 3 Tnits ` s' om -co <br /> a month to $580 a month. The rent covers all e •,t!ses ex t telephon • fi`. d <br /> cable. There is a cooperative owned mini-bus t• � & the transportatre ifiTtzs of the <br /> residents. There are three 1550 square foot apart .;•-,10,14:ffit,will rent for$995 with a share <br /> cost of$36,000. No rental rate or share fee was 43 =`4:toqi;firemaining 38 one-bedroom <br /> apartments. qtr y `w. <br /> There are four laundry rooms per floor, 4 �:ng two ' s and two dryers. The <br /> use of the laundry rooms is included • , fee floor has a storage <br /> room. The common space availabl ough•" 8 ; a ''•tals more that 25,000 <br /> square feet. These common spa; includ •rare ,; 'room (food service at the <br /> option of the residents), gam- $+ms, m�4=`. rooms . ' rooms, and a shop in the <br /> basement. <br /> Commissioner Bra • m expres u . 'out the building and parking lot <br /> en. • setbac <br /> �' g on the • e -i n <br /> � <br /> M . o_ tated t'" _� 8 the parking, as shown, had more than the required <br /> �,. _ � � P � wn, q . <br /> numbe . stalls, ,,ese parking stalls could be removed to bring the <br /> buildin• 8ff = e with -.N'etback regulations. <br /> AN• <br /> WN -0-. <br /> 4=+ •aa =a- •• -• •• t -solution No. 552 98 be revised by deleting the <br /> Reference to a 100 ,arcking lot setback and recommended that Resolution No. 553-98 <br /> • be revised to re ` edthe applicant to update the site plans to show a 30-foot parking lot <br /> setback, the addtn of a fire hydrant on the east side of Silver Lake Road and to show on <br /> the east sidec Silver Lake Road and to show the NURP pond not encroaching into the <br /> ;i "_. etland.ar <br /> • <br /> • 0$` i •: Brasaemle/Obert to approve Resolution No.552-98, as amended, a resolution <br /> recommending to the City Council approval of a PUD amendment as requested by Realife <br /> Cooperative of Mounds View, Inc.; Planning Case 530-98. <br /> Ayes - 5 Nays - 0 • <br />