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Mayor Rustad commented on his desire to see an orderly meeting. He stated
that all persons would be recognized. He then called for all petitions for
or against the rezoning to be presented to the Council.
Norman Chervany, 2595 Woodcrest, presented a petition with approximately
540 names against the rezoning.
Parcel #1 - #59- 0070 - 010 -80, #59 -0070- 010 -81 and #59- 0070 - 010 -84
Perry Copeland, the attorney representing the developers, then proceeded to
make his presentation. He stated he was representing Red Oak Estates which
consisted of Anthony Holchuh, Thomas Swanson, Keith Karstad and White Oak
Builders. The area to be rezoned approximately 74 acres. Fifteen typical
blocks at present to be developed. The area could contain a potential 230
to 240 single family homes.
Initially the developers wish to construct approximately six complexes,
four 30 unit buildings to a complex, with a buffer zone of 120 feet to
be constructed on the West edge of the property. This buffer zone will
contain a five foot mound and hedge. To buffer the South, single family
residences would be provided.
Relative height of homes versus apartment buildings was discussed by Mr.
Copeland. He stated a 2 1/2 story building is 23 feet high. A rambler
typically 16 feet high. A 1 1/2 story building typically 22 feet high.
These buildings would be 23 feet high approximately. One bedroom units
would have a square foot living area of 795 square feet. Two bedroom
would have either 965 square feet of 1,025 square feet. There would be
indoor pools, security system, saunas and barbecues provided. Proposal
initially would contain 680 proposed units.
Expected tax revenues were discussed. Mr. Copeland cited a survey taken
in New Brighton recently of twenty sights. Apartment survey found
approximately 2.3 persons per unit. It was found that there were
approximately 16 school age children for each 100 units. Mr. Copeland
then said the cost for each complex of four 30 unit buildings would be
$1,850,000.00. Total cost of the initial project would be approximately
$10,000,000.00. In 1968 Mounds View levied $39,200.00 in Village taxes.
The new complex would produce school taxes of $333,200.00 per year.
Total taxes of over $466,000.00 per year. Estimated cost of educating
one student was $500.00 in 1966. Estimated cost of educating 109
children fromtthe New Brighton survey would be $65,500.00, 1/5 of what
would be paid in school taxes.
Mr. Copeland also presented a letter from the Engineer stating the water
and sewer was available. Mr. Copeland then mentioned the savings on
billings and streets by constructing multiple dwellings versus single
family homes. Mr. Copeland stated that connection charges on sewer alone
would be over $136,000.00. The complex would produce approximately
$6,500.00 more in sales tax revenue. Financing is now available from
North American Life Insurance Company. Construction would like to be
started in the spring or early summer of 1969.