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1 reported his company's=;.experience in New Hope had -been .that . it <br /> 2 took twice as long as .expected to- absorb . those seniors ;.: . <br /> 3 .. the company would be facing ,the. same .problem in Coon Rapids <br /> 4 where it will be interesting-.to watch how many single family <br /> 5 homeowners can be persuaded to move into apartments ; <br /> 6 said he doubted whether they - would be able to get someone <br /> 7 who' s currently living in a -St. - Anthony apartment to move to <br /> 8 the new apartments because the jumps. in rents would .probably . <br /> 9 be too high; (expected the amenities and location as well as <br /> -.10 the availability of- transit would be tempting but perceived <br /> 11 most people over 55 have already set- their budgets and it <br /> 12 would probably be difficult to get them .to move up) . <br /> 13 Mr. Brewer concluded by telling the .H.R.A. Lang-Nelson wanted to do <br /> 14 the City' s project very much because it thinks it would be very <br /> 15 successful. He said they like the community and -wanted to .become <br /> 16 part of it. The developer also assured _the H.R.A. members .that <br /> 17 once his company had made a' decision to go ahead with the develop- <br /> 18 ment, they would finish it. <br /> 19 MEETING RECESSED <br /> 20 The Housing and Redevelopment Authority meeting was recessed at <br /> •21 7 : 20 P.M. for the City Council' s interview of an applicant to - fill <br /> 22 the vacancy on the Eastside Hennepin County Human Services. Commit- <br /> 23 tee and the Council meeting which followed at. 7 : 30 P.M. <br /> 24 The H.R.A. meeting was reconvened at 9: 00 P.M. with Alan Hamel of <br /> 25 the Gaughan Company present to discuss his company' s proposal to do <br /> 26 Phase III . <br /> 27 All H.R.A. members, as well as -Messrs. Childs, Soth, and Krier were <br /> 28 again in attendance for that presentation, which followed the <br /> 29 approval of the August 25th H.R.A. minutes and claims listed in the <br /> 30 agenda for that meeting. <br /> 31 AUGUST 25 , 1987 H.R.A. MINUTES <br /> 32 Motion by Makowske, seconded by Enrooth to .approve the above with <br /> 33 the following change: <br /> 34 Page 2 , line 38 : Substitute "his" for "he" at beginning of <br /> 35 sentence. <br /> 36 Motion carried unanimously. <br /> 37 CLAIMS <br /> • <br /> 7 <br />