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PL PACKET 09151987
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PL PACKET 09151987
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Last modified
12/30/2015 3:35:52 PM
Creation date
12/30/2015 3:35:39 PM
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SP Box #
15
SP Folder Name
PL PACKETS 1987
SP Name
PL PACKET 09151987
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• 1 would-have to create a : security system with television in the <br /> 2 garage - area to keep someone -from-.sneaking in when a -car-.enters <br /> 3 that area; <br /> 4 recognized security was a main concern of mature adult.s ,and <br /> 5 would_.do as much as possible to prevent anyone from breaking <br /> 6 in; <br /> 7 same system would be provided to create a secure environment <br /> 8 for residents of both buildings ; <br /> 9 lighting -around the buildings would also provide a feeling of <br /> 10 security. <br /> 11 Building Management <br /> 12 Mr. Hamel indicated larger part of Gaughan business and staff- <br /> 13 ing is' 'devoted to management of 1 , 400 units they own or <br /> 14 manage; <br /> 15 this type of activity is one the firm wants to remain with <br /> 16 because it provides year in and year out revenues and stable <br /> 17 incomes where construction normally goes in fits and starts; <br /> 18 staffing (other than bringing in specialties like under- <br /> •19 writers , -bond issuers and bankers and training the rest of the <br /> 20 development team) is pretty much in-house with their own <br /> 21 people ; <br /> 22 pointed out that, other than the new development in Downtown <br /> 23 Minneapolis , Gaughan has a -vacancy rate of under .l% in . terms <br /> 24 -of keeping the buildings filled which .should be an indication <br /> 25 that they do a good management job; <br /> 26 told Councilmember Ranallo each building would have its own <br /> 27 resident manager- and 3 caretakers who would work under that <br /> 28 person. The resident manager would take care of rent col- <br /> 29 lections and would be responsible for the day to day manage- <br /> 30 ment activities within the building; <br /> 31 the resident manager in the senior building- would provide some <br /> 32 different types of programming and activity direction which <br /> 33 might not be necessary for the other building; <br /> 34 management persons -.of-higher -calibre-.would be sought for -the <br /> 35 senior building and:' they would necessarily be, paid more to <br /> 36 match those higher activities; <br /> 37 the resident managers .would take applications from the pro- <br /> - 38 spective residents but the credit and reference checks would <br /> 39, be ' done in the main office where a .computer terminal is dir- <br /> 040 ectly:,.connected to a Credit Scan system; <br /> 13 <br />
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