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1 BOARD OF REVIEW <br /> 2 APRIL 14 , 1992 <br /> 3 PAGE 4 <br /> 4 <br /> 5 <br /> 6 property. Mr . Holton felt this would not be beneficial <br /> 7 and is not requesting another reviewal . <br /> 8 <br /> 9 Busitzky felt reviewing the new documents with Mr. Holton <br /> 10 may be helpful . <br /> 11 <br /> 12 Mr . Holton suggested that there : also be a reduction <br /> 13 because of the location of the home. Busitzky advised <br /> 14 that a three percent credit was given for location . This <br /> 15 percentage is the usual allowance. <br /> 16 <br /> 17 Motion by Marks , second by Fleming to direct Busitzky to <br /> 18 meet with Mr. Holton to view his documentation and return <br /> 19 a recommendation to the City Council . <br /> 20 <br /> 21 <br /> 22 Motion carried unanimously <br /> 23 <br /> 24 <br /> 25 f . Sandra Nephew-Rose - 2709 St . Anthony Boulevard <br /> 26 <br /> 27 Ms . Nephew-Rose has owned her home for one year. When she <br /> 28 purchased the home, she was advised by the realtor that <br /> 29 the water problems which had been experienced in her <br /> 30 neighborhood were being solved by the City. She has since <br /> 31 been made aware that this may not be the case. <br /> 32 <br /> 33 The City Manager advised her that there is a May 5th <br /> 34 _meeting scheduled where the water problems and possible <br /> 35 solutions will be' discussed. He noted that the City <br /> 36 Council has not made any decisions regarding this <br /> 37 situation, but -has been given four solutions to consider. <br /> 38 He stated that the four solutions range from a very <br /> 39 expensive improvement to doing nothing. <br /> 40 <br /> 41 The May 5th meeting will address options. to reduce the <br /> 42 risk of flooding. The City Manager suggested he meet with <br /> 43 Ms . Nephew-Rose to review all of the options . <br /> 44 <br /> 45 Mayor Ranallo encouraged her to attend the May 5th <br /> 46 meeting. He noted that _designating a "flood plane" 'in her <br /> 47 neighborhood will be a consideration, but there have been <br /> 48 some serious concerns with taking this action as it would <br /> 49 lower property values . <br /> 50 <br /> 51 The City Manager observed that the remarks made by Ms .* <br /> 52 Nephew-Rose ' s realtor were made. before the City had <br /> 53 received the study done by Barr Engineering regarding the <br /> 54 flooding. <br />