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-2- <br /> Mr. Tushie said two non-profit organizations had indicated an interest S <br /> in sponsoring the 202 building. Augustana Homes , who had sponsored a <br /> similar building for Phase I , which the Mayor had said had failed to <br /> obtain 202 funding, partially because of Augustana's lack of 202 <br /> - experience,, had indicated -they would like to be reconsidered for the <br /> project since they have done 202 work since that time. Walker Homes , <br /> who, the architect said, are constructing a large project on 37th and <br /> Bryant which would provide health and medical care for the elderly , <br /> had also requested to be considered for the senior apartments , and, <br /> Mr. Tushie told the II.R.A. members , both agencies understand that <br /> they would have to pick up . the differences in costs to develop the <br /> project with 202 funding and to provide the first class building which <br /> would be expected in St. Anthony. <br /> The Mayor and Councilmen Ranallo and Marks would be in Washington, D.C. <br /> the following week where they would attend the National League of <br /> Cities Conference and meet with H.U.D. officials to lobby for the <br /> project. Mr. Tushie agreed to provide the newest colored renderings <br /> of the Kenzie Terrace Project as well as plans for the proposed <br /> senior buildings drawn to meet the criteria set by H.U.D. for that <br /> meeting. <br /> Mr. Arkell gave Ms. Gammel's background and experience which the <br /> developer perceives made her such an asset for marketing the Kenzie <br /> Terrace Project. She indicated the "3.00 walk-throughs" reported by <br /> Mr. Arkell for the open house weekend for the model had actually been <br /> "300 buying entities" and that the interest momentum had been retained <br /> ever since. . By listening very carefully to the prospective buyers , <br /> the Marketing Di-rector indicated the redevelopers had been able to <br /> convert those buyers ' desires into a redesigning of one end of the <br /> building into 12 one bedroom-den units which would provide easier <br /> adjustment and more elbow room than one-bedroom units would for the <br /> first-time condominium buyers who are making a difficult move from <br /> larger, - single: family .-homes:. Kenzington is quite, unique , Ms.. Gammel <br /> said, in that there are 22 different unit designs available to the <br /> buyers . She affirmed that with the changes , the total number of units <br /> in the building had been reduced from 134 to 128. <br /> Mr. Tushie indicated Arkell is close to a trade-in policy which would <br /> allow the developers to at least break even, but would, naturally, <br /> not be implemented until the construction is started on the project. <br /> When H.R.A. members indicated their willingness to help promote sales , <br /> Mr. Arkell told them anything they could do to convince prospective <br /> buyers that selling their homes and moving into a condominium would <br /> be acceptable, would be most helpful. The suggestion that the <br /> Community section of the Star might be utilized for that purpose was <br /> considered a good one and Ms: Gammel indicated the human interest <br /> angle might be developed by using -the promotional tapes she had made <br /> which feature local buyers of condominium units reinforcing the <br /> validity of 'making the big- move" <br /> Motion by Vice Chairman Enrooth �and seconded by. 'Commissioner Ranallo • <br /> to authorize staff to enter into negotiations with -the Arkand Part- <br /> nership -.for •a 90 day extension of the redevelopers contract with them. <br /> Motion carried unanimously. <br />