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-6- of the G & G Body Shop, and $.25,000 for staff administration, or a. • total of $150,000 ' to be' picked. up by the City through tax increment financing. This amount -reflected.--a $19,_9:15 yield-.in taxes--from the 38 _one-bedroom units he estimated ,to be worth- $4.9,0.0.0 ..-per, unit and $13, 205 .from the 16 two-bedroom_.units worth $59 ,500 .each'. The Manager said the $6,000 in taxes the City now realizes :from that same property had not been considered in these figures. He also saw some problems with respect to variances being required- by City ordi- nance, since there may be. inadequate setbacks. .result.ing from the creation of the new zero .lot line between the two -buildings, and this problem would have to be resolved before any definite commitment to the project is given by the City to HUD. Councilman. Sundland saw only 13 parking spaces for the rental units. Councilman Ranallo agreed with Mayor Haik there were just too many questions about the new proposal for the Council to support a formal resolution of sup- port to be sent to HUD. ' He was also reluctant to support a whole new concept when the residents have not been informed that this proposal involves -cooperative apartments which were not part of the proposal on which the previous hearings -had--been held. - The Mayor wanted assurances that after the control of , the apartments had passed from the corporation to an owner association, - that body might decide not to change the apartments from exclusively senior housing to family residences so the owners might -pass on ownership to their children. Archie Fjeld saw HUD as firmly committed to this type of housing • for this particular area and felt that, -rather than a commitment from the City to any particular type of .housing, an. indication in letter form of acceptance of--the concept of senior housing for St. Anthony should be sufficient .to permit the senior corporation to meet the March 31 application deadline for seeking .HUD .financing. - Carroll Peterson, another board member, urged the 'Council to provide the necessary documentation of approval saying he saw this new pro- posal as perhaps a better one for St. Anthony since this will pro- vide more affordable housing for more- people than -the first and will open more single housing for young families when the seniors are able to find acceptable housing within the community.. , ' Councilman Marks- .said the senior corporation -had experienced a greater disappointment than.-:-the City when the court ruling-.pro- hibited their first proposal from .materializing, ,and he believed they should be commended for continuing their efforts, to :provide an acceptable type of senior housing for the City, and that the Council should cooperate in providing the mechanisms by which -the concept can be realized. Councilman Letourneau was skeptical that an acceptable proposal could be developed within the time limitations- and said he would "vote against any attempt to rush through another proposal. " How- ever, when. it was agreed that. no specific concept was -being -ap- proved and the corporation board members agreed -to- provide a specific proposal to which a committee comprised of City staff .and represen- tation from both the. Council and Planning Commission can react in advance of any public hearing, he joined -the others in -approving a . letter of support of the senior housing concept for the City which can be sent to HUD.