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CC PACKET 03011983
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CC PACKET 03011983
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12/30/2015 3:49:20 PM
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12/30/2015 3:49:14 PM
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SP Box #
16
SP Folder Name
CC PACKETS 1981-1984 & 1987
SP Name
CC PACKET 03011983
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-2- <br /> consider the project could be successfully undertaken and the mix of <br /> market rate and subsidized senior housing , which would be included in <br /> the 400 to '425 units the Knutson Company proposes to develop in three <br /> stages , starting with the 125 units to be built in the next building <br /> season on the north side of the Kenzie Terrace site. <br /> The formal presentation was completed at 6 : 30 P .M. and at that time the <br /> developer was presented with a written list of questions about their <br /> proposal which they responded to until 6 : 54 P.M. , at which time the <br /> meeting was recessed. <br /> The presentation and responses to the questions were taped and trans- <br /> cribed for permanent record as was the interview and questioning of the <br /> second firm whose presentation was given at 7 :15 P.M. , following the <br /> recess . <br /> When the meeting was resumed at 7 :15 P.M. , the Chairman read the same <br /> prepared statement which had preceded the Knutson presentation and at <br /> 7 : 20 P.M. , the second team of developerspresented their proposal for <br /> the redevelopment project. <br /> Stephen Yurick of the Arkell Development Company told the H .R.A. mem- <br /> bers his firm would enter into a joint venture with Kraus-Anderson , <br /> Rothschild Financial Corporation, and Saunders-Thalden & Associates , <br /> Inc. , architects , to develop approximately 495 market rate and sub- <br /> sidized senior housing units in the Kenzie Terrace area in three stages , <br /> the first of which would be 135 units of market rate housing to be <br /> • constructed within a year on the northern project site . <br /> Mr. Yurick introduced the representatives of the other team firms who <br /> were in attendance , including Gary Tushie of Saunders-Thalden; Gary <br /> Gustafson and Rich Kirschberg of Rothschild; and Jack Sleddin , Dan <br /> Egglesma and Vince Kaufman of Kraus-Anderson. They joined in with the <br /> developer in discussing the various facets of their proposal and when <br /> the formal presentation was completed at 7 : 50 P .M. , joined with Mr. <br /> Yurick in responding to a list of questions which covered the II. R.A. ' s <br /> concerns about the financing options , should 202 funding not be . <br /> available for the second phase; their reaction to the Developers Con- <br /> tract; their ability to develop the entire project and whether or not <br /> they foresaw difficulties in meeting the design guidelines set down <br /> for the project. <br /> The question period ended at 8 : 10 P.M. , at which time the meeting was <br /> recessed until 3 : 29 P.M. <br /> Motion by Commissioner Ranallo and seconded by Commissioner Enrooth to <br /> adjourn the Housing and Redevelopment Authority at 8 : 30 P .M. <br /> Motion carried unanimously . <br /> Respectfully submitted, <br /> Helen Crowe, Secretary <br />
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