PL MINUTES 02191985 - Laserfiche WebLink

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-11- 1 Mr. Yurick said they would be sending a letter -out the next- day and indicated the • 2 developers primary concern was their buyers because "we can 't afford to lose them". 3 4 Commissioner Wagner told Mr. Yurick and Mr. Tushie he had liked the design of the 5 first building much better, and although he knows it isn't so, thinks the new 6 design looks more dense with the removal .of the lofts. Commissioner Hansen indicated 7 he considered the new design to be a poor substitute for the one which had ori- fi ginally been approved. 9 10 Motion by Commissioner Bowerman and seconded by Commissioner Wagner to recommend 11 the City Council accept the Modification to the Kenzie Terrace Development Concept 12 Plan, .dated February 8, 1985, consisting of two pages, a title page and a site 13 development plan, with the majorchange being that the units in the Phase I 14 building had been increased to 150 units with a corresponding reduction in the 15 units for Phase II and III so that the project total remains at 495 units of 16 housing, finding that: 17 18 1 . Significant information pertaining to the new proposal had been provided by 19 the proponents and no one expressed opposition to it during the Commission 20 hearing or to staff prior to the hearing; 21 22 2. The project is contained in a Planned Unit Development in area designated for 23 significant redevelopment in the City's Comprehensive Plan; and 24 25 3. The P.U.D. process allows the City and staff to give 'constant attention to the 26 development process. 27 28 Motion carried unanimously. 29 30 Motion by Commissioner Wagner and seconded by Commissioner Bowerman to recommend 31 the Council accept the Modified Detail Plan and Final Plan for Phase I of the 32 Kenzie Terrace Redevelopment Project, dated February 8, 1985, and contained in the 33 set of drawings presented by the redevelopers, including the amendments listed 34 in the notice of the Commission hearing published February 5, 1985, as follows: 35 36 a Increasei,fr-om =134 to 150 the .maxmum .number of units allowed in the development; 37 - - - 38 b. Allow complete enclosure of both levels of underground parking (previous plans 39 called for one level to be enclosed and one level to be unenclosed) ; 40 41 c. Allow increase of 2 enclosed parking spaces and an increase of 4 exterior 42 parking spaces; 43 44 d. Allow increase in height of the building from 49 feet to 50 feet 6 inches to 45 the bottom edge of the mansard roof. Height to roof peak would decrease from 46 previously approved maximum of 64 feet to approximately 56 feet; 47 48 'e. Allow conversion of the loft units above the fourth floor to a fifth floor, 49 thus allowing an additional 16 units in the total building design. 50 51 The Commission also recommends the Council accept the recommendations of staff that • 52 the 2% construction bond required in Section 13, Subdivision 7.6 of the Zoning 53 Ordinance be waived since the H.R.A. has a $400,000 Letter of Credit to assure 54 compliance with the City requirements. 55