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Planning Commission Regular Meeting Minutes • May 16, 1995 Page 2 1 A. Bruce Nedegaard, for XXXX Fordham Drive, rezoning. 2 At 7:07 P.M. Chair Bergstrom opened the public hearing for a site rezoning for XXXX Fordham 3 Drive. 4 Management Assistant Kim Moore-Sykes explained Nedegaard Construction Company, Inc. has 5 submitted a petition for rezoning of a parcel of land known heretofore as Mounds View Acres, 6 Second Addition, from R-1, Single Family District to R-2, Two Family District. Mr. Bruce 7 Nedegaard, owner of Nedegaard Construction, Inc. has acquired the back portion of 4001 8 Fordham Drive, and the vacant lots behind 3929 Fordham Drive, 3921 Fordham Drive and a 9 portion of the vacant lot behind 3917 Fordham Drive in order to construct a proposed twin 10 homes project that will be southwest of the Evergreen Townhomes. 11 Moore-Sykes indicated by allowing the rezoning of this parcel of land, Mr.Nedegaard's project 12 will benefit the City in a number of ways. Rezoning this area will allow development of these 13 vacant lots; the proposed project will increase the tax base of the City; and will provide alternate 14 living options for those people who no longer want to live in a single family residence or for 15 those who are first time home buyers. 06 Moore-Sykes stated staff recommends the approval of the rezoning of this R-1 zoned parcel to an 17 R-2 zoned parcel. 18 Commissioner Franzese asked, if in order to replat, does the entire parcel including the site of the 19 two single family homes. Moore-Sykes indicated Lots#15 and#16 will continue to be zoned R- 20 1, Single Family, only the property with the proposed townhomes would be rezoned. 21 Mr. David Newman, Vice-President Nedegaard Construction, reviewed the site and indicated the 22 request for rezoning is for only fourteen lots. He indicated each unit will be approximately 1400 23 square feet with a cost of approximately $130,000 and up. 24 Mr.Newman indicate there is a proposed storm retention pond on the northeast portion of the lot. 25 He noted the requirement for filing application with Rice Creek Watershed District is in process 26 and the district is scheduled to review the application the following week. 27 Mr. Newman indicated the applicant is also requesting Tax Increment Financing from the City. 28 Mr. Newman noted the covenants are similar to those presented with Evergreen. 29 Commissioner Franzese indicated she had met with a resident of Evergreen and noted their 30 concerns regarding Evergreen. The resident's concerns were: inefficient parking and inefficient •1 green space. Commissioner Franzese asked if those issues are addressed with this project.