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-4- <br /> Mr. Berg's December 7th assessment of the request which had been provided <br /> � in the agenda. <br /> Motion by Mr. Sopcinski and seconded by Mr. Bjorklund to recommend <br /> Council approval of signage proposed for Red Owl in the drawings dated <br /> November 29 , 1979 finding that the signage proposed for the store is <br /> only 50% of that previously on the building which was also in non con- <br /> formance with the existing City Sign Ordinance and the proposed signage <br /> compliments the exterior redesigning of the building and gives balance <br /> to the building and the sign size. <br /> Motion carried unanimously. <br /> Mr. Ruvelson then presented the proposed new signage for the Sibley <br /> Store at Apache which had been ordered to be presented in January for <br /> Council approval. Commission members indicated they were pleased with <br /> the proposed signage which they saw as an improvement over the signage <br /> allowed temporarily on that building and that they would report to <br /> the Council on the progress and timetable. <br /> The meeting was recessed at 9 :40 P.M. and reconvened at 9 : 50 P.M. for <br /> concept review of the senior housing site plans for the property between <br /> the American Legion building and the Lowry Mobile Home Manor on Kenzie <br /> Terrace. Presenting the plans and discussing the actions necessary <br /> to permit a four story building for the elderly consisting of 134 <br /> units were Archie Fjeld 2831 Johnson Street N.E. , representing the <br /> • non profit development corporation who are backing the proposed <br /> development and Jack Boarman of Boarman Architects who had drawn up the <br /> plans for the project. Mr. Fjeld told of the 13 member board repres- <br /> enting the consortium of N.E. churches who are seeking the financing <br /> for this project to aid the elderly and introduced another board member, <br /> Martin Fredrick whose home is directly behind the site at 2604 - 27th <br /> Avenue N.E. Mr. Fjeld discussed the possibility of tax increment <br /> financing of the project through the City though he said other funding <br /> is very possible. He added that only a 134 unit structure would be <br /> economically feasible. <br /> Mr. Boarman who said he had been selected by this board to prepare the <br /> drawings for the project because of his experience with a similar <br /> development supported by the Trinity Lutheran Church said there are <br /> approximately 95,000 square feet involved for the four story building <br /> and the site includes the G & G Body Shop property. The building <br /> will be about 40 feet high and apparently meet the setback requirements <br /> of the City Ordinance. However, as pointed out in Mr. Berg' s December <br /> 7th assessment of the proposal, the zoning will have to be changed <br /> from its existing R-1 to R-4 classification and variances to permit <br /> a four story 40 feet high building to be built where only three stories <br /> or 35 foot high building are allowed. Other components of the plan <br /> which exceed ordinance regulations are the floor area ratio (1.18 vs. <br /> 1. 00) , area density (46 units vs. 134 units) , and parking space prov- <br /> ision (43 vs. 65) . Also a screening landscaping plan will have to <br /> • be submitted and approved. <br />