HRA MINUTES 02081983 - Laserfiche WebLink

Home Browse Search

-10 - Soliciting the assistance of the churches, soliciting the assistance of other community organizations that can pass the word and tell of the availability of this type of housing to other members of the St. Anthony community. As we would proceed into phase 2 and phase 3, we would get into the more conventional types of promotions, such as advertising in the newspapers, radios, and billboards. As is very common in this particular end of the real estate business, referals are a very strong part of the sales market and we're no exception to subscribing to that principle. We'd like to encourage referals when- ever possible and will make every effort to do so. Steve Yurick Item °iiave you read the contract for private redeveloper's agree- ment and do you agree or disagree with all of the items?" There are some items that, rather than say disagree with, I would say we would like to approach the HRA to negotiate on. Those items being, the amount of the letter of credit, depending on the proposed take down of the plan; the handling of the demolition costs on the existing commercial site. Steve Yurick Item 9, °how long is your offer open, when would you be willing to enter into the redeveloper's agreement?" We would like to enter into the redeveloper's agreement just as soon as we can. If we are selected, we would sit down and negotiate it post haste. The sooner the better and everybody will really know where they stand. As far as how long our offer is open, typically when we submit these we leave them open for 30 days and I think we would continue with that policy. Steve Yurick Item 12, 'have you reviewed the design guidelines and will your final design conform to those guidelines?" On that question, I'd like to defer that to Gary. Gary Tushie Yes. Steve Yurick Thank you Gary. Steve Yurick Question 12a, "what will you do if 202 is not available?" The concept there is to market that project probably with some redesign as market rate condominiums. Steve Yurick Item IT—,'are you willing to make changes in any phases of the development?" Not only are we willing, but we must say, that depending on the market conditions, it may be demanded. I think that as we proceed into the development of this project, we'll probably see some things change from what we are talking about today. What they are, I guess your guess is as good as ours. Steve Yurick ow id you arrive at your offering price?"