HRA MINUTES 02081983 - Laserfiche WebLink

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-7 - main 7 - main community space would bump off the backside, onto the private area adjacent to the residential area. This slide is a projection from up in the air of what the project would look like from the Kenzie side. I'll give you back to Tony or John, awaiting your questions. John Curry I would like to mention one thing, that he did hit on. We have worked together before and we do have this recent experience of Lakeshore Drive and we learned an awful -lot of.things about the market place and about each other and how we'work together and what has been a very successful relationship. The technique of working together and the pecking order that takes some months to peck together has been worked out and we finished that project with a great degree of efficiency. That was 178 units. It was from,ground breaking to the first occupancy was 11 months to the day. That is, we feel, quite an accomplishment. We intend to do those types of things again-. I guess the type of thing I'm talking about is being efficient. You've got to be efficient in the market place today or you end up either not providing a product that isi:acceptable or losing money or both and we intend not doing either one of those. I'd like to add one thing. I think that one of the things that we have commented about, that we'd like to leave with a thought that we hear, is that we're looking upon ourselves as providing some buildings. We • would like to think upon it as to market and do what has been talked about here, you've got to provide a program. You're dealing with a lot of people who have some very deep concerns and deep interests and you just do not provide a building, you've got to provide a program and I think we do address ourselves to the broader aspects of the whole community needs in our proposal which we made. I think it would be well for Tony to stay here because he's going to be able to field most of the questions. (Sundland) The H.R.A. is ...thank you very much, gentlemen. The H.R.A. has prepared several questions which we'd like to discuss here in the second half of the interview. We've written these out and will present them to you for your comment at this time. Tony Vavoulis (Knutson -Co.) You'd like me to go through these and address them one at a time? (Sundland) Yes. The first one, I'm going to have Art join me on this one. "Have you been involved in a Section 8 Elderly 202.2ld3 elderly cooperative in the recent past? Please describe your involvement. We've been involved, I guess, in both a construction standpoint, a general partner standpoint and in financing. Art, why don't you hit the 202 aspect of it. 0