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1 I I Council Meeting Minutes May 12, 1987 OIMeara indicated State law does not state if you guarantee as- sessed value it will be enforceable; you can, however, guarantee a reasonable market value on which the County signs off on. In response to Benke's comment, Locke responded the city has a quality proposal that is consistent with the original concept plans and has the best financial arrangement we can expect on this particular area. Brama reviewed history of his firm, his proposal for a 32-unit apartment building, and then explained the market and value for empty-nesters. Brandt asked if the ponding area is a part of the property; Brama stated it is and it will be enhanced, indicating he is working with the Rice Creek Watershed District. Motion by Gunderman, seconded by Blomquist, to WAIVE THE READING AND ADOPT A RESOLUTION APPROVING AND AUTHORIZING THE EXECUTION OF A CONTRACT FOR PRIVATE DEVELOPMENT WITH RICHARD L. BRAMA AND ANGELA BRAMA. 5 Ayes - 0 Nayes, Motion Carried In response to Williams's inquiry, Brama indicated he would like to be in the ground next month as he would start without financ- ing, other than his own cash and borrowing from the bank, and indicated he would like to own the buildjng without a mortgage. Locke had nothing to add to the staff report concerning an ap- plication for site plan review, special use permit, and non-con- forming use permit to construct an 11,505 square foot addition onto Pike Lake Elementary School; and noted the architect and representatives of the School District were present to answer questions. Brandt asked if there would be a ~roblem with the resolution, as the curbing requirements in the resolution will be deferred until a later date; Locke indicated it would not be a problem. John Aukland, Coordinator of Sites and Transportation for the School District, stated the District has a cooperative agreement with the Mounds View District and the Northeast Metropolitan Intermediate School District No. 916 and have levied the bonds for the project. Bill Martin, architect, stated, at the owners direction, has put on an addendum to the plans which are out for bids incorporating the trash enclosure and leaving out the portion of curbing which requires resolution with the city. In response to Benke's question, Aukland stated there will be some joint costs incurred for the parking lot; and is looking for the safest way to use school and park for both vehicles and pedes- trians. Proper indicated he would have no problem with the plan. Page 12 SP-141, NC-76, LP-209 Pike Lake Elementary School Report 87-134 Resolution 87-56 Resolution 87-57