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<br />Council Mi nutes <br />January 8, 1985 <br /> <br />I <br /> <br />Harcus inquired about Bidne's knowledge of the expansion <br />of Palmer Drive; Bidne indicated he was not aware of that <br />but noted that the Federal government is moving out of <br />subsidized programs (which were usually for up to forty <br />units at a given time). <br /> <br />Benke noted that other elderly projects have been discussed <br />and questioned a need for more than eighty-four units; <br />Bidne responded affirmatively. <br /> <br />Schmidt indicated he was impressed with the amount of <br />green space made possible through underground parking <br />and asked about other projects. <br /> <br />Bidne mentioned other projects with underqround parking; <br />Sorenson noted a cost of $4,000 per bay and indicated <br />them as one of the amenities for which the seniors <br />looked. <br /> <br />I <br /> <br />Bidne stated this proposed project is designed to age <br />with the people living there; as they grow older, they <br />will not be using a parking space, but younger ones <br />moving in will; very important to have adequate mobility <br />to move vehicles. <br /> <br />Benke asked how the City would label/market this proposed <br />project; Bidne responded it would be "cost affordable <br />market-rate housing," livery high-quality," IInot luxurious, <br />but maintenance free," and/or "comfortable, cozy, home-like <br />residence." <br /> <br />Benke asked about schedule for future steps; Bidne stated <br />they planned to have a Development Agreement in January <br />(they are currently putting their team together); have <br />commenced discussion with two financing entities; have a <br />very experienced attorney working with them; are working <br />on a timetable to commence construction. <br /> <br />I <br /> <br />Schmidt noted this fast-track process is necessary. <br /> <br />Harcus thanked Sorenson and Bidne for coming this evening. <br /> <br />Steve Thompson, Citizen Study Committee, thanked the council <br />for reappointing those on the Committee. Reviewed the <br />differences between the first resolution brought to the <br />council in November of 1984 and the two currently proposed res- <br />olutions; agreed with staff recommendation to remove the <br />stipulation that streets be renamed by resolution and to <br />have streets renamed by ordinance only. <br /> <br />Motion by Schmidt, seconded by Benke, to WAIVE THE READING <br />AND ADOPT A RESOLUTION ESTABLISHING PROCEDURES FOR NAMING <br />CITY STREETS AND TO WAIVE THE READING AND ADOPT A RESOLUTION <br />ESTABLISHING PROCEDURES FOR RENAMING CITY STREETS. <br /> <br />page Eight <br /> <br />Naming and Renaming <br />City Streets <br />Report 85-8 <br />Resolution 85-8 <br />Resolution 85-9 <br />