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04/13/70
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04/13/70
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CITY OF HASTINGS <br /> Office of ENGINEER <br /> <br />MINUTES OF HASTINGS PLANNING COMMISSION MEETING <br />HELD MONDAY, APRIL 13, 1970 AT 7:30 P.M. <br /> <br />Those present: <br /> <br />Walt Petersen, Don Pluegel, Don Hallberg, Leonard Bauer, <br />and Mr. Moen, and Arland Siebrecht. <br /> <br />Also present: <br /> <br />Mr. Willis Olson, Mr. and Mrs. Leo Schumacher, <br />Mrs. Darlene Hallberg, representing the Mississippi Valley <br />Star, Mr. Charles Bartelma, Mr. James Baird, Mr. Hy <br />Kilborn, Mr. Bill Pechacek, Mr. Frank Sieckert, Mr. Dick <br />Collins and Mr. Jack Christenson, and City Engineer John <br />Davidson <br /> <br />The first action was approval of the minutes of the Planning Commission Meeting <br />of March 23, 1970. <br /> <br />The first item of business was a presentation by Mr. Enwald regarding FHA <br />Rent Supplement Program Housing for the Elderly. Mr. Enwald represented <br />Investors Real Estate Fund. (See copy of handout attached. ) Mr. Enwald <br />stated that the 235 Program provides for ownership rather than rental of these <br />units. Under his proposed program the development company would either own <br />and manage the total facility or develop the total facility and turn it over to local <br />control and management, or they will arrange for local contractor construction. <br />These buildings are designed from a set of canned plans. It is conservative <br />size-wise in construction. There is about a 6% return of investment on these <br />properties and they now have developed properties in Rochester and Stillwater. <br />These facilities in Minnesota as yet though have not been constructed, however <br />they do have facilities in operation in New Richmond and the Eau Claire and West <br />Central Wisconsin area. <br /> <br />Under the Program there is a 10% profit and development cost allowed which <br />takes into account design engineering and construction fees. They can also <br />arrange for group investment programs in these facilities. He would estimate <br />that the City of Hastings could use 60 to 100 units and they would recommend <br />the rent supplement program rather than the public housing program. <br /> <br />The next item on the agenda was review of the letters of intent for filling the <br />vacancy on the Planning Commission by Mr. Kilborn, Mr. Sieclmrt, Mr. Solac <br />and Mr. Olson. It was suggested that they defer any interviews until after the <br />regular business meeting. <br /> <br />The next item was a petition for rezoning which was 95. 5% adequate of Mr. Leo <br />Schumacher's to rezone from R-1 to R-3 the area for multiple dwelling units in <br />the Imperial Estates area. It was moved by Mr. Hallberg, seconded by <br />Mr. Siebrecht that the R-3 zoning be recommended to the City Council for <br /> <br /> <br />
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