Here's a few factual corrections to Tim Connolly's post:

Industrial Living Overlay puts the burden of tolerance on the residential
property. Industry is protected from residential noise standards. We as the
developer have to attenuate noise by  40db(A) from exterior to interior as a
design feature of our building (state law).

The alleged employment loss is fictional. Metal-Matic already owns a plant
in Chicago. They chose to build there, rather than buy the land we bought
that is right next door. They elected not to expand next door because 50% of
the SE River industrial area they are in has already been converted to
housing/office in last ten years. Our land has been for sale for 15+
years...Metal-Matic passed on it...several times. They don't mind using it
for free though...

Metal-Matic is also telling the Teamsters that their jobs are in
jeopardy...On Monday at the public hearing, we will expose the dirty little
secret on how Metal-Matic management is lying to both the public and the
Teamsters. This company is disappointing. The manner in which they have
handled themselves during this project is not only deceptive, but incredibly
uncitizen-like.

Tim was wrong about all areas businesses opposing the project. ADM...a huge
land owner was VERY supportive. So was the Park Board and several areas
businesses. Only the University, Metal-Matic and their captive supplier WD
Forbes filed objections. University & Metal-Matic have environmental
problems they wish to continue to keep below public radar. WD Forbes is a
huge supplier to Metal-Matic..thus captive to them.

We do not need city powers to acquire the land. We already own most of it,
and have the rest under contract, scheduled to close soon. We are waiting
for title corrections.  The City already approved the project, including the
redevelopment plan. We want a simple modification to keep the timeline on
schedule, without any cost or risk to the city.

It IS true that we have relied upon the city approvals,(in most cases by
13-0 votes) for rezoning and financial commitments to advance the project,
purchase the land and commit to construction. Reversals of those approvals
would beg the question of responsibility...but we have not raised that
issue.  We expect the city to do the right thing, and move forward as
committed.

Steve Minn

----------
>From: timothy connolly <[EMAIL PROTECTED]>
>To: [EMAIL PROTECTED]
>Subject: [Mpls] Stone Arch apts.
>Date: Sat, Apr 6, 2002, 12:17 PM
>

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