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From: Paul and Tracey Landberg <ptlandberg4@gmail.com> Subject: [EXTERNAL] Zoning for apartments in 175th and TLR Date: June 1, 2020 at 4:19:48 PM CDT To: <john.dietz@elkrivermn.gov>, <jennifer.wagner@elkrivermn.gov> Hello Mayor Dietz. I have already sent a message to Jennifer Wagner as well as to Cal Porter in regards to the request for auction of the area of Twin Lakes Rd and 175th regarding the purposed 55 unit apartment complex being build on that space based on the request for auction. I have attached that email below for reference, but now learning last week that CHDC will probably not build if they don't get an $810,000 TIF request granted from the ER City Council. Tax-Increment Financing subsidizes companies by refunding their paid taxes back to the developer to help them pay off their loan. Over $30,000 per year for 25 years will be given back to the developer to pay off their loan. This means they will NOT be contributing to expanding schools, traffic lights for the corner, police & fire, or other government agency support. It will just put an a dditional stress on the taxes we all pay. So if this is the factual information that was shared last week at the Zoom meeting, it further supports my concerns will this being built in the area that is not prepared structurally for it with its street traffic flow, as well as the amount of congestion that will occur once construction work begins on Hwy 10. We as tax payers/home owners are being further burden with additional needs for road improvements and such. We have already been made to hold the tax burden of a new ice arena in the area, which the citizens of Elk River said no to in our vote and the city went ahead and pushed it through anyway. I am paying close to $5,000 in taxes yearly for a home estimated at $300,000. Our curbs in our neighborhood are disintegrating and we are one of the last roads to be plowed when it snows and our sidewalks are even longer, typically two to three days later on most snow falls, Our area landscaping is not taken care of as it is on the other side of Elk River near the golf course, but I should take on more of the tax burden?? This does not make sense to me. PREVIOUS EMAIL OF CONCERN: I am sending a written response to the discussion of the area at Twin Lakes Rd and 175th regarding the purposed 55 unit apartment complex being build on that space based on the request for auction. request for auction We don't want this. We have enough traffic at that intersection already we do not need more. We moved to this part of town because there was less traffic. We would rather see it zoned for a few houses as it is now or with smaller lots for a few additional houses. The area already has too much traffic on it during rush hour times of the day and it is difficult to get out of the neighborhood at times based on much of the traffic going above speed limits. The hill and windy roadway already make it difficult to safely get onto Twin Lakes Road. Adding additional congestion will certainly make this more dangerous and difficult. There is also the