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Sisk: <br /> <br />Nichols: <br />Sisk: <br /> <br />attract a high quality buyer, which <br />we think General Electric is, then <br />you have to build the whole thing <br />now. They aren't going to buy part <br />of it and, then, a year later, or <br />two years later buy the other part. <br /> <br />You're going to dump 211 units onto <br />a crowded school next September. <br />How do you take care of that? <br />You're saying here's the economics <br />and I'm saying we've got children <br />going to school in Louisville. <br />You're going to give us 211 units <br />completed by September of 1994. <br /> <br />There are not a lot of students. <br /> <br />If you'll guarantee that, then we're <br />in business. <br /> <br />Nichols: <br /> <br />Sisk: <br /> <br />Nichols: <br /> <br />We've made a couple of decisions in <br />the process here that will preclude <br />us from leasing to families with a <br />lot of students. The project will <br />be marketed and appeal to a lot of <br />singles, young professionals, etc. <br />We're not going to put a big load on <br />the school system. <br /> <br />Is there a thought <br />condominiumizing these units? <br /> <br />to <br /> <br />The only thing I can say is that <br />they are built to that quality. <br />That will give us an exit strategy. <br />They probably won't turn it condo. <br />It will be well maintained. <br /> <br />Sisk: <br /> <br />Paul, it this was being submitted as <br />a condominium project, would it have <br />the same allowable density as the <br />apartments? <br /> <br />Wood: <br /> <br />Yes, it would. <br /> <br />Mayer wondered if there would be anything Council could require in <br />the PUD that grading operations would not be allowed to go on where <br />it would be greatly to the detriment of the neighbors around. <br /> <br />Foley: <br /> <br />I've lived in Louisville for over 50 <br />years. I used to live next to Rob <br /> <br />25 <br /> <br /> <br />