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PROPOSED FINDINGS OF FACT REQUEST FOR REZONING THORP FINANCE CORPORATION 1. That Thorp Finance Corporation hereinafter referred to as ,,Applicant" has properly applied for a rezoning of the properties at 138th Avenue and Dolomite Street N.W. from B-1 Business to R- 1U Residential. 2. That the Applicant appeared before the Planning and Zoning Commission for a public hearing pursuant to Section 170.013C of the city Code on November 1, 1988 and that said public hearing was properly advertised and that the ~inutes of said public hearing are hereby incorporated by reference. 3. That the properties which are the subject of the application are located at 138th Ave. and Dolomite St. N.W. and are legally described as follows: Lots 2 and 3, Block 5, Riverside West, Anoka County, Minnesota. 4. That Lot 2 is approximate%y 1 acre in size and Lot 3 is approximately 1.25 acres in size. 5. That the subject properties are currently zoned B-1 Business. 6. That the property to the south is zoned R-1U Residential. 7. That the property to the north of Lot 2 is zoned B-1 Business and is developed with a church structure. 8. That the properties to the east are zoned B-1 Business. 9. That the property to the west of Lot 2 is zoned B-1 Business and the property west of Lot 3 is zoned R-1U Residential. 10. That the Applicant has stated that the rezoning is necessary since the properties have not been able to be sold for commercial development. 11. That the rezoning will/will not substantially adversely impair the use or market value of any surrounding property. 12. That the proposed rezoning will/will not be in accordance with the specific objectives of the Comprehensive Plan. 13. That the proposed rezoning will not change the essential character of the area. 14. That the use of Lot 2 as a residential use may cause adjacent B-1 properties to incur additional costs due to screening requirements between B-1 & R-1 uses unless these requirements are waived.