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On Monday, the Minneapolis Planning Commission denied approval for the Federal Reserve Bank’s proposed 790-car riverfront parking garage. The vote to deny the conditional use permit to allow a parking facility split the commission 5-4, with President Sam Rockwell casting the tie-breaking vote. Site plan approval was denied by a larger 7-1 margin. It is likely the Fed will appeal the decision to the City Council.
Representatives of the Fed made the arguments you’d expect when justifying a parking garage: we need more parking. Duane Carter, a senior vice president at the bank, also said a few unexpected things in his presentation. He reminded the Commission of the time a man fired a gun at the Fed building (he didn’t mention the shots were fired from another nearby parking garage belonging to the US Postal Service). He told them the bank keeps unfathomable “treasure” in their vault. He showed the Commission on the projector what $36 million dollars looks like when you stack it up real big. Weirdest of all, he claimed the parking garage would be good for bikers and pedestrians.
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