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1 <br /> #2640/2641 Orono Ambar LLC. (cont.) <br /> General Concept Plan Review <br /> Page 4 of 7 <br /> IA. Financial Considerations <br /> Briefly, applicant has requested the Council consider various methods of financial assistance to make this <br /> project feasible. Such methods include the creation of a TIF district or similar provisions or reimbursements. <br /> Council has had early discussions regarding this and has indicated it is willing to consider this. The City's <br /> financial consultant is also reviewing the request. <br /> II. Site Plan Review(Lot 1 - Office Building) <br /> The proposed office building is two stories with approximately 23,000 s.f. of gross floor space. Under the <br /> building is a 21 stall underground parking area. The actual building size is 172' X 80' or 13,760 s.f. The <br /> building is designed to step down from a two story structure to one story immediately adjacent to the <br /> Sugar-woods neighborhood. The building would be constructed to only expose the 80' width to the <br /> neighborhood. <br /> Site Characteristics,B-6 Conformity <br /> (Note: Needed variances are shown in bold type) <br /> Required/Allowed Existing/Proposed <br /> Site area: 2 acres 2.7 acres <br /> Defined lot width: 100' 195' <br /> Parking setbacks: <br /> Required front yard: 15' 15' <br /> Required rear yard: 10' 35' <br /> Required side yard adj.to "R" district: 10' 125' <br /> Required side yard adj. to "B" district: 5' 15' <br /> Building. setbacks: <br /> Front lot line: 30' 190' <br /> Rear lot line: 35' 35' <br /> Side lot line adj. to "R" district: 35' 35' <br /> Side lot line adj.to "B" district: 10' 70' <br /> Building Height: 30' (2 1/2 stories) <br /> No. of Parking Stalls: Required= 1 per 200 s.f. <br /> Required= 1 per 200 s.f.of"net usable floor area for office use" <br /> Total stalls required =97 <br /> Total stalls proposed =97 <br /> Signage Allowance 190 s.f. Not known <br />