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\. <br /> ORONO CITY COUNCIL MEETING <br /> MONDAY,MARCH 12,2001 <br /> 4. #2640/2641 Orono Ambar,LLC, 2060 Wayzata Boulevard <br /> 1. General Concept Plan Approval Resolution No. 4619—Continued <br /> Sansevere thanked the applicant for addressing the City's concerns. <br /> Barrett suggested that on page 12 of the resolution, item 5,the word"granted" should be <br /> changed to "considered"in: Such approvals shall only be considered when the City <br /> Council finds that... <br /> White moved, and Sansevere seconded,to adopt Resolution No.4619 as amended, <br /> approving the General Concept Plan for development of a 62 unit building for <br /> senior housing use and 23,000 s.f. general office building on property located at 2060 <br /> Wayzata Boulevard. <br /> Vote: Ayes 4,Nays 0. <br /> 2. Fees <br /> Gaffron stated that the Council had considered deferring certain up-front charges and <br /> development fees for the Dunbar senior housing project in exchange for guarantees that <br /> the use of the site and building would remain as senior housing for as long as possible. <br /> The deferred amounts plus interest would have to be paid back to the City if the use <br /> becomes other than senior housing. Gaffron suggested that total park fees for the senior <br /> housing would be $192,200, with$31,000 paid up-front, and $161,200 deferred. The <br /> total sewer and water connection charge would be deferred at an amount of$40,838. <br /> Barrett stated that Gaffron was looking for conceptual approval and his report would still <br /> have to be reduced to contractual terms. <br /> Mayor Peterson questioned the 20 year affordable rental rates. Moorse explained that the <br /> affordable rental rates would be in place for 20 years (the TIF period),but the property <br /> would have to be maintained as senior housing for 40 years (the life of the HUD bond <br /> guarantee). <br /> Mayor Peterson asked about Mr. Dunbar's position in regards to the deferral. Gaffron <br /> stated he was in favor of the deferral. . <br /> Barrett suggested Council grant conceptual approval for the proposal subject to the final <br /> agreement. <br /> White moved, and Sansevere seconded, to grant conceptual approval to the Sewer <br /> and Water Connection Charges and Park Fees. <br /> Vote: Ayes 4,Nays 0. <br /> 4 <br />