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giv • oCITY of ORONO iroi o~ RESOLUTION OF THE CITY COUNCIL 15. The applicant has requested financial assistance from the City of Orono to allow for affordable rents. Such methods include the creation of a TIF district or similar provisions or reimbursements. 16. The developer has proposed to plat the senior housing project as condominiums. Each unit would have a separate legal description and tax statement. Under this type of plat the units would be owned by a non-profit agency and rented to the occupants under the agreements established for the building. The applicant has provided a preliminary plat drawing to allow subdivision of the property into two lots for development purposes. 17. The City Council finds that the proposed rezoning, proposed comprehensive plan amendment, proposed subdivision and proposed development of an office building and senior housing building are appropriate for the property, will not have negative impacts on the surrounding properties when all approval conditions are met, and are in keeping with the goals, policies and philosophies of the City. CONCLUSIONS, ORDER AND CONDITIONS NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Orono hereby approves the General Concept Plan for development of a 62 unit building for senior housing use and a 23,000 s.f. general office building, subject to the following declarations and conditions: 1. The City of Orono will approve an amendment to the Orono Comprehensive Plan to allow for the proposed uses upon City Council finding of satisfactory completion of the Conditions for Development Plan and Final Plat Approval. 2. The City of Orono will approve rezoning of the property as described herein upon City Council finding of satisfactory completion of the Conditions for Development Plan and Final Plat Approval. 3. This resolution is not intended to grant Preliminary Plat Approval. Page 6 of 13