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Resol 4704
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2040 Wayzata Boulevard West - 34-118-23-21-0036 - (Orono HRA)
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Council Resolutions RE: TIF - File Cabinet 1
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Resol 4704
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Last modified
8/22/2023 4:55:47 PM
Creation date
10/7/2021 1:39:17 PM
Metadata
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x Address Old
House Number
2040
Street Name
Wayzata
Street Type
Boulevard
Street Direction
West
Address
2040 Wayzata Boulevard West
Document Type
Land Use
PIN
3411823210036
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Updated
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O\\� <br /> CITY of ORONO <br /> �,s/, RESOLUTION OF THE CITY COUNCIL <br /> NO. 4704 <br /> WHEREAS, the Developer has submitted an executed Development Agreement <br /> relating to the Orono Woods Apartments between City of Orono, Orono Housing and <br /> Redevelopment Authority (hereinafter "HRA"), and Orono Senior Housing LLC for the City <br /> Council's consideration and final execution,which agreement sets forth the terms and conditions for <br /> the development of Senior Housing on Lot 2, including acquisition of the land by the HRA,ground <br /> lease to the Developer, Tax Increment Financing and issuance by the City of Multifamily Senior <br /> Housing Revenue Bonds; and <br /> WHEREAS, the Developer has submitted executed Planned Unit Development <br /> Agreements 2A and 2B providing for the installation of certain improvements as a condition of site <br /> plan approval for the construction of an Office Building on Lot 1 and a Senior Housing Building on <br /> Lot 2 respectively,and which agreements document the general and detailed conditions for use and <br /> development of the property; and <br /> WHEREAS, the Developer has submitted an executed Road,Drainage and Utility <br /> easement over the portions of driveways in Lots 1 and 2 that provide potential future frontage road <br /> connections between Brown Road, Wayzata Boulevard, and properties to the west; and <br /> WHEREAS, the Developer has completed all other requirements of the platting <br /> regulations of the City including: <br /> 1. Completion of all platting requirements of Preliminary Plat Resolution No. 4703. <br /> 2. Dedication on the plat of Drainage and Utility Easements, including dedication of a <br /> utility easement to allow for replacement of the existing municipal sewer line which <br /> must be relocated outside of the MnDOT right-of-way and onto Lot 2. <br /> 3. Submittal of Minnehaha Creek Watershed District (MCWD) permit (No.01-366) <br /> approving the grading and stormwater management facilities plan for Lots 1 and 2 <br /> per the Grading, Drainage and Erosion Control Plan, Sheet C3-1 dated 8/16/01. <br /> 4. Submittal of the necessary MnDOT approval for the right-in, right-out access to <br /> Wayzata Boulevard, and confirmation that the MnDOT stormwater pond located <br /> southeast of Lot 2 has the capacity to accommodate the proposed drainage from <br /> development on Lots 1 and 2.. <br /> Page 2 of 6 <br />
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