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#2640/2641 Dunbar Development Corp. <br /> October 19, 2001 <br /> Page 2 <br /> DOCUMENTS <br /> Following is an update/review of each of the final documents Council is requested to approve on <br /> October 22: <br /> Resolution: Preliminary Plat Approval (Exhibit B). This document has been considerably <br /> revised since the October 8 version to streamline it, to incorporate by reference the findings and <br /> conditions of the General Concept Plan Approval Resolution, and to detail the specific submittals <br /> required for Final Plat approval. Council will be asked to adopt this resolution prior to the Final Plat <br /> approval resolution. <br /> Resolution: Approval of General Development Plan&Final Plat(Exhibit C). This Resolution <br /> documents the process and agreements that have resulted General Development Plan approval and <br /> Final Plat approval,and grants those approvals subject to the referenced agreements.This document <br /> has changed only slightly since the prior version(mostly filling in blanks). <br /> PUD 2A Agreement(Office) (Exhibit D). This document has been slightly revised since October <br /> 8 to reflect that final plans have yet to be submitted. Execution of this agreement commits the <br /> developer to the office building as preliminarily proposed unless the PUD Agreement is amended. <br /> PUD 2B Agreement(Senior Housing) (Exhibit E). This Agreement documents the conditions of <br /> approval for development of the Senior Housing site (Phase 1). It establishes approval conditions <br /> for the specific site plans, building plans, landscaping, grading, access, lighting & signage, etc. It <br /> also documents the use of TIF funding and the City's intent and conditions regarding the duration <br /> of the Senior Housing use. The agreement establishes City or Developer responsibility for various <br /> aspects of the development, and requires a Letter of Credit prior to issuance of building permits. It <br /> has changed only slightly to reflect the change in the agreement regarding deferred fees. <br /> Ordinance: Rezoning, PUD Documentation (Add 10.53 Subd. 9) (Exhibit F). This document <br /> has not changed since October 8. <br /> Development Agreement Relating To Orono Woods Apartments (Exhibit G). This is the <br /> primary agreement between the City,the HRA and Orono Senior Housing LLC that establishes and <br /> documents the various financing arrangements including TIF financing,Housing Bonds,etc. It has <br /> been revised since October 8 to incorporate the provisions for preference for Orono residents, City <br /> staff, and Long Lake residents (see Section 4.4 of the Ground Lease, Exhibit B of this agreement) <br /> and to reflect the deferred fees changes.. <br />