02-10-2003 Council Packet - Laserfiche WebLink

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I'-It W‘ MINUTES OF THE ORONO CITY COUNCIL MEETING Monday, January 27,2003 7:00 o'clock p.m. (#02-2753 WESLEY BYRNE, Continued) Nygard moved. White seconded, to reaffirm the original motion, which allowed the property located at 2817 Casco Point Road to develop in conformance with the original site plan attached as exhibit B. Mr. Byrne asked if he could fix the foundation. The Council stated he would be requited to do so. \'OTE: Ayes 4, Nays 0. 4. #02-2789/02-2840 DAHLSTROM DEVELOPMENT LLC, “2550’’ WAYZATA BOULEVARD WEST - RESOLUTION NO. 4915 a) REQUEST FOR FINAL APPROVALS b) SALES TRAILER APPROVAL Gaffron explained that on December 9, 2002 the Council voted 5-0 ‘to approve the language’ of the draft with final Council adoption of the Resolution Granting Preliminary Plat approval and General Development Plan approval to occur when MCVVD approvals were granted and any remaining engineering issues were resolved. The motion also included approval of the development fee structure as set out in the staff memos of December 4, 2002 and December 6,2002. Additionally, Council noted that the City would provide the applicant a letter defining the City ’s support of the project, at the applicant’s request. On January 14, 2003, staff. Wallace Case, and the applicant reached an agreement on which aspects of the specific recommend.itions of the landscape plan were incorporated as requirements. As the applicant’s bank has suggested that the Ciiy ’s approval is key to completion of the financing for purchase of the land, Gaffron reported that the applicant has requested that Council grant General Development Plan and Preliminary' Plat approval by adopting the proposed Resolution, subject to conditions necessary to give the City assurance that the City ’s interests in the project are protected. The purchase must be closed by the Februao 7, 2003 option expiration date. Gaffron pointed out that the Stonebay Development property is one of a small number of areas the City has guided for higher density residential development to enable a broader range of housing options. Late in the development review process, the issue of providing a number of units at affordable cost levels was introduced, the developer proposed to subsidize a small number of units to reduce the price. The subsidy was going to cost the developer $200,000 to 5300,000. At the time, the Council felt this to be a small token effort to make a small number of units more affordable. It was then suggested the money be placed in an affordable housing fund to be used for future affordable housing projects. The developer indicated this would be agreeable as long as the City had a program in place PAGE 6 of 28 MllaMUi