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?^E^A PLftT Doc. <br />A RESOLUTION APPROVING THE <br />PRELIMINARY PLAT FOR PROPERTY <br />LOCATED AT 2060 WAYZATA BOULEVARD <br />FILE NO. 2640/2641 <br />WHEREAS, Orono Ambar, LLC (hereinafter the "applicant*’) has an interest in <br />propert)' located at 2060 W'ayzaia Boulevard within the City of Orono (hereinafter the "City") <br />and le^ly described as follows: <br />Outlot F, Sugarwoods <br />Hennepin County, Minnesota (hervinafter the "property"); and <br />WHEREAS, the PUD ordinance requires a three step approval project for <br />properties developing as part of a PUD; Resolution No._______for General Concept Plan <br />WHS adopted on__________. the second step in the process is Preliminary Plat approval, <br />followed by the Final Plat; and <br />WHEREAS, the applicant has requested Preliminary Plat Approval for a two <br />lot plat of a 6.7 acre property. Proposed is a rezoning for the two properties from D-1, Retail <br />Sales Business District to B-6/PUD (for office use of the proposed west parcel) and <br />RPUD/PUD (for multi-family residential use of the proposed east parcel). The intended use <br />of the properties ore a 3 story 62 unit senior housing project and a 23,000 s.f. office building; <br />and <br />WHEREAS, the property ii located in the Highway 12 Corridor Study Area <br />which has established special requirciucnls for re.^ijning; a.id <br />WHEREAS, the City of Orono has agreed to purchase the 4.7 acre parcel that <br />will contain the senior housing project and lease the property to a non-profit organization that <br />will own and operate the building; and <br />WHEREAS, the Orono City Council makes the following findings in regard to <br />this application:1 <br />Page 1 of 10