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WHEREAS, the Orono Ci(y Council makes the Totlowing findings in regard <br />to this application: <br />RNDINCS <br />1. This application was reviewed as Zoning Files #2640-2641 for simultaneous <br />review of the preliminary and final plat of Orono Woods. <br />2. The properly is located in the B-1 Limited Neighborh<x>d Business District. <br />The property consists of approximately 6.7 acres. <br />3. The City Council adopted Resolution No. 4619 on March 12. 2001, making <br />findings and conditions which support the proposed platting of Outlot F into <br />two separate parcels as noted herein, and approving the General Concept Plan <br />for a 23,000 s.f. two-story office building and a 62-unit senior housing <br />building. The findings and conditions of Resolution No. 4619 are incorporated <br />herein by reference. <br />4. The developer intends to rcplat the senior housing building as condominiums <br />upon completion of the building. Each unit would have a separate legal <br />description and tax statement. Under this type of plat the units weald be <br />owned by a non-profit agency and rented to the occupants under the <br />agreements established for the building. Such a rcplat will require a separate <br />application when proposed, and is not pan of this approval. <br />CONCLUSIONS. ORDER AND CONDITIONS <br />NOW, THEREFORE, BE IT RESOL\TD, that based upon one or more of <br />the foldings noted above, the City Council of the City of Orono hereby grants Preliminary <br />Plat Approval for Orono Ambar LLC for a 2-Iot plat per the undated preliminary plat <br />survey by Loucks Associates attached hereto as Exhibit A, subject to the following <br />conditions: <br />Page 2 of 8