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ORDINANCE U , 2ND SERIES <br />AN ORDINANCE EXTENDING <br />AN INTERIM MORATORIUM <br />ON THE GRANTING OF <br />CREDITS ALLOWING A 50% INCREASE <br />IN DWELLING UNIT DENSITY <br />IN THE LR-lC-1 DISTRICT <br />The City Council of Orono does ordain: <br />SECTION 1. Statement of Policy. The purpose of Orono Municipal Code Chapter 10 is to provide <br />for the orderly development of residential properties so as not to unreasonably conflict with the <br />current residential character of the City. The City is concerned that its current regulations in Section <br />10.26, Subd. 3 related to a credit allowing a 50% increase in dwelling unit density and the LR-lC-1 <br />zoning district are not adequate to ensure this. The City Council determined that time was needed <br />to conduct a study to determine whether new regulations are needed; and, if so, to develop and adopt <br />new regulations. <br />SECTION 2. Extension of Interim Moratorium. To allow' time for the study defined in Section <br />1 the City Council imposed a 190 day moratorium pursuant to Minnesota Statute Section 469.355, <br />Subdivision 4, on the granting of applications pursuant to Section 10.26, Subd. 3 in the LR-lC-1 <br />District. The initial moratorium w'as set to expire on Tuesday, November 17,1998. Because the City <br />had not yet completed the study which may result in ordinance revisions, it was necessary to extend <br />the moratorium 'o May 15, 1999, which was done via Ordinance No. 180 Second Series on <br />November 9,1998. Because the City has not yet completed the study which may result in ordinance <br />revisions, it is necessary to additionally extend the moratorium to November 11, 1999. <br />SECTION 3. Effective Date. This ordinance shall be effective upon publication. <br />Adopted by the City Council of Orono on this 10th day of May, 1999, by a vote of <br />aves and navs. <br />Gabriel Jabbour, Mayor <br />ATl'EST: <br />Linda S. Vee, City Clerk