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0 <br />ORONO CITY COUNCIL MEETING <br />MONDAY, MARCH 12, 2001 <br />4. #264012641 Orono Ambar, LLC, 2060 Wayzata Boulevard <br />1. General Concept Plan Approval — Resolution No. 4619 -- Continued <br />Sansevere thanked the applicant for addressing the City's concerns. <br />Barrett suggested that on page 12 of the resolution, item 5, the word "granted" should be <br />changed to "considered" in: Such approvals shall only be considered when the City <br />Council finds that... <br />White moved, and Sansevere seconded, to adopt Resolution No. 4619 as amended, <br />approving the General Concept Plan for development of a 62 unit building for <br />senior housing use and 23,000 s.f. general office building on property located at 2060 <br />Wayzata Boulevard. <br />Vote: Ayes 4, Nays 0. <br />2. Fees <br />Gaffron stated that the Council had considered deferring certain up -front charges and <br />development fees for the Dunbar senior housing project in exchange for guarantees that <br />the use of the site and building would remain as senior housing for as long as possible. <br />The deferred amounts plus interest would have to be paid back to the City if the use <br />becomes other than senior housing. Gaffron suggested that total park fees for the senior <br />housing would be $192,200, with $31,000 paid up- front, and $161,200 deferred. The <br />total sewer and water connection charge would be deferred at an amount of $40,838. <br />Barrett stated that Gaffron was looking for conceptual approval and his report would still <br />have to be reduced to contractual terms. <br />Mayor Peterson questioned the 20 year affordable rental rates. Moorse explained that the <br />affordable rental rates would be in place for 20 years (the TIF period), but the property <br />would have to be maintained as senior housing for 40 years (the life of the HUD bond <br />guarantee). <br />Mayor Peterson asked about Mr. Dunbar's position in regards to the deferral. Gaffron <br />stated he was in favor of the deferral. <br />Barrett suggested Council grant conceptual approval for the proposal subject to the final <br />agreement. <br />White moved, and Sansevere seconded, to grant conceptual approval to the Sewer <br />and Water Connection Charges and Park Fees. <br />Vote: Ayes 4, Nays 0. <br />4 <br />