10-08-2001 Council Minutes - Laserfiche WebLink

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ORONO CITY COUNCIL MEETING MONDAY, OCTOBER 8, 2001 8. #2640141 Dunbar Development, Inc., 2060 Wayzata Boulevard —Final Plan Review -- Status Update— Continued not their office. Dunbar stated he was willing to go through with the contract. Flint asked what would happen if the bonds don't sell. Dunbar stated he would pursue HUD financing and the project would not start until next spring when he receives his funds. Gaffron stated that the last 5 years of the 25 year TIF period would repay the City for the deferred fees in the project. Dunbar stated that he would have affordable housing for the 25 year TIF period. Lorraine Kaley, of 1395 Brown Road South, asked for clarification on the affordable housing. Dunbar stated the affordable rent would be determined by HUD. Under current rules, the residents' income could not exceed $37,000 per year and their rent for a one bedroom would be $616 per month. Without the affordable rate, a one bedroom would rent for $925, and a two bedroom would rent for $1010. Of the 62 units, 12 will be affordable housing for 25 years. Sansevere asked if they had set up a priority for Orono and Long Lake residents. Dunbar stated that current Orono residents would receive first priority, people with family in Orono would receive second priority, and former Orono residents would receive third • priority. Sansevere stated he would like them to give priority to long -time City employees. 0 Randy Hogan, of 2103 Sugarwoods, stated he would like trees kept at the back of the property to screen the development from Sugarwoods residents. Carl Berg, of 2112 Sugarwoods, stated he has been satisfied with the information supplied by Dunbar, but asked if the project had been moved to the north. Dunbar stated it had not been moved. Berg asked about the break point in the roof contour. He was concerned about the third floor wrapping around the corner, and that the residents of unit 313 would be able to see into his home. Dunbar stated the line had not changed since he first removed 8 units from the third floor. He stated he was willing to move the balcony or put in a bay window on that unit, but could not remove it. He restated he would meet with the neighbors on -site to discuss the landscaping. Berg stated one of his neighbors had a buyer for his house back out of the deal because of the upcoming construction. Dunbar stated it was very important that final approval be given at the October 22 meeting. Lorraine Kaley, of 1395 Brown Road South, asked if there was a number of affordable housing units required by law in Orono. Gaffron stated there was no set limit, but a goal of the City's is that a portion of each new project would be designated affordable. Kaley 0