11-26-2007 Council Minutes - Laserfiche WebLink

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• i 1 LJ • MINUTES OF THE ORONO CITY COUNCIL MEETING Monday, November 26, 2007 7:00 o'clock p.m. ( #07 -3336 Marc Ashton With John Terrance;Homes, LLC, On Behalf of Mitch Cook of Central Bank and Larry Pal of LGL Real Estate final approvals, they could approve the applic and approval. If the Council determines final tabled to the December 10"' meeting. Murphy stated when he arrived for tonight's i saw for the first time tonight and that his first Stonebay Outlot A, Continued) subject to Staff/City Attorney /City Engineer review are premature, then the application should be he had some concerns regarding the memo that he ination was to table the application. Murphy stated it appears that the primary issues relate to money and that in his view it just seems this application is being rushed through the system. Murphy asked Staff if they feel this application is being moved too fast through the process and whether all issues have Cook stated one of the reasons for today's meet today's meeting was very helpful in clarifying 1 developers agreements would basically be the z documents. The original agreement required th would be eliminated with the two development Mattick stated in principal Staff agrees with the payment of the fees. If the two sites are develop the two development agreements, that helps to k distinct. The new development contracts would) but there may be some requirements that would i The bank lot does need to tie into the other lot, v included in the two development agreements. Mattick stated the two issues before the Council feel it is fair to pay fees on property that they do the plat until the fees are paid up front. The Cit} agent, with the closing agent releasing the mylar given the securities that it is requesting. Mattick processes an application, in his view this is a rea addressed adequately. was to figure out exactly where they were at and that issues. Cook stated the concept of separating the eement that they already have but in two separate John Terrance Homes consent to certain items, which ints raised and that the major issue relates to the simultaneously, a staging plan is required and with i each developer's responsibilities separate and very similar to what is currently before the Council to be added in terms of the phasing of the project. is not currently addressed and would need to be ire: One, payment of all fees up front. LGL does not iot currently own but the City is not willing to record could sign the mylars, release them to the closing for recording and at the same time the City being stated while this is not the way the City normally onable request and would address the developer's PAGE 19 of 32