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0 <br />• <br />ORONO CITY <br />Monday, P <br />7:00 <br />( #07 -3336 Marc Ashton With John Terrance <br />Bank and Larry Pal of LGL Real Estate Inve <br />ES OF THE <br />OUNCIL MEETING <br />vember 26, 2007 <br />clock p.m. <br />LLC, On Behalf of Mitch Cook of Central <br />its, Stonebay Outlot A, Continued) <br />Palm stated they would like to pay those at the time they make application for the building permit. Palm <br />stated it makes sense economically to construct one building first and have it totally leased out prior to <br />constructing the. second building. Palm comme ted it is not in the best interests of anyone to have a <br />vacant building sitting there for a period of time., <br />McMillan asked how long it would take to workout a staging plan. <br />Cook stated they do have a staging plan worked out between them and they would be submitting that to <br />the City. <br />McMillan stated she personally does not want to+work out the staging plan tonight and that the City <br />Engineer should have ample time to review that.) McMillan expressed concerns about approving the <br />application tonight prior to the development agreements and staging plan being totally resolved. <br />Bremer stated in order to create the two separate development agreements, the City's attorney would <br />also need to be significantly involved with that I d that it is dependent upon the staging plan. Bremer <br />stated in her opinion the Council should arrive at a decision on the payment of the fees tonight. <br />Rahn stated the decision to have two separate <br />may be other underlying issues that have not bef <br />table the application for two weeks. <br />was only recently arrived at and that there <br />addressed yet. Rahn indicated he would prefer to <br />McMillan stated it was her understanding the tw;o buildings would be constructed at the same time and <br />that she would prefer to see the development <br />Cook stated the project was never presented as <br />that Lot 1 would be built on first. <br />and the staging plan in place prior to approval. <br />both buildings constructed at the same time and <br />PAGE 21 of 32 <br />