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MINUTES OF THE <br />ORONO CITY COUNCIL MEETING <br />Monday, November 26, 2007 <br />7:00 o’clock p.m. <br />___________________________________________________________________________________ <br /> <br />PAGE 21 of 32 <br />(#07-3336 Marc Ashton With John Terrance Homes, LLC, On Behalf of Mitch Cook of Central <br />Bank and Larry Pal of LGL Real Estate Investments, Stonebay Outlot A, Continued) <br /> <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 commented it is not in the best interests of anyone to have a <br />vacant building sitting there for a period of time. <br /> <br />McMillan asked how long it would take to work out a staging plan. <br /> <br />Cook stated they do have a staging plan worked out between them and they would be submitting that to <br />the City. <br /> <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 /> <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 and 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 /> <br />Rahn stated the decision to have two separate agreements was only recently arrived at and that there <br />may be other underlying issues that have not been addressed yet. Rahn indicated he would prefer to <br />table the application for two weeks. <br /> <br />McMillan stated it was her understanding the two buildings would be constructed at the same time and <br />that she would prefer to see the development agreements and the staging plan in place prior to approval. <br /> <br />Cook stated the project was never presented as having both buildings constructed at the same time and <br />that Lot 1 would be built on first. <br /> <br /> <br /> <br />Item #02 - CC Agenda - 12/10/07 <br />Approval of Council Minutes 11/26/07 [Page 21 of 32]