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MINUTES. REGULAR CITY COUNCIL MEETING/PUBLIC HEARING FEBRUARY 27, 1985 PAGE 3 There being no others wishing to be heard, Mayor Eggert closed the hearing at 8:44 P.M. Mayor Eggert moved, seconded by Councilmember Baldwin, that Resolution R-85-8 be adopted contingent upon negotiation of the development agreement, modification of technicalities in letter of credit, and review by Planning Commission. Motion carried unanimously. RESOLUTION R-85-8 RESOLUTION ADOPTING AMENDMENT TO DEVELOPMENT PLAN AND ADOPTING TAX INCREMENT FINANCING PLAN, DECLARING PUBLIC PURPOSE, REQUESTING CERTIFICATION OF ORIGINAL ASSESSED VALUE, PROVIDING FOR FILING, ADMINISTRATION LJ May Hutchinson, representing the Minnesota Housing Finance Agency, reviewed the Single Family Mortgage Loan Program sponsored by the Agency. She explained that there are three programs designed for low and moderate in- come families as follows: (1) Target Census Tract Program - funds made available whenever bonds are sold, (2) Regular Single Family Home Loan Program which provides reduced interest rates/assistance with down payment and monthly payments for first time homeowners with no commitment by the municipality, and (3) Municipal Home Mortgage Program where funds are set aside for the municipality, municipality designs their own housing program and participates by paying a three percent commitment fee. ~~ HEARING CLOSED AT 8:44 P.M. RESOLUTION R-85-8 MINNESOTA HOUSING FINANCE AGENCY PRESENTATION Mayor Eggert reviewed the matter of the Lido Cafe conditional use request LIDO CAFE and explained that a meeting had been held with the Planner, Attorney and CONDITIONS Lido regarding the conditions. Attorney Gasteazoro presented a report dated DISCUSSED February 20, 1985 listing the conditions. Council discussed at length the restriction of certain types of entertainment, closing hours, and ratio of food to liquor. Attorney Gasteazoro explained that prohibiting enter- tainment completely would be too restrictive and, therefore, the condition was written to restrict entertainment which would result in large and rowdy crowds. John Labalestra, Lido Cafe, explained that the restaurant's average guest check is $5.00 to $7.00 including liquor and he would prefer any ordinance controlling the split between liquor and food be based on sales. Copies of liquor ordinances will be obtained from other communities and the matter addressed at the March 13, 1985 meeting. Jim Bycowski, 1745 St. Mary's Street, stated he thought the granting of the JIM BYKOWSKI conditional use was especially for Lido Cafe parking and objected to 1745 ST. DIARY'S allowing the conditional use to run with the property. Attorney Gasteazoro explained that the Municipal Code provides that the conditional use run with the land, not the owner. Randy Gustafson, 1775 St. Mary's Street, felt that the marketability of R. GUSTAFSON the property should be limited. 1775 ST. MARY'S Ted Meyer, 1710 St. Mary's, stated there were other conditions involved TED MEYER such as condemnation of the alley, vacation of St. Mary's, purchase of 1710 ST. MARY'S Buck's property, berming and landscaping. Mayor Eggert explained that berming and landscaping is a part of the development agreement. Mr. Meyet also wanted the food/liquor ratio addressed, and asked what would happen in event of default.