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CITY COUNCIL WORK SESSION SEPTEMBER 22, 2004 <br />APPROVED <br />2 <br />3 CITY OF LINO LAKES <br />4 MINUTES <br />5 <br />6 <br />7 <br />8 DATE : September 22, 2004 <br />9 TIME STARTED : 5:35 p.m. <br />10 TIME ENDED : 9:00 p.m. <br />11 MEMBERS PRESENT : Councilmember Carlson, Dahl, Reinert <br />12 and Mayor Bergeson <br />13 MEMBERS ABSENT : Councilmember Stoltz <br />14 <br />15 Staff members present: City Administrator, Gordon Heitke; Community Development <br />16 Director, Mike Grochala; Community Development Coordinator, Mary Alice Divine; <br />17 City Engineer, Jim Studenski; City Planner, Jeff Smyser; and City Planner, Paul <br />18 Bengston (part) <br />19 <br />20 LEGACY AT WOODS EDGE <br />21 <br />22 Community Development Coordinator Divine referred to Item 6C from the regular <br />23 Council agenda regarding the public hearing on the Hartford Group application for public <br />24 assistance. Steve Bubul from Kennedy & Graven is continuing to work on the <br />• 25 Redevelopment Contract to include all the terms of the agreement that were outlined to <br />26 the Council. The Springsted memo, which was previously distributed and included <br />27 changes to the Minimum Assessment Agreements and Minimum Value Requirements, <br />28 outlines the terms of the agreement and is included with Item 6C. <br />29 <br />30 Community Development Coordinator Divine advised this is a public hearing that is not <br />31 required by law, but the City Council elected to hold the hearing to get public comment. <br />32 On September 27, staff will recommend that Council take public testimony and then <br />33 continue the hearing to October 11. On October 11, the EDA and the City Council will <br />34 consider approving the Redevelopment Contract. Normally EDA meetings are held at <br />35 6:00 p.m. before the Council meeting. Because the City Council is likely to want to hear <br />36 any additional testimony and have public discussion of this item, staff is recommending <br />37 that the EDA meeting be held after the Council meeting. <br />38 <br />39 Mr. Bill Griffith, Hartford Group, distributed and reviewed a copy of the site plan noting <br />40 Hartford conducted two market studies in relation to commercial and residential uses for <br />41 the site. He stated the approved plan requires the following: <br />42 <br />43 • Total residential development will not exceed 450units <br />44 • Affordable housing is required for 20% of the total units <br />45 • Maximum percentage of rental units will not exceed 49% <br />46 • Owner occupied housing may increase based on market conditions <br />. 47 • The general area designated for townhomes will be owner occupied housing <br />48 <br />