Minutes - 2010/02/22 - Laserfiche WebLink

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� Mounds View City Council February 22, 2010 Regular Meeting Page 4 City Administrator to oversee but would not be within State Statutes. He noted that if desired, all inclusive language could be included such as "all required statutory provisions." MOTION/SECOND: Mueller/Gunn. To Waive the First Reading of Ordinance 841, Amending the Mounds View City Charter by Changing All Occurrences of "Clerk-Administrator" to "City Administrator" and Revising Sections 6.03 and 6.04 Regarding Duties of the Administrator and Treasurer. Ayes — 5 Nays — 0 Motion carried. B. Resolution 7580, Re-approval of the Final Plat for the Select Senior Living Development at Highway 10 & Groveland Road. Community Development Director Roberts reviewed the past Council action to approve the final plat and development agreement for the Select Senior Living development and advised that the City's approvals became void because the project was not started within the allowed 120 days. The Council has granted two 120-day time extensions and Select Senior Living is again asking the Council for a 120-day re-approval of the final plat and development agreement which would expire on June 22, 2010. He explained the tight financial market and change in lending practices has made it difficult for this project to obtain funding, as indicated in Mr. Larson's letter to the Council. Community Development Director Roberts stated staff recommends adoption of the draft resolution that would approve an extension for the project. Joel Larson, Select Senior Living, updated the Council regarding the Select Senior Living project and the difficulty that occurred when the rules in the banking industry changed. He stated they have secured additional cash through investors and anticipate that by the end of this month they will receive a financing commitment so the could move the project forward. Mr. Larson requested the Council act favorably on their request for a 120-day extension. Council Member Mueller asked about Select Senior Living's other two projects. Mr. Larson stated that Select Senior Living at Coon Rapids received occupancy pernuts one year ago and is currently 96°Io full. Because of the banking issues, their Fridley project is currently on hold after completing the City process and preliminary approval with conditions. Community Development Director Roberts asked how long construction would take. Mr. Larson stated it takes ten months from the time they start until they open the doors. Council Member Mueller asked about part- and full-time jobs. Mr. Larson stated construction creates over 100 temporary jobs and after it is open, there would be some part-time and about 25 full-time positions. Mayor Flaherty stated this Council has been in support of the project. MOTION/SECOND: Gunn/Mueller. To Waive the Reading and Adopt Resolution 7580, Re- Approving the "Select Senior Living" Final Plat and Development Agreement: Mounds View Planning Case No. MA2008-002. u • •