Agenda Packets - 2010/03/22 - 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 1 inclusive language could be included such as “all required statutory provisions.” 2 3 MOTION/SECOND: Mueller/Gunn. To Waive the First Reading of Ordinance 841, Amending 4 the Mounds View City Charter by Changing All Occurrences of “Clerk-Administrator” to “City 5 Administrator” and Revising Sections 6.03 and 6.04 Regarding Duties of the Administrator and 6 Treasurer. 7 8 Ayes – 5 Nays – 0 Motion carried. 9 10 B. Resolution 7580, Re-approval of the Final Plat for the Select Senior Living 11 Development at Highway 10 & Groveland Road. 12 13 Community Development Director Roberts reviewed the past Council action to approve the final 14 plat and development agreement for the Select Senior Living development and advised that the 15 City’s approvals became void because the project was not started within the allowed 120 days. 16 The Council has granted two 120-day time extensions and Select Senior Living is again asking 17 the Council for a 120-day re-approval of the final plat and development agreement which would 18 expire on June 22, 2010. He explained the tight financial market and change in lending practices 19 has made it difficult for this project to obtain funding, as indicated in Mr. Larson’s letter to the 20 Council. Community Development Director Roberts stated staff recommends adoption of the 21 draft resolution that would approve an extension for the project. 22 23 Joel Larson, Select Senior Living, updated the Council regarding the Select Senior Living project 24 and the difficulty that occurred when the rules in the banking industry changed. He stated they 25 have secured additional cash through investors and anticipate that by the end of this month they 26 will receive a financing commitment so the could move the project forward. Mr. Larson 27 requested the Council act favorably on their request for a 120-day extension. 28 29 Council Member Mueller asked about Select Senior Living’s other two projects. Mr. Larson 30 stated that Select Senior Living at Coon Rapids received occupancy permits one year ago and is 31 currently 96% full. Because of the banking issues, their Fridley project is currently on hold after 32 completing the City process and preliminary approval with conditions. Community 33 Development Director Roberts asked how long construction would take. Mr. Larson stated it 34 takes ten months from the time they start until they open the doors. 35 36 Council Member Mueller asked about part- and full-time jobs. Mr. Larson stated construction 37 creates over 100 temporary jobs and after it is open, there would be some part-time and about 25 38 full-time positions. 39 40 Mayor Flaherty stated this Council has been in support of the project. 41 42 MOTION/SECOND: Gunn/Mueller. To Waive the Reading and Adopt Resolution 7580, Re-43 Approving the “Select Senior Living” Final Plat and Development Agreement: Mounds View 44 Planning Case No. MA2008-002. 45