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Page 5 September 22, 1997 Mounds View City Council MOTION/SECOND: Koopmeiners/Stigney to approve Resolution No. 5163, Approving the Refinancing of the 1991 Fire Bonds. VOTE: 4 ayes 0 nays Motion Carried C. (1) Consideration of Interim Ordinance that Eacludea Granting Any New Residential Building Permits in the Highway 10 Corridor. Council member Stigney explained that this is a result of many resident's requests to not have any more housing on Highway 10. An initiative is being circulated to put this on the ballot, or a referendum to change some of the residential zoning on Highway 10 to business use. Mr. Stigney stated he feels it would be considerate far the Council to consider adopting an interim ordinance of this type until such time as the council can consider some of the requests of the residents. Attorney Long noted that there is a provision in the statutes in Chapter 462 that allows for an interim ordinance to be adopted by the City Council that would place a moratorium on certain types of uses as long as it is done in conjunction with a valid zoning study. If this were to take place, the Planning Commission would need to consider it, and hold a public hearing. An ordinance would need to be draped. • Mayor McCarty noted that the City currently has at least one P.U.D. in process on County Road I and Silver Lake Road. He wondered how this maybe impacted. Attorney Long noted that it could potentially be affected. The Council could develop an ordinance, however that would only apply prospectively. Mayor McCarty noted that this type of Ordinance would put things on hold for up to one year. He wondered if this would be a positive move as there are a number of residents who are against rezoning the property to business use. MOTION by Stigney to duect staff to prepare an Interim Ordinance that Excludes Granting Any New Residential Building Permits in the Highway 10 Corridor. MOTION FAILS FOR LACK OF SECOND. C. Conaiderat~n of Resolution No. 5154, a Resolution Approving the Devebpment Review Request of M5P Real Estate for the Properties Located at 2637 - 2665 Highway 10. Mr. Ericson explained that MSP Reat Estate is requesting approval of a revised Development Review for the Silver Lake Commons Project. He provided a brief summary of the project. Mr. Ericson noted changes that had made to the Resolution since the last council meeting. It was noted that the applicant has met all ordinance requirements. MOTION by Stigney to postpone Consideration of Resolution No. 5154, until the referendum issue is resolved. Mary Amirahmadi, 8330 Eastwood Road, stated she believed the petition for an initiative for rezoning and the petition for the referendum could be completed by the next Council Meeting on October 13, 1997. . MOTION FAILS FOR LACK OF SECOND.