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Councilmember Musgrove aye <br /> Councilmember Menth aye <br /> Councilmember Riley aye <br /> Mayor LeTourneau aye <br /> Motion carried. <br /> 7.06: Receive Request to Reconsider Greenway Terrace 2"Addition; Case of Aeon <br /> Deputy City Administrator Gladhill reviewed the staff report and acknowledged that the City <br /> Council took two previous actions to allow the Purchase Agreement to expire, staff is seeking <br /> policy direction without making a staff recommendation. Staff acknowledges that subsequent <br /> discussions pertaining to multifamily housing have occurred at the Council level and is forwarding <br /> this request per the appropriate policies. Since a request has been made, staff cannot deny at an <br /> administrative level. That being said,there did appear to be some support in moving forward based <br /> on recent worksession discussion. <br /> Sarah Harris, Aeon, stated that she understands that the Council spent time discussing this project <br /> in a recent worksession. She stated that they are eager to bring more workforce housing to the <br /> City of Ramsey. She stated that they have been working on this site for some time, noting that <br /> Greenway Terrace phase one anticipated phase two. She explained that the purchase agreement <br /> lapsed because they were not able to secure funding. She believed that they would be successful <br /> in the funding process this year, noting that funding applications need to be submitted by mid-July <br /> and a letter of intent would be necessary in order to submit the application. She stated that they <br /> are encouraged by the market in the Ramsey area, noting that phase one received three times the <br /> number of applications compared to the number of units and therefore there is demand for this <br /> housing product. She stated that because of the lengthy process, if they were awarded funding this <br /> year, they would not begin construction until 2022. <br /> Mayor LeTourneau stated that the product is outstanding and there is a need demonstrated based <br /> on the number of applications received for phase one. He referenced commercial development <br /> that is moving forward or planned for the future. He asked how this could provide housing for the <br /> commercial development in Ramsey. <br /> Ms. Harris replied that construction workers, during the time of construction, contribute to the <br /> local economy. She stated that the residents of the housing product would also contribute to the <br /> local businesses. She noted that a letter of support was included in the staff report from a local <br /> restaurant that echoed the comments that both construction and long-term residential traffic would <br /> help to support their business. <br /> Councilmember Menth stated that he is a long-term supporter of Aeon, noting that this proposed <br /> project would check off several boxes. He noted that this would provide customers for local <br /> businesses and the zoning supports this type of product and would provide affordable housing in <br /> Ramsey. He stated that he toured phase one and the building is clean and is the type of <br /> development Ramsey would want. <br /> City Council/June 9, 2020 <br /> Page 13 of 17 <br />