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Chairperson introduced the following resolution and moved for its adoption: RESOLUTION #06-08- A RESOLUTION. APPROVING THE ISSUANCE OF A VARIANCE AND DECLARING TERMS OF SAME. WHEREAS, HTG Architects, hereinafter referred to as "Applicant," has properly applied for a variance from Section 9.20.25(3)(b) regarding minimum Floor Area Ratio (F.A.R.) requirements in the TC-2 Commercial Zoning District, on the property legally described as follows: Outlot H, Ramsey Town Center 1st Addition -Or Upon Recording- Lot 1, Block 1, Ramsey Town Center 14th Addition WHEREAS, the Board of Adjustment met on August 3, 2006, conducted the public hearing and adopted findings of fact relating to the request for a variance from the Floor Area Requirement in the TC-2 Commercial Zoning District as part of the development of the Subject Property . NOW THEREFORE, BE ITRESOL VED BY THE BOARD OF ADJUSTMENT OF THE CITY OF RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows 1. Based on Resolution #06-08- adopting Findings of Fact # , a variance to the minimum Floor Area Ratio in the TC-2 Commercial Zoning District, as established in Section 9.20.25(3)(b) of the Ramsey City Code, is approved for the development of a bank. 2. That the Applicant is allowed to have a Floor Area Ratio of 0.24 on the future Lot 1, Block 1, Ramsey Town Center 14th Addition. J. The development of Lot 1, Block 1, Ramsey Town Center 14th Addition shall be in accordance with the Preliminary Site Plan prepared by URS dated July 11,2006 and as amended in the future. 4. The Permittee shall be responsible for all City costs incurred in processing the variance request. The motion for the adoption of the foregoing resolution was duly seconded by Board Member , and upon vote being taken thereon, the following voted in favor thereof: 18