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Planning & Zoning Board <br />October 10, 2018 <br />Page 3 <br />APPROVED MINUTES <br />Katie Larsen, City Planner, presented the staff report. <br /> <br />Mr. Stimpson asked if there was concern around Lennar’s financial standpoint. Ms. <br />Larsen explained that similar comments have been echoed at Council level. The <br />master development agreement is being developed and will lay out all responsible <br />parts for the parties involved. The city is looking for commitments on park land and <br />plan on establishing easements for open space. <br /> <br />Mr. Ruhland asked for clarification on the berm length during phase 1. Staff stated <br />that there is a fence and berm required by the town homes and a berm is required <br />along the east side. <br /> <br />Mr. Laden asked for clarification regarding the trail connections. The trail will be <br />connected to the Park and Ride. <br /> <br />Paul Tabone, Entitlement Manager with Lennar, 16305 36th Ave N, Plymouth, MN <br />addressed the board. He stated that Lennar is intending to expand the grading <br />operations and be in a position to take down additional land from Mattamy in the <br />Spring of 2019. <br /> <br />Chair Tralle stated there is some apprehension from the Boards regarding how this <br />project will continue moving. Mr. Tabone stated he understands the apprehension <br />and wants to be successful. Board members had questions about future phasing and <br />housing price points. <br /> <br />Mr. Tabone explained that they haven’t determined the extent of future phases but to <br />intend to build out the site in conformance with preliminary plat. He stated <br />townhomes will start mid to high $200,000 and single family homes will start low to <br />mid $300,000. <br /> <br />Mr. Root made a MOTION to recommend approval of the Watermark PUD Final <br />Plan/Final Plat. Motion was supported by Mr. Evenson. Motion carried 6-0. <br /> <br />VI. DISCUSSION ITEMS <br /> <br />A. 2040 Comprehensive Plan Update: Proposed Mixed Use and Density Changes <br /> <br />Michael Grochala, Community Development Director, presented the staff report and <br />reviewed the proposed changes. <br /> <br />The board was in agreement with changing the Lake Drive and Vicky Lane Mixed <br />Use area to Medium Density Residential. <br /> <br />Mr. Grochala explained that five new land use districts are being proposed with the <br />intent to differentiate existing mixed use areas. <br />