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<br />3 <br /> <br />7. NEW BUSINESS <br /> <br />Watermark Park Shared Parking Lot <br />In conjunction with the final design of Watermark Park located to the northwest of the HOA <br />clubhouse, City staff and the developer are working together on a plan to create a shared <br />driveway and provide parking on the Watermark Park site. Below is the preferred design, with <br />the developer installing both parking lots at the same time with the City reimbursing the <br />developer for our portion, approximately $55,000. Each parking lot consists of 15 stalls. <br /> <br />Mr. Kusterman asked, where is the $55,000 coming from for the parking lot? Mr. DeGardner <br />stated the money is coming from the Watermark designated park fund. <br /> <br />Mr. Termont asked what criteria was used to decide the size of the parking lot. Mr. DeGardner <br />stated we split the size of the parking lot with the HOA. <br /> <br />Matt Bechel, 7300 Watermark Way - stated this is the first time he is seeing the parking lot <br />information. He is willing to get residents opinions. <br /> <br /> <br />B. Watermark Park Playground Design Process <br />Several residents in the Watermark Development have expressed interest in being involved in <br />the design process for the playground equipment and challenge course. Staff is working out <br />the final details with Northland Recreation and plans on sending out the initial email to those <br />interested within the next 1-2 weeks.