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Watermark 5th Addition and Watermark 6th Addition are located within the current Utility <br /> Staging Area 1 A (2018-2025) and next Utility Staging Area 1 B (2025-2030). <br /> 2. The proposed development must be master planned. Small,piecemeal developments do <br /> not justify redefining the 10-year staging area, or five-year phase. <br /> The entire Watermark development is a Planned Unit Development master plan. <br /> 3. The proposed, master planned project must provide discernable public values. <br /> Council Resolution No. 16-51 approved the Watermark PUD Development Stage <br /> Plan/Preliminary Plat and detailed discernable public values. <br /> 4. Adequate infrastructure must be available to support development. Appropriate analysis <br /> will determine if adequate infrastructure is available and what utility extensions and <br /> transportation improvements are required to support new development. <br /> Adequate infrastructure is available to support the Development. Infrastructure needs <br /> were analyzed with approval of the PUD Development Stage Plan. <br /> 5. There must be a commitment that the development will pay its proportionate share of <br /> infrastructure improvement costs associated with development. <br /> The Developer shall enter into a Development Agreement with the City committing to pay <br /> its proportionate share of the infrastructure improvements; and <br /> WHEREAS,the Development is found to meet the criteria to allow development to occur early <br /> in a 10-year staging area; and <br /> WHEREAS,the proposed Development is not considered premature and meets the performance <br /> standards of the subdivision and zoning ordinance; and <br /> NOW, THEREFORE,BE IT RESOLVED by the City Council of the City of Lino Lakes: <br /> FINDINGS OF FACT <br /> 1. The final plat substantially conforms to the approved preliminary plat subject to the <br /> conditions listed below. <br /> 2. The City Attorney reviewed the status of title/property ownership related to the final plat <br /> with conditions listed below. <br /> 3. A Development Agreement has been drafted and shall be executed. <br /> 4. Conditions attached to approval of the preliminary plat have been fulfilled or secured by <br /> the Development Agreement. <br /> 5. All fees, charges and escrow related to the preliminary or final plat have been paid in full. <br /> 2 <br />