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7 <br />A Development Agreement is typically required with final plat to detail City and <br />Developer responsibilities and establish securities and escrows. Since there are <br />no developer or city Improvements or public land dedication required with the lot <br />line adjustment, a development agreement is not required. <br /> <br />The developer shall place iron monuments at all lot, block, and outlot corners and <br />at all other angle points on boundary lines consistent with the final plat. <br />Comprehensive Plan <br /> <br />Drilling Estates preliminary plat and final plat (lot line adjustment) are consistent <br />with the goals and policies of the comprehensive plan in regards to land use, <br />housing, economic development, transportation, local water management plan, <br />sanitary sewer, water supply and parks, greenway and trails. <br /> <br />Land Use Plan <br /> <br />Per the 2040 Comprehensive Plan, the parcel is guided low density residential <br />development. The proposed Drilling Estates lot line adjustment between two (2) <br />existing single family detached dwellings is consistent with the Comprehensive <br />Plan. <br /> <br />Housing Plan <br /> <br />A goal of the housing plan is to maintain existing housing stock to insure a high- <br />quality environment in all residential neighborhoods. Drilling Estates meets this <br />goal of the housing plan. <br /> <br />Economic Development <br /> <br />The proposed Drilling Estates lot line adjustment between two (2) existing single <br />family detached dwellings does not negatively impact the City’s economic <br />development plan. <br /> <br />Transportation Plan <br /> <br />A goal of the transportation plan is to ensure that streets are as safe as possible. <br />The proposed Drilling Estates lot line adjustment between two (2) existing single <br />family detached dwellings does not negatively impact the City’s transportation <br />plan. <br /> <br />Local Water Management Plan <br /> <br />The purposes of the water management program are to protect, preserve, and <br />use natural surface and groundwater storage and retention systems, and prevent <br />erosion of soil into surface water systems. <br />