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1 <br />CITY COUNCIL <br />REGULAR MEETING STAFF REPORT <br /> AGENDA ITEM 1E <br />Katie Larsen, City Planner <br />May 13, 2024 <br />Consider Resolution No. 24-47 Approving Amendment to Open <br />Space Easement for Watermark <br />Simple Majority <br />STAFF ORIGINATOR: <br />MEETING DATE: <br />TOPIC: <br />VOTE REQUIRED: <br />INTRODUCTION <br />Watermark is a 372 acre master planned residential community consisting of 692 single family <br />lots and 172 townhome units totaling 864 housing units. The Open Space Easement is <br />required per the Master Development Agreement. The Easement protects the parks, open <br />space, wetlands etc. from any land disturbance that is not consistent with the Restoration and <br />Management Plan. <br />ANALYSIS <br />Open Space Easements have been previously recorded over the open space outlots. The <br />Amendment to Open Space Easement clarifies and confirms that the open space easement <br />actually covers the appropriate outlots. <br />RECOMMENDATION <br />Staff recommends Council approval of Resolution No. 24-47 Amendment to Open Space <br />Easement. <br />ATTACHMENTS <br />1.Resolution No. 24-47 <br />2.Amendment to Open Space Easement <br />53