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Planning & Zoning Board <br />January 8, 2003 <br />Page 32 <br /> APPROVED MINUTES <br />conditions of approval and included in the development agreement. The phasing plan <br />lists which lots/units will be final platted in each year following preliminary plat <br />approval. <br />Staff noted that Exhibit 1 provides a progr essive explanation of the inventory of <br />approved phasing plans, or final platting schedule. The schedule includes a column for <br />each year and a row for each development project. The approval of Stoneybrook in <br />2002 included a phasing plan that allows 51 lots to be final platted in 2002 and the <br />remaining 52 in 2003. (Lots can carry over to the next year to some extent.) <br />Staff presented the exhibits as follows: <br />Exhibit 1, pages two and three show additional (imaginary) projects and their phasing <br />plans. According to the schedule, Caroline’s Estates could final plat 47 lots in 2003, 49 <br />lots in 2004, 49 in 2005, and the last 23 in 2006. <br />Page four shows the lots platted in 2002 (prior to the growth management policy being in <br />place) and the total for the projects, assuming additional projects will make up the 147 <br />each year. <br />Page five illustrates several things. It shows that we have an existing inventory at the end <br />of 2002 (about 208 lots) that is not governed by the new policy. It also shows that by <br />year end 2005, the existing inventory of lots will be used up and the annual target of 147 <br />new housing units will be achieved. That is, since the left over inventory is used up, only <br />the lots that are final platted according to the phasing plan schedule will be available. As <br />long as the City follows the policy, 147 new lots will come on line annually, and that is <br />all that can be built on. <br />Mr. Corson asked about the timing of approvals. Mr. Smyser stated staff will look at the <br />existing infrastructure, MUSA, etc. together with the premature development criteria. <br />Staff noted there is some flexibility built into the policy, as explained in paragraphs four <br />and five of the ordinance. <br />Staff advised that the moratorium on residential development expires in February. <br />Because of this, is important for the P & Z to make a recommendation to the City <br />Council at tonight’s meeting. The ordinance is scheduled for a first reading by the City <br />Council on Monday, January 13. Staff recommended the adoption of the Growth <br />Management Ordinance. <br />Chair Schaps asked if anyone in the audience would like to make comment. <br />Eileen Couture, 6973 Lakeview Drive, stated she has lived in Lino Lakes for 20 years <br />and seen the rapid expansion. Because of that, she stated she thinks an annual review is <br />an important thing to assure things remain in check. She asked how individual lot splits <br />would be addressed.