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AGENDA ITEM 7F <br />STAFF ORIGINATOR: Michael Grochala <br />DATE: 05/12/03 <br />TOPIC: Resolution No. 03 -64 Authorizing Preparation of an <br />Environmental Assessment Worksheet for Lakes <br />Business Park <br />BACKGROUND: <br />The developers of Lakes Business Park are proposing to plat approximately 32 <br />acres on Lake Drive to create a site for a potential light industrial user, plus three <br />outlots for future development. <br />This size and type of development triggers an Environmental Assessment <br />Worksheet (EAW) to be completed by the city as the "responsible government <br />unit" (RGU). <br />SEH has submitted a proposal and schedule for the completion of this EAW <br />also. The traffic analysis will take into account both potential developments and <br />their impact on Lake Drive. The developers will be required to submit an escrow <br />of 110 percent of the cost of the EAW and will be sharing the cost of the traffic <br />analysis with developers of the Village project. <br />This EAW is anticipated to be complete late summer. <br />RECOMMENDATION: <br />Adopt Resolution No. 03 -64 authorizing preparation of an Environmental <br />Assessment Worksheet for the Lakes Business Park <br />