#15 - Inwood 8th Add Prelim Plat, PUD & Comp Plan Amend

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Inwood Townhomes Page 7 • Parking is screened from public streets. • Townhomes that front a public street are rear loaded. • Buildings provide multiple roof lines and visual interest. P H A S I N G We are proposing to begin construction on the first phase in spring of 2025, the second phase in the spring of 2026, and the third phase in spring of 2027. L A N D S CA P I N G / TR E E P R ES E RVAT IO N The landscaping plan is included with the submittal. M/I Homes has also previously completed all of the landscaping and berming along 5th Street as part of the Inwood PUD. This landscaping includes the boulevards adjacent to the subject property. There are only six boulevard trees proposed to be removed along 5th Street North to facilitate construction, which will be replaced in similar locations. We have provided sufficient boulevard trees, meeting the 50-foot spacing requirement for both the townhome and apartment site and have provided the sufficient number of trees required per area of disturbance (this includes the trees that will remain on site). Parking lot landscaping meets landscaping area and shade tree requirements. TOW N H O ME IN FO R M AT I O N The townhomes in the proposed development will consist of M/I’s Carriage and City Collection townhomes. The different townhome designs provide for added character and visual interest within the neighborhood as well as varying prices. The two-story Carriage Collection is planned to be positioned to the south and east of the site, adjacent to the existing single-family homes, with the three-story City Collection along public street frontages. A variety of exterior colors will be used throughout the neighborhood to provide additional visual interest while avoiding a monotony of colors. The Carriage Collection offers a range of design features and options and ranges in size from 1,667 square feet to 1,772 square feet with 3 bedrooms and 2.5 bathrooms. The City Collection plans will provide up to 4 bedrooms and 3.5 bathrooms ranging from 1,898 square feet to 2,080 square feet. R E S T R I C T IV E C OV E N A N TS Inwood Townhomes will have a Homeowners Association (HOA) that will provide for the maintenance of the overall common elements in the community, including landscaping and irrigation of the common areas, snow removal from sidewalks and private streets, and exterior maintenance. In the unlikely event that the site runs out of snow storage, the HOA service will haul out snow from the site. The HOA will also provide for restrictions on outdoor storage, parking (no boats, campers, or trailers) in order to keep the community looking orderly and well maintained. FEES With the single-family portion of the development, the Developers Agreements for each addition detailed the following: • Parkland. The Development Contract for Inwood dated June 9, 2015 detailed that park dedication fees were satisfied for the single-family portion of the Inwood Development with the dedication of Outlot L (net 10.73 acres) and that the 1.16 acres of excess park dedication credit was to be applied for the future multi-family residential area as conceptually shown on the Inwood PUD concept plan. • Sewer and Water Availability Charges. M/I Homes was responsible for paying $3,000 for both Sewer Availability Charge (SAC) and Water Availability Charge (WAC) per residential equivalency