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5 <br />ii. The use or development conforms to the City of Lake Elmo Comprehensive Plan. <br />The property is currently zoned as Village – Mixed Use (VMX) according to the City’s current <br />Land Use Plan. As discussed in the 2040 Comprehensive Plan, the site is guided as Village – <br />Mixed use (VMU) which states: <br />“This land use designation is used in the center of the Village Planning Area to identify an area <br />where a mix of vertically integrated commercial/business and residential uses provide <br />development types that benefit from proximity to each other. More residents in closer proximity <br />to businesses bring greater traffic to the businesses while these same businesses offer convenient <br />and necessary services and amenities to nearby residents. Together, the dynamics of a mixed-use <br />district can establish unique vitality, synergy of activity and a true community destination. Land <br />with this designation is assumed to redevelop or develop with a minimum of 50% residential use <br />with a density ranging from 5 to 10 dwelling units per acre (5 – 10 du/acre).” <br />We believe that introducing 30 high-quality, single-family attached twinhomes contributes to <br />these goals by increasing the population that will help support the nearby businesses. <br />Additionally, the proposed density for the project lies within the range that is identified within <br />the Comprehensive Plan. <br />iii. The use or development is compatible with the existing neighborhood. <br />We believe that the proposed development is compatible with the adjacent neighborhoods <br />because of the following: <br />A) we are introducing two-story residential units which are similar in height. <br />B) The units will have similar exterior siding and roofing with a variety of colors and siding <br />types (lap, board & batten, shakes, etc.). <br />C) A variety of roof lines. <br />D) Having the primary entrances facing the street that will give future residents direct access to <br />the new sidewalk and trail systems, and provide access to the adjacent neighborhoods and <br />business. <br />E) Introducing landscaping techniques that will be similar and consistent with the neighboring <br />communities. <br />Proposed Financing <br />We propose to finance this project with funds currently in-hand and bank loans. <br />Proposed Schedule (phases): <br />Spring/Summer 2023 <br />• Site mass grading <br />• Sanitary sewer, water, storm sewer utilities installation <br />• Sewer/Water to be tested and approved by the City <br />• Small utilities installed <br />• Install curbs and asphalt pavement (first lift) <br />Summer/Fall 2023 <br />• Begin digging and placing foundations for all 30 units