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LAKE ELMO CITY COUNCIL MINUTES <br /> AUGUST 21, 2012 <br /> <br />Page 10 of 15 <br /> <br /> Significant efforts to better install buffer provisions, providing transition areas between <br />rural and sewer residential development near the Stonegate neighborhood, resulting in a <br />proposed 100’ green belt including a public multi-use trail financed through parkland <br />dedication from development. <br />The proposed plan allows for a much greater range of housing densities than the City’s existing <br />plan, and the Met Council has indicated that the lower-density residential district that has been <br />proposed will be acceptable as long as the overall densities throughout the future sewer area with <br />the I-94 Corridor planning area achieve a minimum density of 3.5 units per acre. <br />The section pertaining to the Memorandum of Understanding (MOU) has also been updated to <br />reflect the update to this document that was recently approved. Under the revised MOU the City <br />was granted an extension of five years to meet the minimum Residential Equivalent Connection <br />(REC) unit counts that were included as part of this agreement. Staff has created a new <br />development staging chart to reflect the extension and to further reflect the revised land use plan. <br />The numbers included in Table 3-C in the plan meet the requirements of the MOU for total REC <br />units and also are consistent with the density ranges specified in the future land use map. As <br />development moves forward within the City’s sewer development areas, it is Staff’s intent to track <br />all future sewer connections and to document all of these connections as contributing towards the <br />City’s required REC units. <br />In addition to the proposed Land Use Plan, the Comprehensive Plan Amendment includes a new <br />Housing Plan as well. By making significant changes to the Land Use Plan, the City is required to <br />provide an updated Housing Plan that reflects the proposed changes in land use. The Planning <br />Commission thoroughly reviewed the Housing Plan, and revisions to this section were completed to <br />reflect the recommendations of the Planning Commission. <br />He shared the Staging plan which identifies growth areas; utilities, sewer and water and highlights <br />what areas the city will able to serve and in what order. It defines and protects the city from <br />developers wishing to extend infrastructure. He explained the details of the housing plan stating <br />with regard to future plans – no revisions were made by the planning commission. Statistics show <br />2779 home owner occupied properties in Lake Elmo at a 95% ownership rate. The average <br />residential property cost: $396K for Lake Elmo and $265K for Washington County; Persons per <br />household down in Lake Elmo to 2.9; Population over 65 years of age: 11% in 2010, showing we <br />have an aging population; Gap of 20-39 year old demographic in city; study of adjacent <br />communities is significantly lower compared to adjacent communities/jurisdictions. The following <br />goals were identified: <br /> <br />1) Support Family Neighborhoods <br />2) Walk-Ability <br />3) Expand Senior Housing Options <br />4) Greater Variety of Housing/Price Points/Rental Options <br /> <br />He stated the process would include the submission of the comp plan for adjacent community <br />review, submission to the Met Council within 60 to 120 days and the final approval back to the City <br />Council anticipated in December 2012 or January 2013.