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Page 4 of 6 <br />DISCLAIMER: concept project information based on preliminary assumptions. Changes will occur. September 3, 2019. Trident Development LLC. <br /> <br />SOILS— <br />Developer anticipates a water table depth of 7’-15’ and mixed silt/ clay/ sandy soils. A geotechnical soils <br />test, and a site survey, will be ordered after completion of sketch plan review. Additional information <br />will be provided upon formal PUD application. <br /> <br />WETLANDS— <br />No wetland impacts are expected for this project. <br /> <br />STORM WATER/ IMPERVIOUS SURFACE— <br />The developer will provide detailed design within subsequent formal PUD application. Generally, the <br />developer expects stormwater management to occur on the northern and southeastern portion of the <br />property. Developer anticipates working with local watershed management organization for <br />appropriate permit/ approval. It is assumed this site is currently 85% covered by impervious surface—it <br />is assumed the new proposed development will include 60-65% impervious surface coverage. <br /> <br />LANDSCAPING— <br />The landscaping plan will incorporate a variety of deciduous, coniferous and ornamental trees, together <br />with quantities of shrubbery. Care will be taken to avoid planting trees over utility lines. Significant <br />shrub and flower plantings will be organized in various accent planting beds across the subject property. <br />All areas of the site to be landscaped and/or sodded will be irrigated with an underground automatic <br />irrigation system. <br /> <br />ENVIRONMENTAL INVESTIGATION— <br />This site has gone through various pervious environmental investigations (via Landmark Environmental <br />and SEH), environmental monitoring, and environmental review by the Minnesota Pollution Control <br />Agency (MPCA). <br /> <br />A Response Action Plan (RAP)/Construction Contingency Plan (CCP) likely will be required by the MPCA <br />for any future development, as contaminated soils and water still exists on this site; and the potential <br />for uncovering know/unknown pockets of contamination, debris, unknown wells, and unknown tanks <br />during any future construction remains likely. Additionally, the developer will likely need to utilize <br />certain enhanced building design standards to avoid potential conflicts (for example, an active vapor <br />mitigation system, soil mitigation, etc.). <br /> <br />TAX INCREMENT FINANCING (TIF)— <br />The developer is proposing that 20% of units (15) within this proposed project be provided for residents <br />making 50%, or less, of the local area median income (AMI). Correspondently, the developer is <br />requesting the use of Tax Increment Financing (TIF), via a 25-Year Housing TIF District, to support said <br />affordable units. The developer is requesting the city direct the developer to submit a formal <br />application. <br /> <br /> <br /> <br /> <br /> <br /> <br />