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Adopted 044-05 <br />Page 10 <br />4. The association must be responsible for liability insurance, local taxes, and the <br />maintenance of residential and other facilities; <br />5. The individual homeowners must pay their share of associated costs as outlined in <br />the homeowners association documents; and <br />6. The association must be able to adjust the assessment to meet changed <br />circumstances and needs. <br />Subd. 6. Calculation of density <br />A. The base density shall be 2 units per 10 acres. <br />B. The following density bonuses may be granted at the discretion of the City Council, <br />resulting in a maximum density of 3 units per 10 acres. <br />1) Creating an endowment to the land trust or homeowners' association where the <br />principal would generate sufficient annual interest to cover the conservation <br />easement holder's yearly costs (suggested 10 percent bonus). <br />2) Providing for access by the general public to trails, parks, or other recreational <br />facilities, excluding golf courses (suggested 10 percent bonus). <br />3) Providing an additional 25 percent open space above the required 50 percent <br />preserved eligible land. The additional open space shall be buildable area <br />(suggested 50 percent bonus). <br />4) Reusing existing buildings and structures or preserving specific site features <br />inventoried by the County, City, or State historical preservation office (suggested <br />10 percent bonus). <br />5) Providing covenants to create an architectural theme to include items such as <br />porches, side or rear loaded or detached garages (suggested 20 percent bonus). <br />Landscape theme, lighting theme, and open space/central meeting place shall <br />make up 10 percent of the density bonus and additional architectural elements <br />shall make up 10 percent of the density bonus. A written narrative describing the <br />architectural theme shall be provided with the preliminary plat. <br />6) Maximum lot sizes one-half acre with community septic system (suggested 10 <br />percent bonus). <br />7) Where the project contains environmentally significant open space (suggested 10 <br />percent bonus). is <br />