Adopt Resolution #26-062, Approving a Final Plat and Development Agreement for Waterfront Village 3rd Addition

On February 13th, 2024, the City Council approved the Preliminary Plat and Site Plan for Waterfront Village. The first and second phases of construction are underway.  The proposed plat is consistent with the Preliminary Plat that the City Council approved on February 13, 2024.

The Applicant has now brought forward the third phase of development, titled "Waterfront Village 3rd Addition". This plat consists of the following:

• 32 detached townhome lots;
• Outlot A, which serves as an extension of Alpaca Terrace (a private street) to serve the 16 lots in Blocks 1 and 2;
• Outlot B, which serves as an extension of Bison Terrace (another private street) to serve the 16 lots in Blocks 3 and 4;
• Outlot C, which serves as a pedestrian trail along Bunker Lake Boulevard to serve the front porches of houses to be built in Block 1;
• Outlot D, which serves as a planned private park for the development;
• Outlot E, which serves as a pedestrian connection between Bison Terrace and the western trail to serve the front porches of houses to be built in Block 4;
• Outlot F, which includes the balance of undeveloped property reserved for a future phase of Waterfront Village.

No notification is needed for this action.

All costs associated with this request are the Applicant's responsibility.

Staff recommends approval of the Final Plat and Development Agreement.

Motion to adopt Resolution #26-062, Approving a Final Plat and Development Agreement for Waterfront Village 3rd Addition.