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<br />. <br /> <br />. <br /> <br />. <br /> <br />Mr. Pat Klaers <br />June 23, 1999 <br />Page Five <br /> <br />15. Trott Brook Farms <br /> <br />This is the approximately 630-unit residential development located on the Schultz <br />property north of County Road 12. We are currently reviewing the final construction <br />plans for the first phase of that improvement. The first phase includes the four plats <br />recently approved by the City Council. We anticipate that the Developer will be <br />submitting final utility and street plans and specifications within the next month. The <br />Developer has indicated he will be proceeding with the final platting of the first phase in <br />June. <br /> <br />16. Elk River Crossing <br /> <br />This is the commercial development on the Earl Hohlen property. Recently, the City <br />Council gave preliminary plat approval to this project. The City is in the process of <br />acquiring two private pieces of property to facilitate this project. Until these acquisitions <br />are complete, we do not anticipate the project to proceed onto final plat. It is anticipated <br />that the Developers will start the mass grading of this project sometime in the late <br />summer or early fall of 1999, followed immediately by utility and street construction and <br />the initiation of the building for the first major tenant in the development. <br /> <br />17. <br /> <br />Vandenberg Industrial Development <br /> <br />This is the development of the 40-acre industrial site just south of Elk River Crossing. <br />This project received preliminary plat approval some time ago. We have been meeting <br />with the Developer to coordinate the timing of the final plat, internal improvements, and <br />the start of the first building. From our latest meeting, it appears that a building could be <br />started in the early summer of 2000, anticipating that the building would be ready for <br />occupancy by winter as well as the public improvements and streets necessary to <br />service the building. <br /> <br />18. Lafayette Woods Third Addition <br /> <br />This project is the three small cul-de-sacs in the Lafayette Woods Development. The <br />Developer put in the sewer and water earlier this spring. It is now waiting for street <br />construction. We recently approved the final development plan on this project and <br />started to issue building permits. <br /> <br />19. Cherrywood Hills Second Addition <br /> <br />This is the development that is just southeast of Lafayette Woods. The Developer has <br />initiated construction on the second addition, which will complete that project. The <br />Contractor is currently completing the streets. We anticipate that it will be a few weeks <br />before the project is complete and ready for building permits. <br /> <br />O:\PROJ\230000M\OOO-2302.june99.doc <br /> <br />Howard R. Green Company <br />CONSULTING ENGINEERS <br />