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"THE RIDGES OF RICE LAKE" <br /> • <br /> OPEN SPACE DEVELOPMENT <br /> DENSITY FORMULA RATIONALE <br /> BASE ACREAGE: 273.56 <br /> 10-ACRE ZONING DENSITY: 27.20 <br /> 2.15 ACRE CLUSTER DENSITYWITH SEWER: 58.48 <br /> COMMON THEME 5% <br /> PUBLIC USE 5% <br /> 60%OPEN SPACE 5% <br /> DEED RESTRICTION/ EASEMENT 5% (70.18 LOT DENSITY) <br /> Common Theme: <br /> Dynamics proposes to provide the following amenities as a common theme: <br /> • Park benches <br /> • Professionally landscaped islands that have a common planting theme <br /> • An entrance house in the center island entrance. <br /> 1110 • Matching vertical entrance kiosks. <br /> • Safety shelters along the trails. <br /> • 8,500 feet of privately owned walking/hiking trails <br /> • 1 mile of privately owned 6'paved bike trail <br /> • Side load garages <br /> • Street Corner Monuments <br /> Public Use: <br /> Per the consensus of the Park Commission, Dynamics is proposing a 27-acre park that would be <br /> deeded to the City of Elk River in the future when the Life Estate to farm expires by the current <br /> property owner and farmer, Mr. Richard Thompson. <br /> Open Space <br /> Over 60%of the 275 acres will be used as open space. Much of this land will be preserved in its <br /> natural state, with approximately 50 acres to remain in crop production. Most of the open space <br /> will be accessible through private mowed, or wood chip trails. Trail locations have been <br /> proposed in areas where existing trails and mobility are suitable. Signs, and a rest shelter will <br /> also be installed for these private trails. <br /> Deed Restriction/Conservation Easement <br /> The open space areas will be placed under a deed restriction, or conservation easement as agreed <br /> • by the City of Elk River. 27 acres of open space would eventually be public park. <br />