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<br /> <br />I. INTRODUCTION <br /> <br />Windsor Oaks of Elk River is a 33 lot residential open space development that will <br />take advantage of the natural setting of woods, natural wetlands, man made ponds, <br />and trails. The development will keep the homes tucked away in the woods of the <br />northern half of the 62 acres and will be entered from the south with landscaped <br />boulevards, sidewalks ponds, fountains all to match a grand entrance island. <br /> <br />The lighting in the project will be designed with the decorative streetlights and also <br />decorative lights along the trail adjacent to the entrance road near the 2 man made <br />ponds that will both have lighted fountains and a creek connecting the two ponds <br />with a bridge crossing. Windsor Oaks of Elk River will be another quality residential <br />development in Elk River. <br /> <br />In Windsor Oaks of Elk River, 29 of the 33 lots will be walkouts and every lot is <br />adjacent open space areas and woods. <br /> <br />II. DENSITY FORMULA PER SUBDMSION ORDINANCE <br /> <br />A. 2.5-acre zoning density with incentives yields 33 lots on 62.28 acres. <br /> <br />* The calculations are attached as Exhibit A. <br /> <br />n. RATIONALE FOR DENSITY <br /> <br />A. Base Density with Community Sewer <br /> <br />Per ordinance <br /> <br />B. Endowment <br /> <br />An endowment fund will be created for the Homeowner's Association for <br />the open space per ordinance requirements. <br /> <br />c. Providing Public Access <br /> <br />The Park Commission recommended that the interior trails be available to <br />the public and be credited as a "public value credit". In addition staff <br />requested that a backstop and small ball field be installed in the southern <br />part of the property. This field would be mowed by the homeowners, but <br />would be available to the public. <br /> <br />1 <br />