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Request for Action <br />To Item Number <br />Ma Tor and CinT Council 4.14 <br />Agenda Section Meeting Date Prepared by <br />Consent June 20, 2022 Zack Carlton, Communit�r Development Director <br />Item Description Reviewed by <br />Planned Unit Development Agreement Cal Portner, Citv Administrator <br />BroadwayT on 10 Reviewed by <br />Action Requested <br />Approve, by motion, the PUD agreement for the Broadway on 10 residential development. <br />Background/Discussion <br />On Jul�r 6, 2021, the Cityr Council approved the BYoadway on 10 Planned Unit Development (PUD). The approval <br />includes one 91-unit apartment building and 24 townhome units. The conditions of approval for the PUD require <br />a PUD agreement be approved byT the cityT and recorded `vith Sherburne CountyT. <br />The attached PUD agreement outlines the uses, site plan, and design standaYds foY the development The <br />approval does not require development of the entire site at once and the developer is planning to begin with the <br />apartment building and move forward with the townhomes in the future. AnyT changes to the approved site plan <br />or uses will require review and approval from the CityT Council. <br />Financial Impact <br />None <br />Mission/Policy/Goal <br />The development supports the growth and development of residential properties in the cityT. <br />Attachments <br />■ Broadway on 10 PUD Agreement <br />The Elk River Vision <br />A 2a�elcolning co�nlnunity 2a�ith T evolutiona� y and spizzted T esou� cefulness, exceptional <br />se�vice, and coln�nunity engagelnent that encou�ages and ins�iz•es pTo�pe�zty. <br />rowEREo ar <br />�I'1 ���� <br />Up�iited.• August 2020 <br />