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The Elk River Vision <br />A welcoming community with revolutionary and spirited resourcefulness, exceptional service, and community <br />engagement that encourages and inspires prosperity <br /> <br /> <br />Request for Action <br /> <br />To <br />City Council <br />Item Number <br />11.1 <br /> <br />Meeting Date <br />March 3, 2025 <br />Prepared By <br />Zack Carlton, Community Development Director <br /> <br />Item Description <br />Oakwater Ridge Subdivision: Capstone Proposal for <br />Specht Farm <br />Reviewed by <br />Cal Portner <br />Tina Allard <br /> <br />Action Requested <br />Discuss the development proposal and provide the applicant with direction regarding their project, including <br />park dedication and proposed lot sizes. <br /> <br /> <br />Background/Discussion <br />Capstone Homes has proposed a 533-lot residential subdivision on the property commonly known as the <br />Specht Farm. The proposal has been reviewed by the Planning Commission, Park and Recreation Commission, <br />and the City Council. Each entity has provided the developer with comments and feedback on the proposal, <br />and the developer has requested a Work Session meeting to discuss the comments with the City Council. <br />The three primary discussion points are park dedication, lot sizes, and street widths. <br /> <br />After the City Council meeting on February 18, 2025, the developer provided a response letter describing the <br />reasoning behind the design decisions. They have agreed to construct the city streets per the city standard. <br />They would like to further discuss park dedication and lot sizes, specifically the 50-foot lots. <br /> <br />The developer will consider the Council's feedback as they refine their plans in advance of the March 17 <br />public hearing, which was continued from February 18, 2025. <br /> <br />Financial Impact <br />None <br /> <br />Mission/Policy/Goal <br />Responsibly grow. <br />Support the growth and development of the community. <br />Opportunity to live, work, and play. <br /> <br />Attachments <br />1. Master PUD Plans dated 12-30-2024 <br />2. Site Rendering <br />3. City Council Meeting Recap received 2-21-2025 <br />Page 80 of 117