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• Pre -Plat (PC) — June 21 <br />• Final Plat Case due — July 5 <br />• Pre-Plat/Final Plat (CC) — July 10 <br />This schedule would contemplate the lots being available to close in mid July with immediate construction and <br />potentially open for Fall parade of homes tour. <br />Recommendation: <br />The development team recommends the HRA consider and approve the proposed deal structure presented and <br />direct the team to prepare a final purchase agreement for execution. <br />If the proposed deal structure is acceptable, the development team recommends the HRA accept the proposal by <br />Landform to prepare construction documents for the grading and utility improvements necessary to prepare the <br />property for sale. <br />With the previous approval of the Platting for COR THREE, Landform has commenced the preparation of the <br />preliminary and final platting necessary to meet the above schedule <br />Funding Source: <br />TBD - Immediate land sales, earnest monies, future land sales <br />Council Action: <br />Approve the proposed purchase agreement for seventeen lots in the North Commons area. <br />Approve the proposal from Landform to prepare plans for the improvements necessary to sell the proposed lots. <br />Site Plan <br />Landform Work Order <br />Attachments <br />Form Review <br />Inbox Reviewed By Date <br />Kurt Ulrich Jo Thieling 05/31/2012 04:26 PM <br />Form Started By: Darren Lazan Started On: 05/31/2012 01:51 PM <br />Final Approval Date: 05/31/2012 <br />