Laserfiche WebLink
CC Regular Session <br />Meeting Date: <br />03/24/2026 <br />Primary Strategic Plan Initiative: Promote economic growth and development. <br />5. 6. <br />Title: <br />Adopt Resolution #26-062, Approving a Final Plat and Development Agreement for Waterfront Village 3rd <br />Addition <br />Purpose/Background: <br />On February 13th, 2024, the City Council approved the Preliminary Plat and Site Plan for Waterfront Village. <br />The first and second phases of construction are underway. The proposed plat is consistent with the Preliminary <br />Plat that the City Council approved on February 13, 2024. <br />The Applicant has now brought forward the third phase of development, titled "Waterfront Village 3rd Addition". <br />This plat consists of the following: <br />• 32 detached townhome lots; <br />• Outlot A, which serves as an extension of Alpaca Terrace (a private street) to serve the 16 lots in Blocks 1 <br />and 2; <br />• Outlot B, which serves as an extension of Bison Terrace (another private street) to serve the 16 lots in <br />Blocks 3 and 4; <br />• Outlot C, which serves as a pedestrian trail along Bunker Lake Boulevard to serve the front porches of <br />houses to be built in Block 1; <br />• Outlot D, which serves as a planned private park for the development; <br />• Outlot E, which serves as a pedestrian connection between Bison Terrace and the western trail to serve the <br />front porches of houses to be built in Block 4; <br />• Outlot F, which includes the balance of undeveloped property reserved for a future phase of Waterfront <br />Village. <br />Notification: <br />No notification is needed for this action. <br />Funding Source: <br />All costs associated with this request are the Applicant's responsibility. <br />Recommendation: <br />Staff recommends approval of the Final Plat and Development Agreement. <br />Outcome/Action: <br />Motion to adopt Resolution #26-062, Approving a Final Plat and Development Agreement for Waterfront Village <br />3rd Addition. <br />Attachments <br />Resolution #26-062 Final Plat & Development Agreement <br />Final Plat <br />Development Agreement - Waterfront Village 3rd <br />