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-Page 2- <br /> Sanitary Sewer and Municipal Water. Sanitary sewer is readily available to <br /> this land and will be extended into the subdivision from both the south and <br /> north. Municipal water will be extended from the Centerville Road and <br /> Westview Street intersection. The need to further loop the water main will be <br /> determined by the City engineer. If and when a loop is required, two possible <br /> ways to provide that loop exist, One is to the east connecting to the water <br /> main in Clear Ridge Street. The other loop possibility is to the north in <br /> Centerville Road and then east along Peltier Lake Drive to the water main in <br /> Mill Road. The pro's and con's and constraints with these two alternatives <br /> will be discussed through the review and approval process. <br /> Restrictive Covenants and Home Values. A copy of the proposed restrictive <br /> covenants and architectural review committee are attached for City review, It <br /> is our anticipation that new homes will be constructed in a price range of <br /> $170,000 to $220,000, including lot. <br /> Our Company looks forward to working with the Planning Commission and <br /> City Council for the approval of Lakeland Hills. It is our intention to begin <br /> construction in early spring, 1997. All grading, utility and street construction <br /> would be done in one phase. We anticipate the completion of all homes by the <br /> summer of 1999. <br /> Yours truly, <br /> Michael 7, Black <br /> Project Manager <br /> Land Development Division <br />