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<br />be moved further south and west in areas currently designated for <br />single family units. The neighbors are not fully aware of this <br />possibility , <br /> <br />d) The site has, as John Shardlow indicated, a number of low wetland <br />areas, a 12 acre park, and some unknown soil problems including <br />organic soils unsuitable for foundations, unspecified construction <br />debris and street sweepings (considered hazardous waste by PCA). In <br />addition, the site has some of its best woodlands adjacent to the <br />residential areas, These woodlands would have to be cut or graded <br />severely to accommodate some of the development. <br /> <br />e) County and railroad approvals must be obtained for some of the <br />access points. <br /> <br />1) Some housing outlots along Owassso mayor may not be available to <br />redevelop as part of the site. This would be left to the developers. <br /> <br />g) The Concept Plan was based on a 3 year old Maxfield market study, <br />but the Concept was also explained that the city hoped to see single <br />family homes from $250,000 to $350,000 and townhouses in the <br />$150,000 range. <br /> <br />h) The exact city role and the financial guarantee requirements, as wel1 <br />as the cost of city construction of infrastructure was not clear to the <br />developers. Since then I have leamed that we (the City) have no strict <br />guidelines, but use 125% as the most common guarantee. It is also <br />unclear to the developers what the housing/neighborhood rehabi1itation <br />fee may be. (Our original staff discussion suggested $5,000 per single <br />family lot and $3,000 per townhouse Jot, but a 50% reduction in those <br />fees seemed more appropriate, Le, $2,500 and $1,500, respectively,) <br /> <br />i) The City was also asked to prepare a cost (per lot or per lineal foot) <br />for the construction of public improvements. Without more finite soil <br />borings, subdivision design and the number of p811icipating owners, <br />this wiJ) be nothing more than a guess. This number can be best <br />provided when working directly with the developer on the final <br />subdivision designs. <br />