04-11-1994 Council Packet - Laserfiche WebLink

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Orono Property P.U.D. Submittal 5 No' ftnber 1993 IV. TENTATIVE STAGING & SEQUENCE SCHEDULE The developer intends to develop the project in approximately two phases over a period of approximatdy three to four years. Obviously, economic conditions may affect the actual time frame and specific areas of development. This sequence is derived by the approximate location of utilities which will serve the southern part of the property first. Undeniably, the phasing will be heavily influenced by market conditions. V. HNANCIAL CAPABILITY Orono Center Properties, Properties owns the land free and clear. As the optionee. Lundgren Bros, intends to develop the property once they receive every governmental approval necessary for development to occur. VI. NATURAL RESOURCE ANALYSIS The topography is generally flat terrain with the highest elevation being 1,038.4 feet and the lowest elevation being 1014.8 feet. There are sixteen separate wetlands on the site with the Army Corp of Engineers and City of Orono having jurisdiction. A separate wetland report has been field with the City. The ±59 acre site is a mix of cultivated fields, wetlands, areas with miscellaneous vegetation and some significant wooded areas. The developer has taken these features into consideration in the planning of this neighborhood community. Much of the land has been under intense agricultural practices with no water quality management. Sediments from cultivation and farm chemicals presently drain directly into the wetlands. In addition to these natural features, the development will include significant ponding and some enhancement of existing wetlands and along with additional landscape elements proposed by the developer, we believe the result will be an overall development that b attractive and enduring. Vn. WETLAND MITIGATION & ENHANCEMENT The project contains a total of 10 acres of wetlands of various types. The sixteen wetlands have been mapped and analyzed by Franklin Svobod^. Hb report b included for review. Sedimentation ponds will intercept a.nd collect storm water runoff prior to dbcharging it into the wetlands. The developer ’s intent b that upon its completion, the site should have greater wetland acreage with overall higher quality than exbted prior to development. Thb should provide an improved variety of plant types and a better habiut for more species of wildlife. Also, the extensive ponding system will produce higher quality water than the untreated farm runoff. Compensatory mitigation for unavoidable wetland losses shall occur in the form of a wetland creation system. This would provide a ratio of 2:1 acre for acre replacement of wetlands to be affected by the project.