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1Ne believe a better solutionrs one where we can increase the potential for the new project, at the same time, <br />bring limits on the overall potential far the development to impact the school system, Yark Creel< proposes the <br />following program for lot restrictions <br />Lots <br />Parl< Creek <br />Units with no <br />Restriction - <br />Re~~sed to <br />New Program <br />Year for development <br />~__ <br />15 <br />103 -- 1 <br />30 <br />___8 <br />Requested emits 45 <br />under APFO <br />0 <br />20 <br />20 <br />5 <br />2008 <br />2009 <br />20Y0 <br />2011 <br />2012 <br />2008 <br />2009 <br />2010 <br />2011 <br />Total units per year (combined Original Parlc Creels and New lixpansion of 451ots) <br />Year SF Lots/Dwellin s <br />2008 35 <br />2009 35 <br />2010 35 <br />2ou _ <br />35 - <br />zo12 8 <br />Please note, as this restriction is tied to wmpleting the schedule for Reservation of Ctq>acity (ROC) within r <br />year of approval. In the event a the preliminary plat is not issued on the new units requested under the APFO, <br />the voluntary restriction is recinded tinder the current proposal. Other than that stated above, all the vested <br />rights associated with the existing approved plan(s), designs, and plats for Park Creels remain in effort and only <br />the new 45 unit project is subject to the new Al'FOfee/restrictions. <br />1Ne ]eels fortivar•d to wonting with you and the Commerce Department on the Park Creels project as we believe <br />the program envisioned will continue to add tremendous value to the community. <br />Sincerelyc;-- <br />///w///-.... _ <br />David E, TibUals, RLA <br />Vice President <br />Williams )/ngiueering <br />Cc; C. Andersan,l'ark Creek <br />K. Wayne, Park Creek <br />2 <br />G-~ <br />