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EDC Minutes <br />December 19, 2023 <br />Page 2 of 5 <br />City Administrator Angie Duus states it is still beneficial to invite the landowners <br />to the January meeting as more of an informational update since it will be on <br />hold for a bit longer than expected. <br />Chair Lottman states we have one person present from Woods to Water Real <br />Estate, that has inquired about skipping the process just laid out and would like <br />to propose an option to purchase all Trailside Estates for $475k. Mr. Narveson <br />would like to have the plat completed so lot lines are established. He states they <br />intend to put in affordable housing. His description of affordable housing is a <br />typical 2-bedroom, 2 bathrooms. Mr. Narveson states they would be willing to <br />keep commissions at a flat 2.5 percent and they would have a development <br />agreement in place. He advises their plan would be to have one third of homes <br />completed by the end of 2024 and the remaining completed in 2025. The project <br />would consist of 20 houses in total. <br />Discussion ensues making sure the developer is clear on the direction the city is <br />moving forward with. Because they intend to move forward with a common area <br />as part of the development plan. The plat has 28 lots total, 8 with existing and 20 <br />left to build. <br />Commission Lewica asks Mr. Narveson to describe his version of affordable <br />housing. He then presents photos of example houses. Examples included slab <br />homes and showed a potential of including townhomes. <br />It is brought to attention that we would need a letter intent to proceed. Mr. <br />Narveson responds and will have one sent over to Administrator Duus as soon <br />as possible. <br />6. School Update <br />Superintendent Kurt Stumph appears to update on a few items. He thanks everyone <br />that participated in the Career Fair. He also says that Joanna O'Neil was selected for <br />their employee of the year. <br />He says regarding the school facilities, they did a random survey of 500 families. He <br />states he had gotten an update that families were very willing and wanted to share their <br />thoughts. <br />They are in the middle of fiscal year 2024 budget then will start 2025 budget. <br />Mr. Stumph states they are always looking to bring in ideas for extra curriculars, like <br />robotics and areas that they can expand. <br />Chair Lottman states not sure how to engage the kids more at career fair. He says they <br />would like to come up with different ways to encourage that. Mr. Stumph responds that <br />Joanna O'Neil is also attending Chamber meetings to get more connected to different <br />types of businesses and brainstorm new ideas to bring to the table. <br />