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`.. The proposed changes to the PUD require the preparation of a new stormwater <br /> management plan and the property owner must apply for a new stormwater permit from <br /> the MPCA. <br /> Wastewater Treatment <br /> The wastewater treatment system is being redesigned as part of these changes. Three of <br /> the originally proposed systems are being eliminated. A Septic Tank Effluent Pump <br /> (STEP) system is being proposed where each unit would have a septic tank with an <br /> advanced filtration system. The effluent from these systems would be pumped into a <br /> pressurized line which would run to the disposal fields located just north of the proposed <br /> storage units. The current MPCA permit will need to be modified to accomplish these <br /> changes. <br /> A re-plat is also needed for this development due to the relocation of nine units and to <br /> provide for the individual ownership of the storage units. This is being handled in a <br /> separate hearing. <br /> The development concept being proposed continues to be a rent-back ownership <br /> situation where investors purchase individual cabins. Both the cabin and the land <br /> immediately under the cabin are sold. The remaining common space is owned by all <br /> cabin owners and is managed by the resort association. As part of the rent-back <br /> contract, the investor is required to rent the cabin or condominium a certain number of <br /> weeks each year,with a concentration of those weeks during the summer. <br /> The individual cabins are managed as a resort with all resort features and amenities <br /> including an on-site resort manager. This arrangement continues in perpetuity with all <br /> future investors. <br /> _ 4 <br /> � .Tf <br /> X <br /> Pequot Lakes Staff Report 3(a)-2 <br /> April 17,2oo8 <br />