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Trustees approve Markstone annexation, select ground-reservoir option and split $9 million water cost; board waives some impact fees
Summary
After debate the board approved annexing the PI property for the Markstone Phase 1 project, selected Option 2 (ground reservoir) as the water-service design, agreed to a cost-share framework (village $3.9M / developer $5.1M on a $9M estimate) and voted to waive specified conservancy and parkland-dedication fees for Phase 1. The fee waivers drew at
Trustees voted on a package of actions tied to the Markstone Phase 1 development: annexation of the PI property, selection of a ground-reservoir water service option, approval of a developer/village cost-share for the estimated $9,000,000 water system, and selective waivers of impact fees for Phase 1.
Planning staff noted that the annexation application for approximately 478.95 acres had been submitted to the Wisconsin Department of Administration under Wis. Stat. 66.0217(2) and that…
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