The existing landowners, represented by two principal ownerships, both have principal residences located within the subject parcels. The sale offering excludes the principal residences. A suitable division by severance of the principal residences will be required, along with a future servicing connection option for the principal landowners upon the implementation of full municipal services. As the final configuration of the residential severances may impact the development plan, the intent of the Sellers is to coordinate a mutually acceptable severance framework as a condition of sale.