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Generally not, as you can build under or over it if the work will not have a material interference with the easement. The owner of the land benefited by the easement is unable to bring an action against you unless your proposed work causes "substantial" or "material" interference.
The exact amount a building needs to be set back from the property line will vary from one location to another. However, the required setback on the side is typically between 5 10 feet, while the front and back require around 10 20 feet at a minimum.
Generally, you cannot make any improvements in a drainage easement. That means no fences, sheds, walls, trails or buildings. You should avoid planting trees or much landscaping as well.
A Drainage Reserve (DR) refers to land that is set aside for drainage works pursuant to development proposals approved by a competent authority. DRs shall be vested in the Government so that drainage works can be executed.
The city has a requirement that the edge of water can be no closer than 6 feet to a property line or the slab of any occupied structure. The pool company designs and then begins construction on the pool with the 6 foot figure.