Agenda - Parks and Recreation Commission - 04/12/2001

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CASE #: 1 RECOMMEND PARK DEDICATION FOR SUNFISH LAKE COMMONS By: Mark Boos, Parks & Utilities Supervisor Background: On April 3, 2001, the Planning Commission recommended Sketch Plan approval for a Minor Subd i vision named Sunfish Commons. A~: ached to this case are pertinent details relating to the project. Observations: As the Commission is aware, park dedication for commercial property is the greater of 5% of fair market value or $2.00 a square foot. Typically in minor subdivisions the original use remains and the park dedication computation is performed on the new lot created. In this case either the 3.80-acre lot or the 1.65-acre lot could be considered "new". As the City becomes involved in more redevelopment, this will be more common. In the above instance, staff would normally average the two lot areas to determine the park dedication. For Sunfish Commons this would equate to a cash dedication of $11,879. However for this case only, staff is recommending that the smaller lot be considered the "new" lot created because the developer is agreeing to construct a bituminous trail parallel to Highway #10 and Higl: ,:ay #169 as well as County Road #57. the smaller lot is used, the park dedication would be $7,178 or a difference of $4,700 from the · . 'e~ ..... .ed figure. As indicated, staff is only making this recommendation if both trail segments are cons~,ucted as a stage one improvement. A frontage road easement will be retained on the north side of this property, which would ultimately connect to County Road #56. The developer is recommending that the trail paralleling Highway #10 be along the frontage road rather than the highway. Staff feels that this suggestion is reasonable. Attached for your information is the proposed frontage road alignment. Staff is recommending that park dedication consist of a cash payment of $7,178 provided that both trail segments are constructed as a stage one improvement. Commission action: Based upon discussion Reviewed By: Community Development Director Principal Planner City Engineers P & R: 04/12/01