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Mr. Ron Hetlund <br />Page 2 <br />July 27, 1990 <br /> <br />The sketch plan provides for a 35' trail right-of-way along the <br />east and southeast property lines consistent with the regional <br />trail plans. Since no drive accesses are proposed across the <br />trail, rather than easement, this should be dedicated as park. <br />This encompasses approximately 1.68 acres (35 x 2090). Trail <br />right-of-way would terminate at the easterly boundary of the <br />proposed County Park. <br /> <br />Additionally, 4.2 acres are indicated as open space presumably as <br />a neighborhood park. The total area to be dedicated would be 5.88 <br />acres. This is 70% of total park dedication requirements. The <br />remainder of park dedication would be due as a cash payment. This <br />would be approximately $28,700 based on the following: <br /> <br />144 units @ $500/unit <br />42.7 acres of commercial @ $6,600/acre <br /> 9.6 acres as outlot @ $10,000/acre <br /> <br /> $72,000 <br /> 281,820 (5%) <br /> 96,000 (10%) <br />$449,820 <br /> <br />$14,091 <br />· 9,600 <br />$95,691 <br /> x.70 <br /> <br />$66,984 <br /> <br />It is recommended that the proposed dedication for trail and park <br />be accepted for 5.88 acres with the remainder due in cash of <br />approximately $28,700 ($95,691 - $66,948). <br /> <br />If you have any questions or comments concerning this sketch plan, <br />let us know. <br /> <br />Sincerely, <br /> <br />HAKANSON ANDERSON ASSOCIATES, INC. <br /> <br />cc: <br /> <br />File: <br /> <br />B.B. Chapman <br />Faye Construction <br /> (Schwartzman & Sons, Inc.) <br /> <br />RA2:!5-146 <br /> <br /> <br />