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Park and Recreation Commission <br />Meeting Date: 11/12/2015 <br />By: Mark Riverblood, Engineering/Public <br />Works <br />5. 1. <br />Information <br />Title: <br />Recommend Park Dedication Resolution for Remaining Northfork Development; Case of Northfork, Inc. <br />Purpose/Background: <br />At the Commission's October 10th regular meeting, a review occured of the August 13th public workshop <br />examining the potential of some or all of Outlot E, MOORS ADDITION (associated with the Northfork <br />Subdivision) to be developed as a park owned by maintained by the City. The Commission noted that, Outlot E is <br />approximately 37 acres, and the Outlot is identified as Future Park in the Master Park and Trail Plan and zoned as <br />Park. <br />There were two (2) components to consider relative to Park Dedication for Northfork, Inc. <br />1. The City approved a deferred Park Dedication contribution for previously approved portions of Northfork. The <br />deferred contribution equates to two (2) acres. Additionally, there was within a previous agreement the <br />acknowledgement that in any future land use, the City would receive at a minimum, from North Fork Inc., a 50' <br />corridor from Alpine Drive to the existing city park approximately 800' feet to the north. <br />2. Northfork, Inc. desires to construct, or sell for development, approximately 21 to 31 new lots on undeveloped <br />portions of Northfork's holdings on either side of Alpine Drive. The land equivalent for Park Dedication is <br />approximately 3.35 acres. <br />The City has been approached by Northfork, Inc. to consider accepting land dedication to satisfy Park Dedication <br />and trail development fees in lieu of a cash contribution. Further, Northfork, Inc. desires to dedicate all of Outlot E, <br />MOORS Addition to the city for park purposes, with appropriate cost accounting relative to the value of the land. <br />After considerable discussion, and acknowledging that resident feedback generally favored park use for the area in <br />question, the Commission's motion included a recommend that, negotiations occur between North Fork Inc. and the <br />City on solutions and alternatives for satisfying existing Park Dedication obligations (land dedication), and future <br />Park Dedication (land or cash), together with Trail Fee satisfaction—with the goal being to arrive on a public land <br />configuration suitable for a community park southeast of Lake Itasca. <br />Notification: <br />Observations/Alternatives: <br />