Agenda - Parks and Recreation Commission - 03/09/2017

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Reflective of the dedication of land by the PUD process, Park Dedication should be a cash contribution per lot platted. (12 lots �the 2017 residential unit rate of$2,800 =$33,600.)The new municipal connecting trail(from Iodine Street to Outlot A)would be eligible for credit against the $800 Trail Fee per lot platted. (12 lots �the 2017 residential Trail Fee of$800= $9,600.)As part of the Development Agreement,the construction cost of the new trail segment will be identified. If it can be demonstrated that actual cost of the trail would exceed the Trail Fees,the balance may be deducted from the cash Park Dedication owed. Funding Source: All costs associated with the subdivision of land are the responsibility of the Applicant Recommendation: Staff recommends Park Dedication be satisfied by a cash contribution at the time of platting;that the trail segment from Iodine Street to Outlot A be constructed as a Stage I improvement—and the trail construction costs would be eligible for credit against the Trail Fees due per lot platted. Action: Motion to recommend to City Council that, Park Dedication be satisfied by a cash contribution at the time of platting, and that the trail segment from Iodine Street to Outlot A be constructed as a Stage I improvement—with the trail construction costs eligible for credit against the Trail Fees due. Attachments Site Location Map Application Document Complete Plan Set Staff Review Letter Ordinance 417-05 Resolution#17-02-053: Preliminary Plat Form Review Inbox Reviewed By Date Grant Riemer Grant Riemer 03/02/2017 07:45 AM Tim Gladhill Tim Gladhill 03/02/2017 09:35 AM Form Started By:Mark Riverblood Started On:03/01/2017 11:15 AM Final Approval Date:03/02/2017