Agenda - Parks and Recreation Commission - 06/08/2017

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dddd.d rdIddNitliR'id VddYdid, Todd 'r,✓wwdodd 1,dyiddydyltdo dr tydd iY'wddidIprhdA,V'y dyd w;YkrW[nagIX' ddd dddydvdded diordp' dioddri ro'ddd7a pd'm d N'hP Ytl'N q'h dy dr14ivfr, �d�ltl'hd'r d"a 1p "I�w!;a,illmm'i,�'d',gwhr Wirt"rYY'Y did.cdm 'dddeddd"dy do. ed',s, Park and Recreation Commission Meeting Date: 06/08/2017 By: Mark Riverblood, Engineering/Public Works Information Title: Recommend Park Dedication Components of the Development Agreement; Riverstone Subdivision 5. 1. Purpose/Background: For the last several months, the specifics of Park Dedication (land, cash or improvements for the proposed mini -park) for the proposed Riverstone Subdivision has been discussed between Capstone Homes and the City. There continued to be strong consensus on providing credit for the land needed for the greenway trail and the associated improvements. In contrast, there had not been clear consensus on aspects of Capstone's proposed mini -park, commonly known as Outlot C. Due to no agreement on the matter of Outlot C, Staff brought the matter to the Council work session on April 25th, 2017 in light of the long-standing policy "...to favor larger, accessible neighborhood and community public parks with quality amenities and improvements, and provide trail connections between them, over smaller, pocket parks with few to no 'destination' improvements." This discussion was intended to address whether the City should consider full, partial, or no Park Dedication credit for Outlot C proposed by the Developer. The outcome of the above work session topic was to address the policy itself. This occurred as part of a joint meeting between Council and the Park and Recreation Commission meeting on May 9th, 2017. The aforementioned joint meeting and policy review was conducted using examples of past precedent relating to Planned Unit Developments and private park spaces. Additionally, Outlot C was the subject of much discussion on whether it was necessary (as a park —public or private), and if so, to what degree might Park Dedication credit be offered. The consensus reached was "to create an interim exception [to the policy] that would allow for negotiations on this development case for a trail system and trail wayside park area that would be accessible and inviting." Following the joint meeting, Staff prepared alternatives for Park Dedication relating to Outlot C which was the subject of considerable discussion at the Park and Recreation Commission meeting on May l lth, 2017. Following the Commission's meeting, three alternatives were developed relating to Outlot C, and on May 23rd, City Council selected 'Alternative 2' for the basis of the Park Dedication for the Riverstone Subdivision. These may be summarized as: Alternative 1. Outlot C — Not Credit Eligible Alternative 2. Outlot C — Primarily Credit Eligible Alternative 3. Outlot C — Full Park Dedication credit consistent with Capstone's April Park Dedication memo (attached).