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Park land dedication credit will not be afforded east of the new parking area.) <br /> In summary,new park land would be added to Solstice Park (approx. 3/4 acres), and approximately .15 acres <br /> would be added to the south end of Cobolt Street for a turn-around for snow plows and vehicle parking to access <br /> Solstice Park. After land dedication,the balance of the cash equivalent of Park Dedication is approximately <br /> $1,128,191—however,proposed is the construction cost of two pickleball courts, a small trail connection(s), and <br /> parking area—these improvements would be eligible to be credited against the cash Park Dedication owed. Trail <br /> Fees � $1,500 per unit equate to $690,000 (based upon the number units at the time of Final Plat). <br /> Note: this development project was discussed at the Commission's regular meeting in April and was tabled so that <br /> the Commission could meet at Solstice Park to evaluate the parking proximity to the park and other aspects of the <br /> proposed pickleball courts. <br /> Funding Source: <br /> As indicated above,the City will collect development fees including Park Dedication,with credit given for land <br /> and improvements, as well as Trail Fees. The precise fees and charges will be determined at the time of the <br /> Development Agreement. <br /> Additionaly,the property is currently tax-exempt. The residential portions of the property will be placed back on <br /> the tax rolls. <br /> Recommendation: <br /> Staff recommends Park Dedication and Trail Fees be addressed as expressed above, and within the proposed <br /> motion below. <br /> Outcome/Action: <br /> Motion to recommend to City Council that Park Dedication for Haviland Fields be a combination of land <br /> dedication and cash,with credit for park improvements constructed, and that Trail Fees consist of a cash payment <br /> of$1,500 per residential dwelling unit(the 2024 rate). <br /> Attachments <br /> Site Location Map <br /> Applicant's Narrative <br /> Graphics and Renderings <br /> Site Plans <br /> Civil Plans <br /> Landscape Plans <br /> Preliminary Plat <br /> Senior Living Building <br /> All Ages Building <br /> Park Homes (Twinhomes) <br /> Form Review <br /> Inbox Reviewed By Date <br /> Bruce Westby Mariah Albrecht 05/03/2024 03:30 PM <br /> Brian Hagen Mariah Albrecht 05/03/2024 03:31 PM <br /> Form Started By:Mark Riverblood Started On:05/02/2024 11:27 AM <br /> Final Approval Date:05/03/2024 <br />