Agenda - Parks and Recreation Commission - 07/10/1997

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-- ) I 1 ] I ] I f I I ] ~ J i , ] ] ~] ~] ~] ~] ~] ~] r ~] :l :J ;l. CASE # S'" --, .,.. ACQUISITION OF PARK PROPERTY/OAK PARK DISTRICT By: Ryan Schroeder, City Administrator Background: The Oak Park District is that district bounded by 153rd Avenue on the south, 167th Avenue on the north, TH47 on the east and CRS on the west. Within the district there are currently approximately 330 residential lots of record. Additional lots are expected to be developed in the near future beginning with the 127 lot Apple Ridge Subdivision. Currently the only dedicated park property within the district is a small amount of land on either side of the County ditch within the Oakwood Hills and Red Oak Estates subdivisions. Within the Parks Comprehensive Plan a large community park is envisioned adjacent to TH47 north of 160th Avenue. Within the Apple Ridge subdivision there has been some discussion of receipt of the approximate five acre parcel at the northeast comer of the subdivision in lieu of park dedication payments (or portion thereof). The park dedication expected from the Apple Ridge subdivision at 127 lots is $111,125. The current park dedication available from past subdivision development within the park district is $1965. We have been negotiating with the owner of a 83 acre parcel north of the County ditch adjacent to TH47 toward purchase of the designated community park. This property has access off 163rd Lane to the west and the TH47 frontage road off 160th Lane to the south. The County has valued the property for payable 1998 at $160,648. We have negotiated a tentative purchase agreement at $154,800. We are told that this agreement will be signed and submitted to the City by June 24, 1997. Soil borings have been completed on the property by the owner. Ten borings were taken with ground water ranging from between one foot and sixteen plus feet of the ground surface elevation. Average ground water depth is at about six feet. Given that, the property would have some corrections necessary in order to provide for housing but it makes a nice park parcel. However, the current asking price appears to be $41,710 (plus costs and pro rated taxes) above available revenues to complete the purchase. The Park Commission considered the two identified options for park property within the Oak District at the May and June Commission meetings. At both meetings the consensus was to attempt to acquire the community park parcel as opposed to providing for a small neighborhood park within the Apple Ridge subdivision. Within the proposed 1998 - 2003 Parks CIP there is a proposal to provide for this purchase in the near term with a reimbursement of the revenue shortfall from the General Fund or some other fund. It happens that the park dedication fund has sufficient assets to provide for this purchase at this time (assuming that the Apple Ridge Subdivision provides for the bulk of necessary funds). Council Action: Motion to authorize the purchase of an 83-acre park parcel contingent upon receipt of park dedication funds from the Apple Ridge subdivision. Reviewed by: Ci ty Administrator CC: 06/24/97 145