12/05/1994 Park Board Packet - Laserfiche WebLink

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'^. CITY OF LINO LAKES PARK BOARD MEETING MONDAY, NOVEMBER 7, 1994 He continued by saying if the board looked at this concept in an overall vision, and park acreage need concern, the larger area on the north side of the development is about 19 or 20 acres giving this area a large open space for recreation. Since the developer does not control this land yet, he has indicated that he would write into the agreement assurances of a land dedication in an area that he does now own in the area indicated as Phase V, and highlighted by the green cross-hatch in Exhibit D of the concept plan. This area would be a 10 acre parcel in size. Marty said this was obviously not the best scenario for anyone. Marty included a copy of the planning report for the public hearing concerning Clearwater Creek. The report basically covers Phases I and II as it refers to park dedication. He noted that the proposed dedication is for 36.13 acres. This figure reflects park acreage including wetlands. Thus, this figure would now be different. He asked the members to refer to the break-out sheet of land percentages and formal proposal cover page submitted by the developer. For Phase I, the developable upland area is 77 .2 acres. The 10 percent park land dedication would equal 7.7 acres, in an area of 153 lots zoned R-1 (single family) with a density of . 9 lots per acre for Phase I, and 2 .4 lots per acre for Phase II. The developer has indicated in his cover letter that he wishes to meet park dedication on a per phase basis using a system of banking and credits. Should the land dedication of one of the phases fall below the park dedication requirements of the phase being considered, the developer would submit a cash dedication to be released upon further dedication. Marty continued by saying the overall proposed park dedication of the developer exceeds the land dedication requirements of the project as a whole. Referring to the break-out sheet, the total buildable upland of the project is 195 .8 acres, with a total land dedication of 40 .6 acres. The large area to the north is the largest share of this, totaling 24 .5 acres. This area is considered floodplain, however, city code and our surface water management plan allows for the use and development of floodplain as park. In overall dedication, the developer wishes to exceed his required park dedication needs. Marty recommended the Park Board accept the park dedication for Phases I and II land and trails based on the overall concerns for this development. The recommendation includes banking, credits, and cash assurances. Further should the land area to the north not be developed, the developer would give written assurances of 3