01-03-2024 Park Board Packet - Laserfiche WebLink

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Park Board November 1, 2023 pg. 2 DRAFT MINUTES that is currently under construction on Main Street (CSAH 14), just west of Lino Lakes Elementary School (725 Main Street). The proposed plan includes 108 single-family residential lots on the approximately 59.3 acres site. The Planned Unit Development request is to allow for a variety of housing unit types and lot sizes. Approximately 30 acres of open space will be provided under the proposed design. The 2040 Lino Lakes Comprehensive Plan (adopted Nov, 2020) identifies a future neighborhood Park Area M in this general area. (Refer to Figure 10-1 Parks, Greenways, and Trail System). This park area is described as follows: “This site serves the northwestern section of Lino Lakes in conjunction with Arena Acres Park and school sites. A master plan should be prepared to avoid over duplication of amenities available at Arena Acres and school sites.” Neighborhood Parks are typically five acres or more, eight to ten acres preferred, with three acres the desired minimum size. Service area is ¼ to ½ mile uninterrupted by major roads and other physical barriers. Trails establishing a linear greenway should be incorporated into plans that include connectivity to the north, east, south, and west of the project site. Estimated Park Dedication - Assuming 100% cash dedication, park dedication amounts to $356,400 (Based on 108 units). Any park land dedication or trail construction would need to be credited. Natures Refuge collected $115,760 after crediting the developer $77,000 for trail constructions costs. There are two options for the Park Board to consider: 1. Recommend 100% cash dedication. Designate remaining balance of cash dedication from Natures Refuge and cash dedication from Natures Refuge North (after trails credit) for improvements to Arena Acres Park and Lino Lakes Elementary School. 2. Recommend dedicating land for a neighborhood park. Designate remaining cash dedication from Natures Refuge and remaining cash dedication from Natures Refuge North (after park land and trails credit) for limited park development. Estimate credit of $38,500 per acre and $75,000 for trails – similar for Natures Refuge. Any future development in the area could be designated for additional park development. Assuming a 3-acre park and similar length of trails as Natures Refuge, there would be approximately $510,372 remaining. A 5-acre park would provide around $433,372 for development. Mr. Termont inquired how we could start a discussion with the school district. Mr. DeGardner explained the process. Mr. Kusterman discussed the condition of Arena Acres Park, if $500,000 is sufficient for