05/03/2004 Park Board Packet - Laserfiche WebLink

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Lino Lakes Parks and Recreation Department 600 Town Center Parkway Lino Lakes, MN 55014 (651) 982 -2440 Fax (651) 982 -2439 www.ci.lino - lakes.mn.us April 28, 2004 TO: Park Board Members FROM: Rick DeGardner, Public Services Director SUBJECT: Review Preliminary Plat of Fox Den Acres Fox Den Acres is a 50 -acre development consisting of 64 residential lots. The property is located south of Birch Street and east of Deerwood Lane. The development would be accessed through the extension of Fox Road. To satisfy the Park Dedication requirements the current proposal is to provide 6.79 acres (4.97 acres upland, 1.82 acres wetland) of parkland in the northeast corner of the development. The proposed park area has several large wetland areas and a retention pond. The current proposal consists of dedicating the 6.79 acres for parkland and paving a looped trail within the park area. This park area is wooded and would provide a natural environment for the trail. Estimated cost to install the trail is $25,000. When looking at the existing Park Dedication Ordinance the required cash dedication for Fox Den Acres is 64 units x $1,665 = $106,560. From a land dedication perspective, the required dedication would amount to 3.82 acres (50 acres - 11.8 wetland acres = 38.2 upland acres). Assuming the parkland of 4.97 acres upland x $38,000 = $188,860. Trail construction would be $25,000 for a total of $213,860. Total land and trail would be $213,860. The parkland would solely be used for a trail loop, not any formal or active play area. Even though providing a trail experience is beneficial for area residents, I don't feel 100% of the land value dedication should be credited. Perhaps an additional cash contribution could be acquired from the Fox Den Acres Development to further develop Birchwood Acres Park (half court basketball court?). Mr. Michael Black from Royal Oaks Realty, Inc. will be present at the May 3 Park Board meeting to discuss this development. sw /parkbrd/meeting information /Review Preliminary Plat of Fox Den Acres.doc