06-12-2013 Park Board Packet - Laserfiche WebLink

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Lino Lakes Public Services Department 600 Town Center Parkway Lino Lakes, MN 55014 (651) 982 -2440 Fax (651) 982 -2439 June 7, 2013 TO: Park Board Members FROM: Rick DeGardner, Public Services Director SUBJECT: Review Century Farm North Development The following information was provided by Michael Grochala, Community Development Director: Gary Uhde, the developer of Century Farm North, is requesting amendment of the Century Farm North Planned Unit Development (PUD). The amendment includes the creation of 12 additional lots and vacation of approximately .757 acres of previously dedicated parkland. The vacated parkland would be used to create 3 additional Tots along Robinson Drive. The newly created lots would be subject to the City's Park Dedication fee of $2,500 per lot. Additionally the City would need to be reimbursed for the value of the land dedication made at the original time of approval. The value of the land dedication at the time of original approval was established at $50,000 /acre. Assuming acceptance of this request the following park dedication requirements would need to be met: .757 acres *$50,000 (value of land at time of dedication) = $37,850 12 Tots @$2,500 payment in lieu = $30,000 $67,850 Please note that the .757 acres may include wetland. Only upland should be used to calculate the reimbursement amount. On a separate note unsuitable soils were used for fill material on approximately 3 -4 acres of the dedicated parkland. Mr. Uhde is responsible for correcting this situation. Ms. Katie Larson, City Planner will be in attendance at Wednesday's Park Board meeting to answer any questions you may have. • 6a,