08/04/2003 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 -b July 30, 2003 TO: Park Board Members FROM: Rick DeGardner, Public Services Director SUBJECT: Review Cost Estimate for Proposed Recreation Area Improvements for Bruggeman Properties The Bruggeman Properties preliminary plat was discussed at the July 7, 2003 Park Board meeting. (The draft Park Board Minutes are included in the packet). As indicated at last month's Park Board meeting, the developer will be requesting the City Council to credit the development of the park area and construction of the trails towards the Park Dedication Fee. Subdivision VI of the current Park Dedication Ordinance states, "Where private open space for park and recreation purposes is provided in a proposed subdivision, such areas may be used for credit, at the discretion of the City Council, against the land for cash dedication requirement for park and recreation purposes, provided the City Council finds it is in the public interest to do so." Attached is a cost estimate for the proposed recreation area improvements dated July 25, 2003. Staff is comfortable with the estimated costs. If the Park Board elects to recommend to the City Council that credit be given towards Park Dedication fee requirements, I recommend that the developer not install the asphalt trails along Hodgson Road and Birch Street. Therefore, the developer will commit to developing the recreation area as proposed as well as the 5' wide concrete trails in Phases I — III. The total proposed credit would therefore amount to $174,098. This would result in a cash balance of $82,680. Staff recommends designating $33,000 of the cash balance to construct the trails along Hodgson Road and Birch Street. sw /parkbrd/meeting information/Review Cost Estimate for Proposed Recreation Area Improvements for Bruggeman Properties