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original PUD and comprehensive plan and meets the performance standards of the subdivision <br />and zoning ordinance. <br />Utilities <br />Public water, sanitary and storm sewer utilities will be installed in conjunction with the <br />construction of Robinson Drive. The watermain will also extend south along CR 53 and <br />connect with the existing watermain to loop the system for better fire protection and water <br />quality. <br />Public Land Dedication and Fees <br />The PUD amendment includes the creation of 11 additional lots and the vacation of <br />approximately 0.545 acres of previously dedicated parkland. The vacated parkland would be <br />used to create 3 additional lots along Robinson Drive. The newly created lots would be subject <br />to the City's Park Dedication fee at $2,500 per lot. Additionally, the City would need to be <br />reimbursed for the value of the land dedication established at the original time of approval <br />which was $50,000 per acre. The following park dedication requirements shall be met: <br />Park Land Dedication and Fees <br />0.545 gross acres — 0.00 acres wetland = <br />0.545 net acres <br />0.545 acres x $50,000 (value of land at time of dedication) = <br />$27,250 <br />11 lots x $2,500 payment in lieu = <br />$27,500 <br />TOTAL = <br />$54,750 <br />Note that any wetland on the vacated parkland shall be subtracted from the total area. Only <br />upland can be used to calculate the reimbursement amount. <br />Public Hearing <br />A public hearing was held by the Planning & Zoning Board on April 9, 2014 and continued to <br />the May 14, 2014 meeting. Issues and concerns brought forth at the public hearing include: <br />1. Trail location and park development <br />An 8 foot wide bituminous trail is proposed to extend north -south throughout the development <br />and is consistent with the Park, Greenway & Trail System Plan. The trail and park will be <br />constructed and developed in the future when park dedication fees and funding become <br />available. <br />A 5 foot wide concrete sidewalk will be constructed along the south side of Robinson Drive. <br />2. Traffic speed and safety concerns on Robinson Drive <br />4 <br />