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LAKE ELP4O CITY COUNCIL MINUTES APRIL 2, 1991 PAGE 4 F. Recommendation of Park Land Dedication Requirements The Council reviewed draft Ordinance No. 8042 prepared by Mike Black and approved by the Parks Commission. The Council made the following changes: 401.400 Park Land. Dedication Requirements A. Land Dedication Mayor Johnson suggested raising the figure of 2.5% of the total land in a proposed commercial subdivison to a higher percentage. Councilman Dick Johnson suggested rounding the figure off to 3% as a compromise. B. Contribution in Lieu of Land: Councilman Williams suggested added wording as stated in our code Section 401.400A: The form of contribution (Cash or land., or any combination thereof) shall be decided by the City Council. E. Cash Contributions: Councilman Johnson asked the following sentence to be added after the sentence,..... from a licensed real estate appraiser. "The reasonable portion shall be 7% of the total land in a proposed residential subdivision and 3% of the total land in a proposed commercial subdivision. M/S/P Dick Johnson/Hunt - to direct the City Attorney to prepare a formal ordinance for Council adoption based upon this proposed ordinance and the amendments discussed. (Motion carried 5-0). Mike Black pointed out there was a Resolution establishing- park - dedication fees for residential subdivisions of three or less parcels. The Parks Commission did review this resolution. This resolution will be brought back at the same time the final draft of the ordinance is reviewed. M/S/P Hunt/Williams - to bring back for Council consideration the Arabian Hills Preliminary Plat Approval. (Motion carried 5-0). Issues of discussion: park land versus the cash dedication, Lot 10 grading and drainage, landscaping on the proposed subdivision; particularly along 53rd Street, and landscaping (screening) from traffic on the impacted neighboring Keith Raleigh property Larry Lisles, the developer of Fox Fire Manor, noted. that his company has entered into an agreement with the developer of Rolling Hills (Roger Kolstad) that upon preliminary plat approval of Rolling Hlls, Lisles' company will (based on certain conditions) buy the property. Lisles stated that there is no land available in Fox Fire Manor to dedicate for parkland, however, there is approximately four acres in the proposed Rolling Hills plat which abuts the Korhel property to the south that could be dedicated for parkland and combined. with Mr. Kohrel's parkland dedication when his land is developed. It has also been proposed all along that the Kohrel property would have access to the street through Rolling Hills.