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Item No. 'ID Staff Report No. q7-22/8C,. Meeting Date: September 22, 1997 Type of Business: CB • WK: Work Session;PH:Public Hearing; CA:Consent Agenda;CB:Council Business City of Mounds View Staff Report To: Mayor and City Council From: James Ericson, Planning Associate Item Title/Subject: Consideration of Resolution No. 5162, a Resolution Approving the Minor Subdivision Request of MSP Real Estate for the Properties Located at 2637-2645 Highway 10;Planning Case No. 504-97 Date of Report: September 18, 1997 Background: On September 17, 1997, the Planning Commission recommended approval of this minor subdivision request and on September 3, 1997, the Planning Commission recommended approval of the development review request, both for the Silver Lake Commons residential development to be located on 2637 -2665 Highway 10. This development includes the renovation of the existing • Red Oak Apartments and the construction of 10 new townhouse-styled dwellings on the vacant parcels south of apartments. Analysis: Process: The minor subdivision process, as defined in Section 1201.03 and described in Chapter 1202, is required in this situation to combine the two vacant parcels south of the existing apartments into one parcel for tax purposes and to eliminate the interior lot line. Because the two lots are less than two acres total, a major subdivision is not needed. To record the minor subdivision with the County, a Certificate of Survey drafted by registered land surveyor is needed. Park Dedication Requirements: Section 1204.02 of the Mounds View Municipal Code requires that any subdivider of land shall either dedicate land or make a payment to the City for park dedication purposes in an amount set forth by the Code. For residential developments, this fee is based on gross density, or in other words, dwelling units per acre. For developments having gross densities in excess of 5 dwelling units per acre, the fee is an amount equal to ten percent of the fair market value of the land being subdivided. Since an appraisal of the vacant lot has not been accomplished, staff and the applicant • propose to substitute the actual purchase price for the lots, which is $75,000. Using this figure, the appropriate park dedication fee would be $7,500. Staff will require that this fee be paid prior to building permits being obtained for this development.