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Silver Lake Commons Minor Subdivision Request Meeting Date: September 17, 1997 Page 2 • 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 proposes 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. Easements: Staff has requested that easements be dedicated for drainage and utility purposes on the combined lot along the property lines. Ten feet will be required along the front and rear property lines and five feet for the side property lines, which are shown on the Certificate of Survey. These easements shall be executed by means of a document to be recorded with Ramsey County prior to the Mayor's and the City Administrator's signatures on the Certificate of Survey. In addition, a shared access driveway easement will need to be executed prior to City Council action on this 11111 minor subdivision. Upon approval of this request, the shared access driveway easement shall be recorded with Ramsey County. This easement will guarantee vehicle access to the apartment buildings via the access from the townhome parcel. Changes to Survey: At the Planning Commission's last meeting on September 3, 1997, staff requested that the Certificate of Survey be amended to reflect the addition of three things: (1)the title "Certificate of Survey, "(2) a signature block bearing the names of the Mayor, Duane McCarty, and City Administrator, Charles Whiting; in addition to the name(s) of the property owners of the development shall be added to the survey, and (3) a block of text regarding the drainage and utility easement. This has all been accomplished with the exception of a place for the owners of the property to sign on the certificate of survey. This will need to be done prior to Council action of this request. Recommendation: Staff recommends that the Planning Commission approve Resolution 529-97, a resolution recommending approval of a minor subdivision request of MSP Real Estate to combine the two vacant parcels south of the apartments into one lot, provided staff has resolved the two issues described above, subject to stipulations. N:\DATA\GROUPS\COMDEV\DEVCASES\5049TMINOR PC.RPT