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Mermaid PUD <br />August 7, 2000 <br />Page 2 <br />(The minimum requirement for a commercial PUD is 5 acres.) The existing business <br />park access drive from County Road H would be shifted to the west to maximize the <br />contiguous parking area for the proposed development. <br /> <br />The hotel is planned to be a four story, 96-unit AmericInn. Attached to the hotel would <br />be a “water park” which would offer in addition to the pool and waterslide, hot tub and <br />sauna, a spacious lounge area (the “plaza”). Attached to the hotel and the existing <br />Mermaid facilities would be the 14,714 square foot banquet center, which would provide <br />seating for as many as 500 people. <br /> <br />Because of the number of parcels involved in this PUD, a major subdivision is required <br />which will plat the entirety of development area. With every subdivision, according to <br />Section 1204.02, a park dedication fee shall be imposed. Utilizing Ramsey County tax <br />data, the land value of subject parcels is approximately $840,000 which would thus <br />necessitate an $84,000 dedication fee. However, because this is an expansion of an <br />existing development, and less a subdivision and more a combination of parcels, the <br />Council could consider reducing or waiving this fee, if it so desires. <br /> <br />On July 19, 2000, the Planning Commission held a public hearing and approved <br />Resolution 626-00, a resolution which recommends approval of the general concept <br />plan subject to a plan revision to indicate a minimum 5 foot parking lot setback along <br />Highway 10 and County Road H. Another Public Hearing has been published for the <br />Council’s August 14th meeting. <br /> <br /> <br />Recommendation: <br /> <br />No action is required for this meeting, other than to announce that a public hearing will <br />be held by the City Council at 7:20 p.m., Monday, August 14, 2000. If the Council has <br />any questions, suggestions or recommendations as to the general concept plans or the <br />yet-to-be-submitted development stage plans, please let staff know. <br /> <br /> <br /> <br />_____________________________________ <br />James Ericson, Planner <br /> <br /> <br /> <br />Attachment: <br />1. Planning Commission Resolution 626-00