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<br /> <br />Arndt Subd. Report <br />July 20, 2005 <br />Page 2 <br /> <br />Park Dedication Requirements <br /> <br />Every subdivision of land is subject to park dedication requirements. The City Code in Chapter <br />1202 indicates that up to 10 percent of the land value be dedicated to the City to help offset <br />future park impacts associated with the development of land. The Fairchild property is valued at <br />4.42 per square foot. Two new homes will be constructed as a result of this subdivision, yet one <br />of the homes replaces an existing home and thus should not be subject to the dedication. The <br />land value of the smaller of the two lots to be created (Tract A) would be $56,700. Ten percent <br />of that value--$5,670--would represent the appropriate park dedication fee. <br /> <br />Easements <br /> <br />With every subdivision of land, the City requires that drainage and utility easements be <br />dedicated around the perimeter of the lot. The Certificate of Survey provided by the applicants <br />indicates the presence of two existing utility easements and an easement along the front of <br />Fairchild Avenue for right of way purposes. The two new lots fronting Fairchild Avenue will <br />need to provide five-foot side yard and 10 foot front and rear yard utility easements. Staff will <br />prepare these documents with descriptions provided by the applicant’s surveyor. One of the <br />existing easements will need to be vacated—the five-foot strip that runs along the east five feet <br />of the south 85.5 feet of 8084 Fairchild Avenue. Vacation of easements is accomplished by <br />ordinance. <br /> <br />Technical Issues <br /> <br />The Certificate of Plat and Survey provided by the applicants has been reviewed by the City <br />Attorney and found to include some measurement discrepancies. The survey has been <br />returned to the surveyor for correction. The applicants have provided a Title Commitment for <br />the Sherwood Road parcel however a Commitment will also need to be provided for the <br />Fairchild parcel. <br /> <br /> <br />Recommendation: <br /> <br />Staff recommends that the Commission approve Resolution 803-05, a resolution recommending <br />approval of a minor subdivision of 8084 Fairchild Avenue and 2812 Sherwood Road, with <br />conditions. <br /> <br /> <br />Respectfully submitted, <br /> <br /> <br /> <br />Jim Ericson <br />Community Development Director <br /> <br />