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i. Y <br /> • <br /> -3- <br /> Parks and Recreation Director Anderson indi- <br /> cated that the preliminary estimates showed <br /> 11/1 <br /> that the grant would be for $ 175 , 000 and <br /> there was a potential of a 75% match but it <br /> appeared that a 50% match or $87 , 500 would be <br /> necessary to match the grant. <br /> After a great deal of discussion , it was the <br /> recommendation of the Park Commission to re- <br /> prioritize the 1986 long range priorities to <br /> develop tennis courts at Greenfield Park in <br /> 1985 and to utilize the Park Dedication Fee <br /> from Pinecrest Properties as well as Storm <br /> Water Management Fund as a match for the pro- <br /> posed L.A.W.C .O.N. Grant. The Park Commis- <br /> sion further stated that the development of <br /> Greenfield Park was a priority and they felt <br /> that with grant monies being on such a limit- <br /> ed basis , all efforts should be made to util- <br /> ize the matching funds . <br /> A motion was made by Chairperson Burmeister , <br /> seconded by Commissioner Bowman to accept the <br /> Greenfield Park L.A.W.C.O.N. grant in 1985 <br /> with the matching funds to be allocated from <br /> the Pinecrest Park Dedication Fund , interest <br /> from the Special Project Fund of $40 ,000 rep- <br /> • rioritize the 1986 and 1985 projects with an <br /> additional $8 ,000 from the Storm Water Man- <br /> agement Fund. The motion passed unanimously. <br /> 6 ayes , 0 nays <br /> PINECREST PROPERTIES Staff reviewed the status of the Pinecrest <br /> PARK DEDICATION FUND Properties sub-division , which is 52 acres of <br /> vacant land located in the southwest corner <br /> of Highway 10 and County Road H2. Staff <br /> reviewed this issue during the discussion of <br /> the Greenfield Park development plan and <br /> recommended that the Commission go on record <br /> requesting cash rather than land equivilent. <br /> Based on the appraisal of the property of <br /> $709 ,800 .00 , the potential park dedication <br /> fee would be $70 ,980 . 00 . It appears that the <br /> land will be sub-divided in sections with the <br /> initial sub-division being 16 . 33 acres enti- <br /> tled the Rachell ' s Addition , which would be a <br /> park dedication charge of $21 ,849 . 00 . <br /> Following staff ' s presentation , a motion was <br /> made by Commission Burmeister , seconded by <br /> Commissioner Silvis to recommend approval of <br /> cash; in lieu of land for the Pinecrest Pro- <br /> perties park dedication fee . <br /> 1111 6 ayes , 0 nays <br />