2010.09.08 Parks Packet - Laserfiche WebLink

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CITY OF HUGO COMMUNITY DEVELOPMENT DEPARTMENT Memorandum TO: Parks, Recreation and Open Space Commission FROM: Shayla Syverson, Parks Planner DATE: September 8, 2010 SUBJECT: Park Dedication Policy Revisions BACKGROUND: At the July 14, 2010 meeting, the Parks, Recreation and Open Space Commission reviewed the current Park Dedication Policy and had discussions on several options for revisions to the policy. Staff was directed to not give credit for private open space/ recreation facilities, allow developers to dedicate land outside of the development, use a matrix and have increased dedication requirements for more dense developments and to keep the policy simple. At the August 11, 2010 meeting the Parks, Recreation and Open Space Commission reviewed and discussed proposed changes to the Park Dedication Policy. Staff was directed to estimate future commercial and industrial park dedications and draft an amendment to the Park Dedication Policy Ordinance. PROPOSED CHANGES: Add a matrix formula to the Park Dedication Policy which assigns park dedication requirements based on the density of the development. Density 0-3.99 units per acre 4.00-5.99 units per acre 6.00-7.99 units per acre 8.00-9.99 units per acre 10.00 < units per acre Percentage of Land to be Dedicated (of the buildable_ land) 10% Add an appeal process to the policy which allows the developer to pay a percentage of land to be dedicated multiplied by the fair market value of the net buildable land. This ensures that the Park Dedication Policy relating to the fair market value of the land is in keeping with Minnesota State Statutes. As a part of the appeal process, the developer would be required to pay for and provide an appraisal for the land to be developed. The city maintains authority to accept the appraisal as provided.