2014.02.26 Parks Packet - Laserfiche WebLink

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construct and incur all costs for building the trail. In the future, the trail is planned to make connections to 130th Street, Goodview Avenue, and 125th Street. The developer will be extending 125th Street to provide access to the development from Hwy 61. East of Fenway Avenue, 125th Street is currently a gravel roadway. The developer will improve 1256' Street to be a rural -section paved roadway. The intersection at the entrance to Fox Meadows, at 125th Street and Fondant Trail, is likely to be reconfigured with future development. The properties to the north and south of 1251 Street are likely to be re -developed. At that time, 125`h Street will be improved to be an urban -section paved roadway which will include an expanded right-of-way and construction of an adjacent trail. Open Spaces/Parks The proposed development is served by Beaver Ponds Park, which is an existing neighborhood park. When Beaver Ponds was developed, the park was planned to also serve future development in the surrounding areas. Additional parkland or a new neighborhood park is not needed. The applicant is proposing to pay a fee in lieu of making a land dedication. 3. PARK DEDICATION REQUIREMENTS: In order to develop a system of parks within the community to serve the public's health and recreational needs, a fee or land shall be dedicated to the city when land is subdivided for residential purposes. Recommendations shall be made by the Parks Commission in accordance with the Parks, Trails, and Open Space Plan. Dedication is subject to approval by the City Council. The developer is required to dedicate land or pay a fee or a dedicate combination of land and fee. Land Dedication Option The City finds that the more dense a development is, the more demand for park land it creates since lots can be smaller affording less private recreational space and more occupants per acre. Fox Meadows is proposed to include 57 homes on 21.97 acres at a density of 2.6 units per acres. Therefore, the applicant would be required to dedicate 10% of the total buildable acreage or 2.2 acres of land. Fee Dedication Option At the City Council's discretion, a fee may be accepted or required. The City Council annually sets the park dedication fee which is currently $2,400 per unit. The applicant would be required to dedicate $136,800. The applicant shall pay the fee that is in effect at the time of final plat. -2- Fox Meadows February 26, 2014