2019.03.20 Parks Packet - Laserfiche WebLink

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5. CONSISTENCY WITH COMPREHENSIVE PLAN: Parks According to the Parks, Trails, and Open Space Plan, the property is in neighborhood park service area 3. There are no existing parks in the area besides the park land that was recently dedicated with Oneka Place which is adjacent to the development. Currently, there is not a plan for the park but a passive trail system has been discussed. Frog Hollow, in neighborhood park service area 4, may be considered to be within walking distance. Trails and Greenways The Trail Plan shows an existing trail extending from Farnham Avenue North through the northeast corner of the property. The entire property is shown as a part of the greenway corridor that follows the ditch. The developer has indicated that they would extend the City's trail system through the subdivision and make connections to the trails in the future park. 6. PARK DEDICATION REQUIREMENTS: The developer is required to dedicate land, pay a fee, or a combination of land and fee. At this time, the developer has not indicated how they propose to satisfy the park dedication requirement, but it is assumed that they will pay the fee because they are not showing a land dedication. The park dedication section of the City Code requires the applicant dedicate 10% of the developable acres for park land with a density of up to 3.99 units per acre. The developer has indicated that there are 27.31 acres of buildable land in the development. Therefore, the developer would be required to dedicate 2.73 acres of park land. The current park dedication fee is $2,400 per unit. If a fee is preferable, with 84 units, the park dedication fee would be $201,600. Park Dedication Calculations 10 % of the developable acres 2.73 acres $2,400 per unit $201,600 $201,600 -3- The Meadows at Hugo March 20, 2019