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the only designated parking area for Hazelnut Park, in exchange for $1 ,000 per year in shared snow plowing expenses. In addition, the City restripes the parking lot after it has been seal coated as well as provides sporadic repairs as has been needed from time to time. No other agreements currently exist that formalize the City's use of any other aspects of the Church's property. In the past, the City has used the soccer field for programming; however, in recent years the condition of the field has made it undesirable for scheduled events. Because the City does not own the field, it has not been invested in with regular maintenance, irrigation, or fertilization, as would be done with a City -owned field. In 2009, the Church approached the City to discuss the sale of a portion of their property. The Church does not get frequent use out of the portion currently used by the City and is interested in selling the parcel in order to raise capital for renovations on the Church site. The land area proposed to be sold would include the trail entrance to the park, soccer field, and identification sign to the park. By purchasing the land and incorporating it into Hazelnut Park, the City can ensure that the use of that park remains intact in perpetuity. In addition to the sale of the land, the Church has agreed to formalize a shared parking agreement, which will be recorded against the property, ensuring designated parking for the park into the future. The City Council reviewed this proposal at two work sessions in 2010. In addition, the City's Financial Planning and Analysis Committee (FPAC) discussed this proposal at their June 8 meeting. At that meeting the committee indicated that the purchase of additional parkland made good long -term sense for the future of this park: however. they acknowledged that the price of the land should weigh into the decision. The PTRC has also discussed this proposal and supported the City purchasing additional parkland if it was found to be financially feasible. At their September 20, 2010, work session, the City Council directed staff to move forward with the purchase of approximately 70.000 square feet of land at a purchase price of three dollars per square foot. 2. Project Description The application consists of four components; a Preliminary Plat. Final Plat, Master PUD and Final PUD. The Preliminary and Final Plat is necessary to subdivide the property and file the subdivision with the County recorder. Subdividing the current parcel into the two proposed lots would cause the Church's remaining property to become non - conforming within the R -2 District since it would reduce the required amount of landscaped coverage on their parcel. Therefore, the applicant must receive a Planned Unit Development (PUD) in order to proceed with the subdivision and allow for the reduction of landscaped coverage. The City's 2030 Comprehensive Plan does not reflect a change in the zoning or land use designation of this parcel. Subject to the successful signing of a purchase agreement and closing, the City and the Church will also enter into formal agreements regarding the use and maintenance of the Church parking lot. The current conditions of the potential agreement state that the City City of Arden Hills Planning Commission Meeting for April 6, 2011 Page 2 of 7