7A, Planning Case 11-011 – Select Senior Living PUD & Plat

Home Browse Search

requirement because of the platting of the parcel. Based on the Code, park dedication can be in the form of a percentage of land dedicated to the City, or as cash in lieu of a dedication. In the event of a cash dedication, the amount could be up to ten percent of the fair market value of the property. According to the Ramsey County Assessor, the property has an assessed value of $2.67 million. Based on a review of adjacent communities’ codes and the anticipated use of the site as senior housing, Staff is recommending a reduced park dedication amount of five percent of the 2011 assessed land value, or an amount of $133,350. This amount would need to be paid in cash prior to the execution of the Final Plat, unless the developer enters into an agreement for a payment plan. According to State Statute, cash payments made to cities in lieu of park dedication can only be used towards the construction of new recreation facilities and cannot be used to maintain existing facilities. There are not many opportunities in a fully developed community like Arden Hills to increase park funds through park dedication. The benefit of cash park dedication to the City is dedicated dollars for trail development, which would otherwise not be able to occur. After discussions with the developer, Staff would also be open to an alternative option related to park dedication. The developer has suggested that the City waive park dedication, and as part of the approval of the preliminary and final plat, the developer would give to the City, through a future assessment against Lot 2, an amount of $133,350 over and above any other assessments related to the implementation of the streetscape improvements for the B-2 District. In other words, it is anticipated that the City will assess a portion of the streetscape improvements related to the Guiding Plan for the B-2 District against the benefiting property owners. The owner of Lot 2 would agree to these assessments, plus an addition $133,350 towards the project. The benefit to the City in this arrangement would be the ability to use these funds toward accomplishing the streetscape improvements along County Road E. Staff is requesting that the City Council provide direction on which park dedication option they prefer. A.A cash payment of $133,350 at the time the subdivision occurs B.A future assessment of $133,350 over and above Lot 2’s proportional share of the County Road E streetscape improvements, levied at the time the improvements are implemented. Findings of Fact The Planning Commission offers the following findings of fact for the City Council’s consideration: General Findings: City of Arden Hills City Council Meeting for June 27, 2011 \\Metro-inet.us\ardenhills\Planning\Planning Cases\2011\11-011 - Select Senior Living PUD (PC Approved)\06-27-11 - Select PUD and Plat - Memo.doc Page 4 of 8