12-17-2002 PTRC Agenda - Laserfiche WebLink

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• Page 2 of 4 / October 16, 2002 Guidant Update 6. Compliance with applicable provisions of the City Code and related ordinances. 7. Satisfaction of a park dedication requirement as approved by the City Council. The motion carried unanimously(6-0). Commissioner Ricke moved, seconded by Commissioner Zimmerman, to approve Planning Case #02-25B, Planned Unit Development Master Plan, with the following recommendations and conditions: . 1. Approval of a PUD Permit and Development Agreement. 2. The phasing schedule follow the revised schedule proposed by staff. 3. An updated traffic study to be completed at the conclusion of Phase I and at the conclusion of Phase II Development. 4. Approval of the Final Alternative Urban Areawide Review Mitigation Plan. S. Submittal of a revised Drainage and Utility Plan as approved by the City Engineer. The motion carried unanimously(6-0). The two aforementioned cases will be presented for the City Council's consideration at the October 28, 2002 meeting. Park Dedication Issue The Guidant property is currently unplatted. As such, a park dedication fee is required. The following language from the City Code is illustrative: ". . . the developer of a parcel of land shall dedicate to the public for use as parks, playgrounds, trails, wetlands or open space, a reasonable percentage of the tract to be developed. In determining the percentage of dedication, the City Council shall take into consideration the amount of open space,park, recreational or commons areas and facilities which the developer has designed into the proposed development for use by occupants of the development. The City Council shall be guided by the following criteria in establishing a particular percentage dedication requirement:. . . . _.Nonresidential projects or combination residential and commercial projects. The percentage of dedication for nonresidential projects or combination residential/commercial projects shall not exceed ten (10%)percent_ . . . Cash in lieu of dedication. In lieu of the dedication of land for recreational and conservation purposes, the City Council may require the developer to pay to the City, as an equivalent contribution,an amount in cash equal to the percentage of the land required to be dedicated, multiplied by the fair market value of the property at the time of final approval of the development application."