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. . . ARDEN HILLS CITY COUNCIL - APRIL 26, 1999 8 1. Payment of the appropriate park dedication fee. 2. Recording the subdivision in the fonn of a Registered Land Survey, 3. Rice Creek Watershed District approval. 4. The basement elevation not be below 906.2 feet, unless Engineering specifications providing proof of adequate drainage below 906.2 are submitted to Staff for approval below the 906,2 level. 5. A finding that the grading of the property does not adversely affect the neighboring properties, 6. Provision of a drainage easement per the Subdivision Ordinance, Ms, Randall stated staff would recommend that condition number five be reworded to state "The grading of the property shall not adversely affect the neighboring properties." Councilmember Larson asked if the front yard of proposed Lot 2 would face V alentine Avenue or Valentine Lake Road, Ms, Randall explained that since it is a corner lot, both setbacks would be 40 feet. The zoning ordinance requires that the shorter of the two lot lines will determine the front yard, Given that the property line of V alentine Avenue is shorter, the tront yard will be on Valentine Avenue, Mayor Probst asked, when the assessments were made for County Road F, was this lot one in which one-half of the assessment was held as pending. Mr. Fritsinger stated that there were no deferred assessments placed on this lot. Mr. Larry Pebbles, Coldwell Banker, stated that both of the lots would be one-half acre in size. Hc stated that he accepts all the conditions of approval and he felt that the park dedication fee was high, Council member Malone noted that the park dedication fee is based on a land value of only $2.00 per square foot. Councilmember Larson asked how the valuation of the home was determined for park dedication. He noted that the purchase value of the parcel was $115,000, yet Ramsey County has an assessed value of $142,500. Mr. Pebbles explained that the home is in need of repairs and is in a deferred situation. Councilmember Malone stated that this makes the park dedication tee basis only $1.50 per square foot. Councilmember Aplikowski stated that she had expected representatives from the neighborhood to be present at the meeting as there had been a concern regarding the water drainage of the property. Mr. Pebbles stated that there is a gentle slope to the rear of the property and the drainagc will be properly handled.