CCP 04-29-2002 - Laserfiche WebLink

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Memo to Mayor and City Council Planning Case #02-03 Page 2 oB e from the City Council. 4. Following recording with Ramsey County, the applicant will provide evidence of recording to the City of Arden Hills along with a copy of the registered land survey. 5. Payment of the appropriate park dedication fee as determined by an independent appraisal provided by the applicant. Based on conversations with the applicant and City Engineer, it was determined that it was not imperative that condition #2 be incorporated included as a condition of approval. This is due to the fact that existing utilities are in place to serve the site, so the City has no immediate or anticipated need for the easement Staff would suggest omitting this condition if the project were to be approved. Additional Issues As the applicant's statement and the March 21, 2002 memo to the Planning Commission indicates, the applicant is requesting a waiver or reduction of the park dedication fee. With regard to payment of the park dedication fee, Chapter 11, Section 1130.08, 0 of the City Code indicates the following: "Cash in lieu of dedication. In lieu of the dedication ofland for recreational and conservation purposes, the City. Council may require the developer to pay to the City, as an eqnivalent 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. The fair market value of the property shall be detennined by reference to current appraisal data or sales information. When appraisat data is utilized, the developer shall reimburse the City for tbe cost of the appraisal prior to the issuance of any development pennits." . Given the number of lots/new housing units to be created, this lot requires the minimum dedication amount of six percent Since the lot will be given to the applicant's daughter, sales information would not be an accurate representation of market value. In this instance, an independent appraisal would be required to determine market value. From staffs perspective, the Council has three general options: 1. Require payment of the code required park dedication fee amount. For comparative purposes, the most recent park dedication fee paid was $4500 for a 16,575 square foot lot Since the newly created lot is over twice the size of this lot at 39,256 square feet, it is anticipated that the fee for this property would be higher. 2. Require payment of the code required park dedication fee amount based on a different standard of market value such as the County's assessed market value. Ramsey County's assessed market vaiue for the land is currently $74,500 for the entire 1.6 acres. On a proportional basis, this represents a market value of $41,168 for the newly created lot, which translates into a park dedication fee of $2,470. 3. Provide a waiver of the entire park dedication fee. . Ultimately, it is a judgment call on the part of the Council when deciding on which of the above