CCP 02-13-2006 - Laserfiche WebLink

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. . . Should a fee be accepted in licu of a land dedication, the park dedication fee would be six pcrcent of the land value of the property at the time of final approval of the subdivision. The 2006 market value of the entire property according to Ramsey County records is $606,500. This value would result in a park dedication fee of $36,390. Although the subdivision ordinance does provide a guide for calculating a park dedication ofland or money, the City Council does have the discretion to reduce or eliminate the potential maximum park dedication fee of$36,390 if the circumstances wanant a reduction or elimination. Mr. Pogue, the representative of the Lodge, has submitted a letter requesting that the park dedication fee be waived. The letter is attached to this report. Staff does recommend that the City Council consider reducing or eliminating the park dedication fee in this particular case due to unique circumstances. Unlike the remaining property with the Lodge building, the new ly created lot does not have direct access to the lake. The high land value and suhsequently high park dedication fee is due to the lake access. The proposed eastern lot is worth significantly less once it no longer has direct access to the lake as part of the Lodge, For example, the mcdian land value of eight properties within the same neighborhood but without direct lake access is $81,600 (with a range of$56,500 to $134,500). If, for thc purposes of this discussion, the land value of the new vacant lot was $81,600, the park dedication lee would be $4,896. Furthermore, because the applicant is consolidating three potentially legally buildable lots into one pennanent and conforming lot, the future impact on the park system may have been reduced. Although recommended condition four states that the park dedication fee shall be paid before the subdivision is filed with Ramsey County, the City Council may permit the applicant to pay up to two-thirds of the fee over a period of up t018 months subject to an agreement approved by the City Attorney (Section 1130.08 Subd. 2E). One third of the payment would still be due before the subdivision is filcd with Ramsey County. Deadline for Al!encv Actions The City of Arden Hills received the completed application for this rcquest on December 30, 2005. Pursuant to Minnesota State Statute, the City must act on this rcquest by February 28, 2006 (60 days), unless the City provides the petitioner with written reasons for an additional 60 day review period. The City may with the petitioners' consent extend the review period beyond the 120 days. Options 1. Recommend approval as submitted. 2. Recommend approval with conditions, \l,/'v!etro-iJ1et.us'lnrdcnhifls\PlanningIP!(/!/I1;ng Cases\2006\06-004 Oddfelloa'S Minor Subdivision\()20606 - CC Report - Oddle/lows Minor Subdivision. doc Page 3 of4 )