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The following is guidance from the Parks and Recreation System Master Plan on Parks and Open Space acquisition: Goal 3 - Parks and Open Space Acquisition Add new parks and facilities to achieve equitable access in all neighborhoods, accommodate the needs of redeveloping areas, and meet residents' desires for a range of recreation opportunities serving all ages, abilities, and cultures. Policy 3.1: Ensure that no net loss of parkland or open space occurs during alterations or displacement of existing parkland and open space. If adverse impacts to parkland or open space take place, ensure that mitigation measures include the acquisition of replacement parkland of equal or greater size and value. Policy 3.2: As areas of Roseville evolve, and properties undergo a change of use and/or density, land should be dedicated to the community for park purposes to ensure adequate park facilities for those new uses. Policy 3.3: Determine potential locations and acquire additional park land in neighborhoods and constellations that are lacking adequate parks and recreation facilities. Policy 3.4: Determine locations for new park and recreation facilities in redevelopment areas as part of the redevelopment process and use the park dedication process to acquire appropriate land. Policy 3.5: Make continued effective use of the Park Dedication Ordinance. Park land dedication will be required when land is developed or redeveloped for residential, commercial, or industrial purposes. Review annually park dedication requirements in order to ensure that dedication regulations meet statutory requirements and the needs of Roseville. Policy 3.6: Use park dedication funds to acquire and develop new land in addition to other funding sources. Policy 3.7: Acquire properties necessary to implement adopted park concept plans and in Roseville's Comprehensive Land Use Plan, and consider other additions based on needs identified in the sector or constellation concept. Acquire land on a "willing seller" basis unless otherwise determined by the City Council. Requested Commission Action: To discuss and make a recommendation to accept land or cash in lieu of land dedication to satisfy the Park Dedication requirements. 5. Master Plan Implementation Discussion At the December 12th City Council meeting, the sale of bonds were awarded in the amount of$5M for the initial segment of the Park Renewal Program (PRP). Staff is in the process of moving forward with the plan.