2014-11-06_PR Comm Packet - Laserfiche WebLink

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Hampton Inn Park Dedication 6. Enclosed is a site map and a letter from Jesse Messner, project manager with Cities Edge Architects regarding a proposed project in the Twin Lakes area on the corner of Cleveland Avenue and Iona Lane. Park Dedication does apply in this proposal. The cash amount would be approximately $136,486 (7% of the FMV). Theland amount would be 5% of 3.72acres or .19acre. Mr. Messner has indicated if land was recommended that it would be difficult to do the development so he is requesting that cash be accepted in lieu of the land dedication. This area is located in constellation B where there are no specific plans for a parcel of this size. The primary role of the Commission is to review and offer a recommendation to the City Council on whether to accept land, cash or a combination. Included in your packet is a copy of the Park Dedication Ordinance and general guidance from the Parks and Recreation System Master Plan on Parks and Open Space acquisition. Requested Commission Action: To discuss and make a recommendation to acceptland, cashor a combination to satisfy the Park Dedication requirements. Park Dedication Rate Review 7. This item is an effort to maintain a consistent periodic review of park dedication rates. The most recent increase for residential rates was November 2011 whenthe rates were increased from $3,000 to $3,500 per unit. Based upon the survey of other communities, system needs, CIP, Master Plan outline of needs andthe fact that a recent increase to keep pace, it may be appropriate for the rates to remain and be reviewed again next year. The Commercial Park Dedication was adjusted from 5% of FMV to 7% of FMV in 2012. Based upon the survey of other communities, system needs, CIP, Master Plan outline of needs and the fact that a recent increase occurred to keep pace,it may be appropriate for the rates to remain and be reviewed again next year.Enclosed is a survey of rates in surrounding metropolitan communities. Requested Action : Discuss the Park Dedication rate and consider a recommendation. Review Plan for Joint Meeting with the City Council 8. Time has been placed on the city council agenda for Monday, November 17, 2014 for a joint meeting to occur(approximetely 20 minutes).This is an opportunity for the commission to provide updates, discuss specific topicsof interestsandseek guidance. Followingyour discussion in October, it was determined that a typical format would be: -Brief update on current activities of the Commission -Communicate new items and seek future guidance and work direction -Seek any new topics the City Council is interested in the Commission working on Possible topicsmay include the deer population, communty center, volunteers, Evergreen Park and the Historical Society,golf course operations, Emerald Ash Borer or other topics of interest to the commission, city council and community. Requested Commission Action : Finalize approach for joint meeting.