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Elk Request for Action <br />River <br />To Item Number <br />Parks and Recreation Commission 5.1 <br />Agenda Section Meeting Date Prepared by <br />Action Item November 14,2018 Chris Leeseberg, Senior Planner <br />Item Description Reviewed by <br />River Walk Apartment-Park Dedication Steve Benoit,Recreation Manager <br />Reviewed by <br />Michael Hecker,Parks and Recreation Director <br />Action Requested <br />Recommend,by motion,park dedication be paid in the form of cash for the number of units approved by the <br />City Council at the rate applicable when the subdivision is released for recording. (This will be <br />4,897.04/unit at the 2018 high density rate) <br />And a 50-foot trail easement from under the Highway 101 bridge to the southern property line of the site shall <br />be provided. The majority of the easement shall be located above and along the bluff line. <br />Background/Discussion <br />The subject property is located on Zane Street along the 174th Avenue <br />alignment(see red dot on Figure 1). It is between the previous Saxon site <br />and the Lodge (apartments). <br />The applicant has not provided the proposed park land acreage. It is <br />guessed to be approximately 12 acres in size. <br />CR 33 <br />The Parks and Recreation Master Plan <br />The Parks and Recreation Master Plan indicates adding or protecting <br />prairie bluff lands that offer river views,as the opportunity arises in <br />this area. RR <br />The land the applicant is proposing to donate,in lieu of park Hwy Io <br />dedication,is below the bluff line and much of it is in the floodplain CR 12 <br />unbuildable). The limited areas that are not in floodplain are on steep <br />slopes. <br />Park Dedication- Cash 99 <br />The submitted drawings for the September 12,2018,Parks and y,,, <br />Recreation meeting had 103 units. This would require$504,395.12 9 <br />in park dedication. This is calculated with the high density rate of <br />4,897.04/dwelling unit. <br />Figure I <br />The Elk River Vision <br />A welcoming community with revolutionary and spirited resourcefulness, exceptional j/ / ERE 1 11service, and community engagement that encourages and inspires prosperity NATURE