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Gly *f <br />Elk <br />Diver <br />Request for Action <br />To <br />Item Number <br />Nla�-or and Cite Council <br />19.1 <br />Agenda Section <br />Meeting Date <br />Prepared by <br />Work Session <br />January- 21, 2020 <br />Zack Carlton, Planning NIana er <br />Item Description <br />Reviewed by <br />Joint Meeting '"Fith Parks and Recreation <br />Cal Portner, City Administrator <br />Commission to Discuss Park Dedication for River <br />Reviewed by <br />Walk Apartments <br />Action Requested <br />Discuss park dedication requirements for development of the. former Saxon Motors site as high -density <br />residential. <br />Background/Discussion <br />On December 16, 2019, the City Council and Pat Brings (representing the property owner Sun Rae <br />Apartments, LLC) discussed park dedication requirements for redeveloping the Saxon Motors property <br />and the two vacant lots to the north as a 200-unit high -density residential development. There is also the <br />possibility of incorporating climate -controlled storage as part of the project. <br />Mr. Briggs also submitted a proposal to dedicate 12.2 acres of land to satisfy the park dedication <br />requirements for the residential development. Around 80 percent the proposed land dedication is within <br />the floodplain along the Mississippi River as the buildable area outside of the floodplain is approximately <br />2.3 acres. <br />State statute states that only buildable land should qualif= for dedication. Flood plain and steep slopes <br />(bluff areas) are not considered buildable land. <br />River Walk Projcct <br />A conceptual 200-unit residential development on the former Saxon Motor site would require payment of <br />a Park Dedication Fee. Previous direction from the Part: and Recreation Commission and City Council <br />called for a trail easement and cash dedication. The trail easement is not required to count as land <br />dedication and it was not included as such during previous discussions. The cash dedication for this <br />project would account for the 200 units and discount what has been satisfied as an existing commercial <br />use. <br />200 units x $4,897.04 ® ($35,392.00 credit for commercial use) = $944,016.00 <br />If the city chooses to accept land to satisfy park dedication requirements, ordinance requires 9.48 acres. <br />Council and the Parks and Recreation Commission may accept land to satisfy some or all the required <br />dedication, but the previous recommendation did not include direction for park land 111 the subject area., <br />which is also consistent with the Parks Master Plan. <br />The Elk River Vision <br />-1 vvlcolvvrg coiwmingy aY ill) yet hihoutuy arud .s pIIiled iesowtr fulness, exceptional p u w E R E 0 8 r <br />scirlt-e, and cvliviut zily el ggagemenl l)al ens vinclges and il7Vir es pi -spew 'ty JNAfUR <br />