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Background <br />■ Riverwalk project re -submitted in January <br />■ Two 89-unit buildings for 178 total units. <br />■ Net density of 32 units/acre <br />■ Park dedication is $871,673.12 under current fee schedule <br />■ Park and Rec reviewed project and recommended cash donation <br />along with a trail easement. <br />■ Easements do not provide credit towards fee. <br />■ Applicant narrative notes that current fee may make the project <br />economically unworkable. <br />■ Reconsider discussion on tiered or capped fee. <br />