02-12-2025 Parks and Recreation Commission Packet

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The Elk River Vision A welcoming community with revolutionary and spirited resourcefulness, exceptional service, and community engagement that encourages and inspires prosperity Request for Action To Parks and Recreation Commission Item Number 7.3 Meeting Date February 12, 2025 Prepared By Jeff Shelby, Recreation Manager Item Description Specht Family Farm Residential Development Park Dedication Reviewed by Jeff Shelby Joe Stremcha Action Requested Recommend, by motion, park dedication for the Specht Family Farm Residential Development be paid in cash, land, or a combination thereof, at the applicable rate at the time of recording. Background/Discussion At the January 8 Parks and Recreation Commission Regular Meeting, Capstone Homes presented their vision for the Specht property, including their park dedication proposal. The commission was invited to walk the property to gain a better sense of the land being discussed. The site is approximately 250 acres in size and the development proposal includes 533 new single-family parcels. Plans identify approximately 42 acres of park and open space, including a trail running from north to south, with a large segment along the river. The consideration and recommendation of the proposed land for park dedication should be informed by city ordinance, city standards, land use guidelines, as well as historical precedent. In the past, the Parks and Recreation Commission has largely not recommended wetlands or land in a floodplain as acceptable for park dedication credit. It should be noted that a significant portion of the land proposed here for park dedication credit contains wetlands and does fall within the floodplain. Financial Impact None Mission/Policy/Goal Responsible for every dollar - good stewards. Support the growth and development of the community.Opportunity to live, work, and play. Attachments 1. Specht Property V2 Page 20 of 33