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<br />Case File: P 07-06 <br />P4,>"e 2 <br /> <br />Pintail Estates <br />Riverside Companies <br /> <br />Attachments <br />. Location Map <br />. Preliminary and Final Plat dated April 30, 2007 <br />. Resolution of approval <br /> <br />General Information <br /> <br />Applicant <br />60 Day Rule <br /> <br />Requested Action <br />location and Size <br /> <br />Riverside Companies <br />The application has been deemed complete as of April 30, 2007. <br />The City must take action by August 30, 2007. <br />Administrative Subdivision approval <br />Approximately 40 acres north of Co Rd 12, south of Trott Brook. <br /> <br />location Existing Use land Use Plan Designation Current Zoning <br />Subject Ag Urban Residential R-ld <br />Property <br />North Ag Urban Residential R-ld <br />South T ownhomes Urban Residential R-3 <br />East Ag Urban Residential R-ld <br />West Ag Urban Residential R-ld <br /> <br />Analysis <br /> <br />The applicant requests approval to subdivide the subject 39.03 acres into two lots: <br /> <br />Lot 1, Block 1 20.06 acres <br />Outlot A 18.97 acres <br /> <br />Comprehensive Plan <br />The proposed subdivision is consistent with the Comprehensive Plan. <br /> <br />Parks <br />Park dedication is based on 10% of the market value of the land. City policy has been to require park <br />dedication on only platted parcels, not outlots. For the platted 20.06 acres, the park dedication would be <br />the fair market value of 2.006 acres. Using a value of 50,000 for estimation purposes, the fair market <br />value would be $100,300. Park and Recreation staff and the property owner are working on an <br /> <br />C:\Doeuments and Settings\jmiller\Local Settings\Temporary Internet Files\OLK3E\Pintail EstatesP 07-06 CC staff report.doc <br />