7.3. PRSR 10-12-2016 - Laserfiche WebLink

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El -, Request for Action River To Item Number Parks and Recreation Commission 7.3 Agenda Section Meeting Date Prepared by Action Items October 12,2016 Steve Benoit, Recreation Manager Item Description Reviewed by Park Dedication for the Plat of Aggregate Michael Hecker,Parks and Recreation Director Commercial 5th Addition Reviewed by Action Requested Recommend,by motion,park dedication for the Final Plat of Aggregate Commercial 5th addition to be as follows: 1. Park dedication shall be paid in the form of cash for 26.19 acres at the City Council established rate when the subdivision is released for recording. The current rate is 8%of the county assessed value which equates to $12,099 for this application. Staff will determine the final amount when the plat is released for recording. Background/Discussion The subject property is east of Highway 169 and south of 217th Avenue. The applicant will be platting 42.48 acres for an off-road racing facility. Because the existing ERX track comprises 13.29 acres and is not eligible for park dedication, only 29.19 acres are eligible. Parks and Recreation Master Plan The Neighborhood Parks Service Area text in Chapter 5 of the master plan states, recreation facilities should be developed when 300 or more households within cluster developments or on lots less than 2 acres are located within 1.5 miles of the park. The subject property does not meet this requirement. Therefore, staff recommends the Parks and Recreation Commission recommend Park Dedication be in the form of cash. Trail Connectivity (Figure 5.6), as indicated in the master plan, states that Priority Conceptual Connections are desired in a general area east of the subject property. This connection likely will occur with other transportation projects in the region. Financial Impact None Attachments • Location Map • Preliminary Plat • Priority Conceptual Connections (Fig 5.6) • Site Plan • Park Dedication Calculations POEREU 11 NATUR