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Elk Request for Action <br /> River <br /> To Item Number <br /> Parks and Recreation Commission 5.1 <br /> Agenda Section Meeting Date Prepared by <br /> Action Item November 14,2018 Chris Leeseberg, Senior Planner <br /> Item Description Reviewed by <br /> River Walk Apartment-Park Dedication Steve Benoit,Recreation Manager <br /> Reviewed by <br /> Michael Hecker,Parks and Recreation Director <br /> Action Requested <br /> Recommend,by motion,park dedication be paid in the form of cash for the number of units approved by the <br /> City Council at the rate applicable when the subdivision is released for recording. (This will be <br /> $4,897.04/unit at the 2018 high density rate) <br /> And a 50-foot trail easement from under the Highway 101 bridge to the southern property line of the site shall <br /> be provided. The majority of the easement shall be located above and along the bluff line. <br /> Background/Discussion <br /> The subject property is located on Zane Street along the 174th Avenue <br /> alignment(see red dot on Figure 1). It is between the previous Saxon site <br /> and the Lodge (apartments). <br /> The applicant has not provided the proposed park land acreage. It is <br /> guessed to be approximately 12 acres in size. <br /> CR 33 <br /> The Parks and Recreation Master Plan <br /> The Parks and Recreation Master Plan indicates adding or protecting <br /> prairie bluff lands that offer river views,as the opportunity arises in <br /> this area. RR <br /> The land the applicant is proposing to donate,in lieu of park Hwy Io <br /> dedication,is below the bluff line and much of it is in the floodplain CR 12 <br /> (unbuildable). The limited areas that are not in floodplain are on steep <br /> slopes. <br /> • <br /> Park Dedication- Cash 99 <br /> The submitted drawings for the September 12,2018,Parks and y,,, <br /> Recreation meeting had 103 units. This would require$504,395.12 ',,, <br /> 9 <br /> in park dedication. This is calculated with the high density rate of <br /> $4,897.04/dwelling unit. , <br /> Figure I <br /> The Elk River Vision <br /> A welcoming community with revolutionary and spirited resourcefulness, exceptional j/ / ERE 1 11 <br /> service, and community engagement that encourages and inspires prosperity NATURE <br />