7.1 PRSR 12-11-2019 - Laserfiche WebLink

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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 7.1 Agenda Section Action Items Meeting Date December 11, 2019 Prepared by Steve Benoit, Recreation Manager Item Description Park Dedication for the plat of Cascade Industrial Park Third Addition, Case No. P 19-13 Reviewed by Chris Leeseberg, Senior Planner Reviewed by Michael Hecker, Parks and Recreation Director Action Requested Recommend, by motion, park dedication for Cascade Industrial Park Third Addition to be as follows: 1. Park dedication shall be paid in the form of cash for approximately 25 acres at the City Council established rate when the subdivision is released for recording. The current rate is 6% of the county assessed value, which equates to approximately $66,360 for this application. Staff will determine the final acreage and amount when the plat is released for recording. Background/Discussion The subject properties are located west of Jarvis Street roughly between 161st Ave and 163rd Ave. (Figure 1). The applicant, Copart of Connecticut, Inc., has submitted an application to plat Cascade Industrial Park Third Addition on three outlots (PID’s 75-712-0010, 75-712- 0030, & 75-712-0040) to expand their currently approved salvage yard operations. The three outlots are currently vacant and undeveloped. The final plat will combine the existing outlots into one buildable lot (Lot 1 – approximately 25 acres), and Outlot A (approximately 2.28 acres). Only Lot 1 is eligible for park dedication. The Outlot is not subject to park dedication until it is plated for development. The application package also includes a request to vacate the undeveloped right-of-way through the property. Right-of-way will be established on the north side of Lot 1 to provide access to the city owned property to the west.