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Request for Action <br />To Item Number <br />Ma Tor and CinT Council 4.5 <br />Agenda Section Meeting Date Prepared by <br />Consent Agenda April 3, 2023 Zack Carlton, Communit�r Development Director <br />Item Description Reviewed by <br />The Villas at Fillmore: Development Agreement Chris Leeseber , Senior Planner <br />Update and Planned Unit Development Reviewed by <br />Agreement Cal Portner, Ci r Administrator <br />Action Requested <br />Approve, byT motion, the updated Development Agreement and Planned Unit Development Agreement for The <br />Villas at Fillmore subdivision. <br />Background/Discussion <br />The Cit�T Council approved the final plat for The Villas at Fillmore subdivision on Ju1�T 18, 2022. During that <br />meeting, the Council also discussed a request of the developeY to utilize paYk dedicarion fees to complete off-site <br />trail connections along FillmoYe. <br />At the direction of Council, staff revie�ved the trail extension `vith the Parks and Recreation Commission during <br />their August 10, 2022, Yegular meeting. The Commission unanimously recommended construction of the trail <br />extensions from The Villas at Fillmore north to 179`h Ave and south to 176�' Lane. Funding for the offsite <br />improvements will utilize Park Dedication assessments that would be paid as paYt of this project. <br />Staff pYepared a Development Agreement outlining the standard development pYocedures along with the <br />modifications to the paYk dedication and offsite improvement sections. Under that agreement, the trail extensions <br />were based off an engineer's estimate of $42,008, and the per unit park dedication rate is reduced to $449 per lot. <br />The developer bid the pYoject this winteY and the total cost of the trail extension incYeased significantly. Additional <br />improvements (i.e. - relocation of stormwater features within the off-site improvement areas) also increased the <br />overall cost Staff reviewed these changes internallyT and `vith the developer's engineer to affirm the price increase <br />and recommends an update to the Development Agreement reflecting those changes. <br />The accepted bid puts the cost of the off-site improvements at $54,690.01, reducing the per unit park dedication <br />due `vith the first and second phase of the subdivision to $23.62. Appro�mately $8,000 of the increase is due to <br />the stoYmwateY changes Yequired to install the trail. While this is a significant change, it meets the goals of the cityr <br />and staff recommends approval of the updated agreement. <br />r1ll the woYk associated with the trail extension will be completed with the first phase of the pYoject, but the pYo- <br />rated Park Dedication rate `vill continue into the second addition, expected to be reviewed byT Council on April 17, <br />2023. <br />The Elk River Vision <br />A 2a�elcolning co�nlnunity 2a�ith T evolutiona� y and spizzted T esou� cefulness, exceptional <br />se�vice, and coln�nunity engagelnent that encou�ages and ins�iz•es pTo�pe�zty. <br />PowEREo ar <br />�I'1 ���� <br />Up�iited.• August 2020 <br />