02-08-2007 Park Commission Meeting

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City of PEQUOT LADES MEMO TO: Pequot Lakes Park Board FROM: Dawn Bittner, Zoning Administrator DATE: January 29, 2007 RE: Park Dedication for Final Plat of RV Resort Village at the Preserve. At an upcoming Planning Commission meeting, the Planning Commission will be reviewing the Final Plat application for the RV Resort Village at the Preserve. The Ordinance requires that all new subdivisions dedicate land to the public for the public use ad parks,recreational facilities,playgrounds,trails, wetlands, or open space. In lieu of land dedication for these purposes, a fee may be required if suitable lands are not contained within the property to be subdivided. The Park Board's role is to review proposed subdivisions and to determine whether any land contained in that subdivision would be appropriate for a land dedication. If the Park Board fords that there is not any such land,then the Park Board may recommend that the fee be paid instead. The fee is not to exceed ten percent(10%) of the fair market value of the land prior to subdivision as determined by the Crow Wing County Assessor at the time of Final Plat approval. The RV Resort Village at the Preserve is proposing to create 168 lots and a clubhouse. The property is located south of the downtown area with State Highway 371 bordering on the east and Hurtig Road bordering on the west. The proposed clubhouse is to include a community room, warming kitchen, lounge area, exercise room and locker rooms. The estimated market value of the land only is currently set at$294,200. Using an analysis similar to what we discussed in the Memorandum from Community Growth, adjusting the per capita share for a commercial use, Staff recommends using the following formula to determine the Park Dedication Fee for the RV Resort Village at the Preserve: `.- 168 units x 2.2 guests=369.6 369.6 x 0.0015 acres (per capita commercial share)=0.5544 acres 0.5544 acres x $32,000= $17,740.80 park dedication fee