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the 2.5%-credit shall not include any area that is otherwise considered <br /> �-- unbuildable, including, but not limited to, wetlands, steep slopes <br /> exceeding 12%, and the area within setbacks from property lines, <br /> required buffer zones, bluffs, and the ordinary high water mark, among <br /> others. <br /> B. The land area designated as open space within the development is not <br /> occupied by non-recreational buildings, such as maintenance or <br /> caretaking buildings, and is available for use to all residents of the <br /> proposed subdivision. <br /> C. The use of the private open space is restricted for park and recreational <br /> purposes by recorded covenants which run with the land in favor of the <br /> future owners of the property within the development and which <br /> cannot be defeated or eliminated without the consent of the City of <br /> Pequot Lakes. <br /> D. The area required to obtain increased densities shall not be included in <br /> the computation of such private open space. <br /> 5. For Conservation Subdivisions where the conservation parcel is publicly <br /> dedicated, there shall be no further dedication required. For Conservation <br /> Subdivisions where the conservation parcel is not publicly dedicated, the fee <br /> calculated in this section shall be reduced by 50% due to the permanent <br /> preservation of open space., <br /> 6. Funds received by the City, in lieu of land dedication, shall be placed in a <br /> special fund in accordance with Section 462.358 Subdivision 2b, of the <br /> .,- Minnesota Statutes. <br /> 7. All land dedication pursuant to this Ordinance shall be conveyed to the City <br /> through a Warranty Deed drafted by the City Attorney. <br /> Amendment: Chapter 17, Article 11 .6, shall be amended as follows (underlined): <br /> A. The following must be met: <br /> 1 . The use or development is an appropriate conditional use in the land <br /> use zone. <br /> 2. The use or development, with conditions, conforms to the <br /> comprehensive land use plan. <br /> 3. The use with conditions is compatible with the existing neighborhood. <br /> 4. The use with conditions would not be injurious to the public health, <br /> safety, welfare, decency, order, comfort, convenience, appearance or <br /> prosperity of the City. <br /> 5. For Conventional Subdivisions, the property contains physical <br /> constraints which make it unable to be developed by the Conservation <br /> Subdivision method. <br /> B. The following must be met: <br /> 1 . The use or development is an appropriate conditional use in the land <br /> use zone. <br /> 2. The use or development, with conditions, conforms to the <br />