3.2 Preliminary Plat of the Heart of the Good Life First Addition

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A. The land area designated as open space and used in the calculation of the 2.5%-credit shall not include any area that is otherwise considered unbuildable, including,but not limited to, wetlands, steep slopes exceeding 12%, and the area within setbacks from property lines, required buffer zones, bluffs, and the ordinary high water mark, among others. B. The land area designated as open space within the development is not occupied by non-recreational buildings, such as maintenance or caretaking buildings, and is available for use to all residents of the proposed subdivision. C. The use of the private open space is restricted for park and recreational purposes by recorded covenants which run with the land in favor of the future owners of the property within the development and which cannot be defeated or eliminated without the consent of the City of Pequot Lakes. D. The area required to obtain increased densities shall not be included in the computation of such private open space. 5. For Conservation Subdivisions where the conservation parcel is publicly dedicated,there shall be no further dedication required. For Conservation Subdivisions where the conservation parcel is not publicly dedicated,the fee calculated in this section shall be reduced by 50% due to the permanent preservation of open space. 6. Funds received by the City, in lieu of land dedication,shall be placed in a special fund in accordance with Minn. Stat. §462.358 Subdivision 2b, as amended. 7. All land dedication pursuant to this Ordinance shall be conveyed to the City through a Warranty Deed drafted by the City Attorney. Staff Findings: Staff provides the following Findings of Fact for consideration by the Planning Commission: 1. The applicant is proposing to create two lots, and extension to Larsen Parkway and an Outlot within the Heart of the Good Life Development. 2. The property is zoned"Patriot Development." Pequot Lakes Staff Report 3.2-8 May 22,2023