04 - Staff Report - Preliminary Plan for a planned unit development in the Waterfront Commercial zone

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STAFF REPORT Application: Preliminary Plat for a planned unit development in the Waterfront Commercial zone. Applicant: Wilderness Point Resort, LLC Background: Wilderness Point Resort is proposing to build a rent-back resort, on the northern shore of Middle Cullen Lake in the Waterfront Commercial Zoning District. The application is in three parts. This report reviews the preliminary plat application. The other staff reports review the conditional use permit for a planned unit development and a rezoning application. This application is contingent upon approval of the accompanying conditional use permit for a planned unit development and the rezoning application. This application creates the subdivision designed in the planned unit development. A planned unit development(PUD) must meet all setback requirements of the underlying zone; however, a PUD is more flexible in where structures are allowed and the concentration of structures. The preliminary plat proposes to create 54 units on 32.3 acres. The resort crosses four tiers of development. The first tier will have 34 units, the second tier will have 17 units, and the third tier will have three units. The forth tier will not have any units. Each lot size will be approximately the same size as the unit built above it. Applicable Statutes: Ordinances applicable to this application are listed below, drawn directly from the Pequot Lakes Land Use Ordinance. Section 130.020: Dedication to the Public—Standards The developer of a subdivision and/or Planned Unit Development shall dedicate ten percent (10%) of his usable land to the public for park purposes, or at the option of the City Council, shall pay the City an amount equal to ten percent(10%) of the current estimated market value of the land prior to development with a minimum fee of$500 and a maximum fee of$5,000 per lot or unit. For the purposes of this Section, " estimated market value" is defined by the Crow Wing County Assessor, as of the date the subdivision/planned unit development is granted final approval by the City Council. Please refer to Section 130.020 in the Land Use Ordinance for full park dedication regulations. Park dedication fees are not due until the final plat is filed. Section 140.020: Standards A. Preliminary Plat. A Preliminary Plat shall contain the following data: (except as waived by the Planning & Zoning Commission)along with other reasonable information required by the Planning and Zoning Commission needed to make a property evaluation of the proposal. February Staff Report Page 20