12-09-2002 Council Packet - Laserfiche WebLink

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StoneBay Fees December 4,2002 Page 2 SUMMARY Staff Estimate August 2002 Revised Staff Calculation December 2002 Developer Proposal Commercial S 137,400 S 101,764 8%S 101.764 8% Residential S 546,000 $ 526,500 11.5%S 366,972 8% lOtMl $ 683.400 $ 628.264 10.7%S 468,736 8*i Analysis tT*l The basic park dedication requirement is 8% of the land being platted or subdivided. The ordinance calls for the dedication requirement to be roughly proportional to the projected impact of the proposed development on the City ’s park system. Because of the vastly differing land values in Orono, the 8% park dedication requirement could result in park dedication requirements that are either significantly greater than or significantly less than the amount which is roughly proportional to the impact of the proposed development on the Citys park sj'stem. Therefore, per the ordinance requirement, the City has established via resolution both a maximum aa d mimmutq park dedication amount per dwclline unit based on an updat'-J projection of the cost of the City's park system, and the proportionate share of this projected cost to be borne by new dwelling units in Orono (see Exhibit D). The current (2002) residential minimum and maximum are p250/umt Md S5550/unit. Neither the ordinance nor the fee analysis distinguish beftveen the impacts on the $3^tem of single-family and multi-family development. Developer IS taking issue with the residential minimum per-unit fee of $3250 and proposing an 8% cap at $2,265 per residential unit. Reduction below the minimum per-unit fee would set a precedent multi-family ^vclopments, and would suggest there is a significant difference betw een SFR and MFR, which the City has not concluded to date. Developer suggests that our fee structure also does not account for the public and private recreational amenities provided in the development. However the private amenities are a separate RPUD requirement, so only the public trails might be a subject for discussion in terms of reductions. There is a recent nearby precedent (Willow View) for reducine or rebating the park fee by the developer’s cost of public trail construction. Staff Recommendation Staff finds no justification to reduce the minimum per-unit fee from $3250 to $2265 merely to keep the dedication at 8%, given the language in the ordinance. If Council concludes a reduction is appropnate. staff would recommend that the developer be credited for the costs of construction (but not the land cost or easement cost) of the approximately 3400 lineal feet of public trail that will be required along Willow Drive and through the commercial outlots, not including sidewalks along Kelley Parkw ay or within the residential development. At an estimated construction cosref $20 per lineal foot, these trails would generate a total reduction of about $68,000 ,r’