HomeMy WebLinkAbout7.a. Roers Development Plans"ROSEMOUNT
PARKS AND RECREATION COMMISSION E X E C U T I V E S U M M A RY
Parks and Recreation Commission Meeting: September 26, 2022
AGENDA ITEM: Roers Development Plans AGENDA SECTION:
New Business
PREPARED BY: Dan Schultz, Parks & Recreation Director AGENDA NO.
7 a.
ATTACHMENTS: Location Map and Site Plan APPROVED BY: dis
RECOMMENDED ACTION: Motion to collect cash in-lieu of land for the parks dedication
in the amount of $562,500.
ISSUE
The Parks and Recreation Department recently reviewed the development plans for the Roers Companies
apartment complex project. After reviewing the plans, the Parks and Recreation Department staff has the
following comments:
PARI<S DEDICATION
The parks dedication requirement for 225 high density residential units is .02 acres of land per unit or
$2,500 per unit. The City's Parks Master Plan does not call for a park in this area, so staff is recommending
the City collect cash in-lieu of land to meet the parks dedication requirements for the 225 units. The cash
dedication for 225 units would be $562,500 (225 units x $2,500 per unit).
RECOMMENDATION
Motion to collect cash in-lieu of land for the parks dedication in the amount of $562,500 for the Roers
Development project.