HomeMy WebLinkAbout7.b. Schafer Richardson Development Plans
E X E C U T I V E S U M M A R Y
Parks and Recreation Commission Meeting: October 24, 2022
AGENDA ITEM: Schafer Richardson Development
Plans
AGENDA SECTION:
New Business
PREPARED BY: Dan Schultz, Parks & Recreation Director AGENDA NO.
7 b.
ATTACHMENTS: Location Map and Site Plan APPROVED BY: dls
RECOMMENDED ACTION: Motion to collect cash in-lieu of land for the parks dedication
in the amount of $840,000 for the Schafer Richardson Development Project.
ISSUE
The Parks and Recreation Department recently reviewed the development plans for the Schafer
Richardson apartment complex project. After reviewing the plans, the Parks and Recreation Department
staff has the following comments:
PARKS DEDICATION
The parks dedication requirement for 336 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 336 units. The cash
dedication for 336 units would be $840,000 (336 units x $2,500 per unit).
Staff is recommending that City not provide any parks dedication credit for any amenities being proposed
on their site.
RECOMMENDATION
Motion to collect cash in-lieu of land for the parks dedication in the amount of $840,000 for the Schafer
Richardson Development Project.
LOCATION MAP
SITE PLAN