HomeMy WebLinkAbout16.1 CIL of Parkland CalcCIL of Parkland: We propose Improvements-in-lieu to Spanish Peaks Park. No proposed park
on the site. See AC5.0 Spanish Peaks Park Improvements drawing sheet for proposed
improvements. The type of improvements proposed on the park are focused toward tenant
uses. See bid estimate for improvements is included in the documents folder.
Parkland Calculation:
Total lot size: 71,672 SF = 1.65 acres
1.65 acres x 12 units per acre = 19.8 dwelling units x 0.03 acres = acres parkland required
(25,875 sf)
Parkland Required = 0.6552 ac. (25,875 sf)
Parkland Provided = 0 ac, (0 sf provided)
CILP appraisal value is $2.07 PSF
Improvements in-lieu = (25,875 sf) x $2.07 PSF = 53,561.25