HomeMy WebLinkAboutCash in lieu of ParklandCash-in-Lieu of Parkland
Number of Residential Units: 192
Net Lot Area: 8.638 Acres
Maximum Dedication Requirement: 12 Units per Acre
Calculated Units for Dedication: 103.66 units = 12 units/acre x 8.638
Required Parkland Dedication: 3.11 Acres/135472 sf
Fee Required = $2.07 x 135472sf = $280,427.04
Reason for Cash-in-Lieu
It is the Expressed preference of the Developer. The development cannot readily add land to an existing
park or extend a trail network because the trails exist and because of easements we cannot add land.
Hyalite School is with .25 miles (not a park but has those attributes) and West Valley Park is within 300
feet.