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HomeMy WebLinkAbout011 PARKLANDParkland Requirements for Site Plan Review 1 of 1 PARKLAND REQUIREMENTS North Third Apartments Date: 12/2/22 See the parkland requirement calculations noted on the A0 Coversheet. See also the Memorandum following this page from Addi Jadin with the Parks Planning and Development Manager dated 4 2022 explaining the anticipated Parkland requirements. MEMORANDUM -------------------------------------------------------------------------------------------------------------------------------------------- To: 22272 N 3rd CONR From: Addi Jadin, Parks Planning and Development Manager Date: November 4, 2022 ---------------------------------------------------------------------------------------------------------------------------------------------- The park requirements for N 3rd will be based on the requirements in 38.420.020.A. for development of known density in the R-5 zoning district. The requirements are for a certain portion of land and cash-in-lieu of land, capped at 12 du/acre. Credit for parkland given at the time of subdivision will be applied. Additionally, per Sec. 38.420.030 and Resolution 4784, this project may request an adjustment to the ratio of land to cash- or improvements-in-lieu to be provided. Improvements-in-lieu are preferred if feasible. To request the adjustment, applicants must submit a narrative addressing the criteria in Resolution 4784 with their Site Plan application. N. 3RD ESTIMATES of LAND AND CASH REQUIRED: -based on estimated net project area of 8.02 acres. See 38.700.130. for the definition/calculation of net residential density. -based on City’s current appraisal value for parkland at $2.30 psf. Amount adjusted approximately bi- annually and applied at the time of Site Plan adequacy. LAND 1. Credit from subdivision provision of parkland (see Westlake’s 4th Subdivision Plat): Westlake Park 5.9 acres Net Lot Area: 36.48 acres At subdivision, parkland was provided for 197 dwelling units Subject property is 0.22% of the greater subdivision, so credit for 43 units is applicable. 2. Parkland requirement for subject property is 0.03 acres per unit up to density of 8 du/ac: Net acreage x 8 du/ac = units requiring parkland 8.02 ac x 8 du/ac = 64 units - 43 unit credit = 21 dwelling units require parkland 21 du x 0.03 ac/du = 0.63 acres of LAND owed CASH-IN-LIEU 1. Cash- or improvements in lieu is owed for remaining 4 du/ac (density cap at 12 du/ac): 8.02 ac. x 4 du/ac x 0.03 ac/du = 0.96 acres Current appraisal value = $2.30 psf 0.96 ac x 43,560 sf/ac x $2.30 psf = $96,180.48 (estimate based on current appraisal value; amount TBD at time of Site Plan adequacy) CASH-IN-LIEU ADJUSTMENT Given prior discussions and conceptual review, it is assumed that no additional qualifying parkland will be provided and the applicants will propose cash- or improvements-in-lieu. The cash equivalent of required land is estimated to be $63,118.44. Combined with the require CILP above, the project is estimated to owe $159,298.92 38.420.060. - FRONTAGE REQUIREMENTS AND MITIGATION: The intent of this section is to provide for full public access to all perimeters of parks including bike/ped and vehicular access. In the case of Westlake Park, there are service access issues for the proper functioning of the BMX program and the community gardens that also must be considered in choosing mitigation options. Mitigation proposal: 1. Pathways and drives with public access easements for peds and vehicles e-w and n-s 2. Parking lot or service access/pad at east of community gardens (further internal coordination is required to determine applicable design requirements) 3. Hybrid drive and pathway to rear of BMX, potentially coinciding with the pathway of the stormwater sewer main (further internal coordination is required to determine applicable design requirements) 4. N-S Pathway along the west side of the development with public access easement BMX ENCROACHMENT: It is anticipated that the Parks Department will work with BMX to resolve the encroachment issue independently.