HomeMy WebLinkAboutConsent 5 Greek Way Cash in Lieu Total
Commission Memorandum
REPORT TO: Honorable Mayor and City Commission
FROM: Brian Krueger, Associate Planner
SUBJECT: Greek Way Apartments Request for Cash in Lieu of Parkland Dedication
File No. Z-07270
MEETING DATE: Monday, June 23, 2008
Consent Item
RECOMMENDATION: The City Commission accepts staff’s findings and allows cash in lieu
of. parkland dedication for the Greek Way Apartments, File No. Z-07270.
BACKGROUND: The City Commission granted preliminary approval for an application to
construct a 27 dwelling unit (six fourplex units, one duplex unit, and one manager’s dwelling
unit) apartment project on 2.6 acres located on Greek Way. The property is zoned R-3, Medium
Density Residential. At the time of preliminary approval the applicant did not propose any
dedicated parkland on site. During the consideration of the project the Commission gave the
applicant informal guidance to proceed with the proposal and return to the Commission at the
time of final site plan with a proposal for cash in lieu of parkland dedication for 100% of the
required parkland for the project.
UNRESOLVED ISSUES: Section 18.50.030 of the Bozeman Municipal Code states that “The
City Commission may determine whether the park dedication must be a land dedication, cash
donation in-lieu of land dedication or a combination of both.” The City Commission shall
consider the following when making this decision 1) the desirability and suitability of land for
parks and playgrounds based on size, topography, shape, location or other circumstances; and 2)
the expressed preference of the developer. The developer has requested to provide all of the land
dedication required, approximately .81 acres, with a cash donation in lieu. Staff supports this
request and finds that in order for this project to provide higher density housing in close
proximity to the University as envisioned by the Bozeman 2020 Community Plan with the onsite
constraints of the areas required for stormwater detention/retention and associated setbacks that
cash be accepted in lieu of park land donation. Staff further finds that this is in accordance with
the expressed preference of the developer and that the Gallagator Trail, Langhor Park, and
Christie Fields are in the immediate vicinity and will provide adequate parkland to support this
project. Staff has reviewed the required parkland calculation, the required property appraisal that
was submitted to determine the value of the cash in lieu payment and has found them acceptable.
FISCAL EFFECTS: Per the attached letter, the anticipated payment for cash in lieu of
parkland dedication for .81 acres for this project is $88,165.00.
ALTERNATIVES: As suggested by the City Commission.
CONTACT: Please email Brian Krueger at bkrueger@bozeman.net if you have any questions.
Report compiled on June, 18, 2008
Commission Memorandum
APPROVED BY: Andrew Epple, Planning Director
Chris Kukulski, City Manager
Attachments: Cash in lieu of parkland dedication proposal for the Greek Way Apartments #Z-07270