Planning Commission Agenda and Packet 2014 10 09

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Planning Commission Staff Report October 9, 2014 applicant is seeking a payment in lieu option for the remaining 4.3% (2,397 SF) of the 15% public land dedication requirement. The applicant provided a letter explaining how they believe the application has complied with LMC Section 16.16.060 (please see the attached letter for details). The Parks and Recreation Department believes the following elements highlighted in the letter are eligible as payment in lieu actions and recommends City Council accept the linear park dedication, it proposed construction and maintenance services as the public land dedication: • The PUD contains a proposed dedication of 5,918 SF for park and right of way. The 5,918 SF amounts to 10.7% dedication or $23,914.56 appraised value; • The developer is proposing to pay for the construction of the linear park and Acme Mine Shaft monument. The estimated cost for these improvements is $56,371; • The developer is proposing to maintain the park for a period of 2 years at an estimated cost of $4,500; and • The developer would also pay for an archaeological survey and excavation monitoring of the site at an estimated cost of $6,600. • The estimated cost for the proposed dedication, improvements and maintenance is $91.385. This would exceed the public land dedication requirement by $57,785 or 272 %. Alley The applicant is proposing an alley will serve as primary access, including trash collection, for each property. This is not a requirement in the LMC and is recognized by staff as being more in character with the Old Town Neighborhood than conventional driveways. The alley has been designed with a turnaround for the trash trucks and emergency vehicles. The alley would be constructed by the developer and maintained by a designated HOA. The Public Works Department and the Louisville Fire District have reviewed and approved the plans for the proposed alley. Storm Water Storm water detention will be handled by an on -site detention pond, located in Tract B. FINAL PUD DEVELOPMENT PLAN Existing Conditions The property is located on the southwest corner of Hutchinson Street and Roosevelt Avenue and is currently vacant. As stated earlier, the property is located in the RM zone district and is adjoined by Hutchinson Street and single family homes to the north; Roosevelt Avenue and single family homes to the east; a multi - family development to the south; and, single family structures to the west. An open irrigation lateral cuts through the property from west to east. The irrigation lateral is piped west and east of the property. A 4 -foot attached sidewalk serves the east side of the property. A social trail traverses the property parallel to Hutchinson Street. 5