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5.B. PRSR 03-11-1998 _b A( -4' ' c / Ity of k/ MEMORANDUM River TO: Park & Recreation Commission FROM: Steve Ach, City PlanneEdd_ DATE: March 11, 1998 SUBJECT: Consider Purchase of Land for Park/Public Purpose The owner of the subject property shown on the attached location maps has been in contact with me over the last several months to discuss issues relating to his property. He has been exploring some development opportunities on the property, one of which would possibly include the request for a rezoning to allow for some type of commercial use. Clearly, this type of request would need a great deal of review and Planning Commission and City Council support. Recently, the property owner has asked if the City would be interested in purchasing the property for park/public purposes. I informed the owner a request would be provided to the Park & Recreation Commission to get some feedback on whether the Commission would be interested in pursuing such an offer. I have attached some exhibits which will help the Park & Recreation Commission identify the site and its proximity to some of the new residential areas, as well as County Road No. 1. The property is approximately 5 acres in size, is vacant on the west half, has a wetland and some woods on the east. The property sits below the bordering roads of County Road No. 1 and Upland Avenue which is the access into Lafayette Woods. 193rd Avenue right of way which exists on the north side of the property is the corridor which will be converted to a trail connecting Proctor and the City trail. Obviously, if the Park & Recreation Commission is interested in including this property as part of the inventory of park land, an appropriate market value would have to be determined to purchase the property. The City Council would also have to be informed and approve the purchases. However, prior to proceeding along those lines, it is important to get a consensus of the Park & Recreation Commission if they are at all interested in pursuing this property. 13065 Orono Parkway • P.O. Box 490 • Elk River,MN 55330 • TDD&Phone: (612)441-7420 • Fax: (612)441-7425 Memo/Park&Rec March 11, 1998 Page 2 Recommendation It is recommended the Park & Recreation Commission review the request and determine if this piece of property will or will not fit into the overall park plan needs of the community. If the Park & Recreation Commission feels as though it might be a valuable piece to include, staff will proceed further in talking with the property owner and explore more seriously the option to obtain this piece of property by way of purchase or some other type of transaction. f:\shrdoc\council\park&rec\parkprop.doc