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4.1. SR 06-26-2000Tity of River MEMORANDUM Item #4.1. TO: FROM: DATE: SUBJECT: Mayor and Council Pat Klaers, City Administrator June 26, 2000 Brookstone Development On Tuesday, June 20, 2000, Finance Director Lori Johnson and I met with Rick Martens, president of Brookstone Inc., regarding their financial obligations for the business park project. The issues discussed included park dedication fees, surface water management (SWM) fees, and the possible payment of these fees over time. Based on the discussion of City Council at its last meeting, I believe I heard the majority indicate that a compromise on at least the park dedication fee amount was appropriate and that payment of the fees over time was acceptable. The Park and Recreation Commissioners' strong feelings regarding the full payment of park dedication fees make this a sensitive topic. It is very important for the city to keep the volunteer Park and Recreation Commissioners enthusiastic about enhancing the park system. From the staff point of view, full collection of the SWM fee at the time of platting is very important. The reasoning for this position is that this is an existing fee and an error was made in documenting the amount of the fee. Accordingly, if the fee is reduced, or allowed to be paid over time, a clear precedent would be established. On the other hand, the park dedication fee for industrial/business park properties is new and this preliminary plat was done prior to the fee being established. Evidently clear information on this fee was not provided to the developer in a timely fashion. In fact, if the developers had been present when the council considered this new fee, they may have been successful in obtaining some concessions from the city. Nonetheless, we will not have this type of situation again, so I don't believe allowing a reduced fee or payment over time for the park dedication obligation will set a precedent. 13065 Orono Parkway · P.O. Box 490 · Elk River, MN 55330 · TDD & Phone: (612) 441-7420 · Fax: (612) 441-7425 The request from the developer was for both the park dedication fee and the SWM fee to be paid over time and that the $64,000 park dedication fee be, at a minimum, reduced in half. Recommendation It is recommended to the City Council that the entire $28,000 surface water management fee be paid at the time of platting (In general terms, this amount is based on 32 acres of land and $876 per acre). It is further recommended that $32,000 in park dedication fees be paid beginning with the development of the second lot and that the fee be paid when building permits are issued. The SWM and park dedication fee recommendations are acceptable to Mr. Martens. Finally, it is recommended that the city transfer $32,000 from its general fund cash balance to the parks capital project reserve in order for the Park and Recreation Commission to be made whole for the entire $64,000 that it would have received if things had gone according to the ordinance. s: \ council \ brookstn.doc