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7.3 PRSR 11-10-2021 The Elk River Vision A welcoming community with revolutionary and spirited resourcefulness, exceptional service, and community engagement that encourages and inspires prosperity. Updated: August 2020 Request for Action To Parks and Recreation Commission Item Number 7.3 Agenda Section Action Items Meeting Date November 10, 2021 Prepared by Michael Hecker, Parks and Recreation Director Item Description Park Dedication Natures Edge Business Park Reviewed by Reviewed by Action Requested Recommend, by motion, approval of the Preliminary Plat for Natures Edge Business Park Third Addition with the following conditions: 1. Park dedication shall be paid in the form of cash for approximately 5.84 acres at the City Council established rate when the addition is released for recording. Staff will determine the final acreage and amount when the plat is released for recording. Background/Discussion The subject properties are 75.69 acres in size, zoned AR (Agricultural Research) and located north of 165th Avenue east of Highway 10/169. The proposed plat consists of 3 lots and dedicates right-of-way for circulation and access to all the lots. Lot 1, Block 1 (5.84 acres) will be one new developable lot, which is eligible for commercial park dedication. Two outlots are also being created. Parks and Recreation Master Plan The Master Plan does not identify park property in the vicinity of this plat. Parks and Recreation Trail Master Plan A conceptual trail is shown to on this site to connect 166th Avenue on both sides of the future Gateway Road. Staff recommends the applicant construct a trail at the same time when the road is built. Financial Impact None Mission/Policy/Goal  Opportunity to live, work, and play Attachments  Location Map  Preliminary Plat  Master Trail Plan (partial)