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HomeMy WebLinkAboutAdmin Approval City of College Station Administrative Approval for Required Parkland Dedications of Less than Five Acres 1. Applicant Name: Mitchell & Morgan, LLP Address: 3204 Earl Rudder Freeway South Phone: 979-260-6963 E-Mail: vc mitchellandmorgan.com 2. Development Name: Junction Boys Apartments (C3 Development) Phase 1 Project#: 15-098 Development Location: 2415 Junction Boys Road 3. Dwelling Units: 0 Single Family 50 Multi-family Units, located in Neighborhood Park Zone 15 0 Single Family 0 Multi-family Units, located in Community Park Zone B 4. Development Fees and Dedication Requirements: a. Land Dedication or Fee in Lieu of Land (Choose One): Neighborhood Community Total Single Family: One (1) acre per 117 DU's ac One(1)acre per 128 DU's ac= ac Multi-family: One(1) acre per 117 DU's ac One(1)acre per 128 DU's ac= ac TOTAL = 0 Acres — OR — Fee Paid in Lieu of Land Dedication Neighborhood Community Single Family: @$274.0°per DU $ @$250.0°per DU $ = $ Multi-family: 50 @$227.5°per DU $ 11,375 0 @$250.0°per DU $ 0 = $ 11,375 TOTAL(Neighborhood and Community) = $ 11,375 b. Development Fee: Neighborhood Community Total Single Family @$362.0°per DU $ Single Family @ $375.°°per DU $ = $_ Multi-family 50 @$562.50 per DU $ 28,125 Multi-family 0 @$750.00 per DU $ 0 = $ 28,125 TOTAL(Neighborhood and Community) = $ 28,125 5. Comments: As this project began in 2007, it is vested to $198 per multi-family unit for fee in lieu of Neighborhood Park Land and $533 per multi-family unit for fee in lieu Neighborhood Park Development Fee, totaling $731 per unit. Community Park fees did not exist in 2007 so none are due. The PDD Planned Development District approved April 9, 2015 with Ordinance 2015-3651 allows 5-bedroom units if additional parkland fees are provided for the additional bedrooms beyond 4 bedrooms per unit. For site plan phases 1 & 2, 801 bedrooms are proposed in 186 units so an additional 57 bedrooms are provided which equals 14.25 units (57 bedrooms / 4 per unit). At a rate of $731 per unit, the additional fees equate to an additional $59 per unit, bringing the requirement to$790 per unit($731+$59). The City of College Station agrees to accept: GRAND TOTAL (Neighborhood and Community) 50 Multi-Family x$790 = $ 39,500 Land Dedication None Name Date