HomeMy WebLinkAboutParkland Dedications City of College Station
Administrative Approval for Required Parkland Dedications of Less than Five Acres
1. Applicant Name: Veronica Morgan, Mitchell & Morgan, LLP
Address: 3204 Earl Rudder Freeway South
Phone: 979-260-6963 E-Mail: v(a,mitchellandmorgan.com
2. Development Name: CRED Community Apartments Project#: 14-277
Development Location: 2365 Market Street
3. Dwelling Units: Single Family 432 Mufti-family Units, located in Neighborhood Park Zone 15
Single Family 432 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 = Acres
- OR --
Fee Paid in Lieu of Land Dedication
Neighborhood Community
Single Family: @$274.0°per DU $ @ $250.0°per DU $ = $
Multi-family: @$198.0°per DU $ 85,536 @ $250.°°per DU $ = $ 85,536
TOTAL(Neighborhood and Community) = $ 85,536
b. Development Fee:
Neighborhood Community Total
Single Family @ $362.0°per DU $ Single Family @$375.°°per DU $ = $
Multi-family @ $533.0°per DU $ 230,256 Multi-family @ $750.°° per DU $ = $ 230,256
TOTAL(Neighborhood and Community) = $ 23Q256
5. Comments: This project is vested to 2008 parkland fees. Dedication is only required for neighborhood park.
The City of College Station agrees to accept:
GRAND TOTAL (Neighborhood and Community) 432 Units x $731 = $ 315,792
Land Dedication
..rbiv, O/D&
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