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Parkland Dedication
City of College Station Administrative Approval for Required Parkland Dedications of Less than Five Acres 1. Applicant Name: Heath Phillips Address: PO Box 262 Wellborn, TX 77881 Phone: 979.229.5906 E-Mail: heath superiorstructuresyahoo.com 2. Development Name: The Barracks II expansion Preliminary Plan Project#: 14-195 Development Location: 300 Deacon Drive West 3. Dwelling Units: 64 Single Family Unknown Multi-family Units, located in Neighborhood Park Zone 15 64 Single Family Unknown 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 2.33 ac One (1) acre per 128 DU's ac= 2.33 ac Multi-family: One (1)acre per 117 DU's ac One (1) acre per 128 DU's ac= ac TOTAL = 2.33 Acres — OR -- Fee Paid in Lieu of Land Dedication Neighborhood Community Single Family: @ $274.00 per DU $ Dedicate 64 @ $250.°°per DU $ 16,000 = $ 16,000 Multi-family: @ $274.0°per DU $ @$250.°°per DU $ = $ TOTAL(Neighborhood and Community) = $ b. Development Fee: Neighborhood Community Total Single Family ©$362.00 per DU $ Build 64 Single Family @$375.°°per DU $ 24,000 = $40,000 Multi-family @$362.°°per DU $ Multi-family @ $750.°° per DU $ _ $ TOTAL(Neighborhood and Community) = $ 40,000 5. Comments: This Preliminary Plan adds a 29-acre tract to the development. The Parks & Recreation Advisory Board recommended acceptance of 2.33 acres of parkland dedication at their September 9, 2014 meeting. The applicant intends to construct park improvements to cover the $362/unit Neighborhood Park Development Fee. If the park improvements are built or bonded, the townhouse lots will only owe $625/lot in Community Park fees with the final plat. The 3 multi-family tracts have an unknown unit count and will be developed through site plan approval in the future. The City of College Station agrees to accept: GRAND TOTAL (Neighborhood and Community) 64 Townhouse Lots x $625 = $ 40,000 Land Dedication 2.33 acres te 6 , 3 Nem ley Name Date