HomeMy WebLinkAbout20-73 Parklands Dedication 07-22-2020RESOLUTION N0.20-73
A RESOLUTION OF THE BOARD OF TRUSTEES OF THE TOWN OF
FIRESTONE, COLORADO, ESTABLISHING THE PERSONS PER
DWELLING UNIT AS REQUIRED FOR THE CALCULATION OF THE
TOWN'S PARKLANDS DEDICATION REQUIREMENT AND THE
AMOUNT OF DESIGN AND CONSTRUCTION COSTS AND WATER
RIGHTS DEDICATIONS REQUIRED FOR THE TOWN'S
DETERMINATION OF THE CASH -IN -LIEU OF PARKLANDS
DEDICATIONS
WHEREAS, Section 16.6.3 B of the Firestone Development Code ("FDC") establishes a
formula for the determination of the parklands dedication required for any person seeking to
develop any area zoned for residential purposes within the Town of Firestone ("Town"); and
WHEREAS, as one of the factors the Director of Planning and Development ("Director")
must determine, at least once every five years, upon data compiled by the Town, the number of
persons per dwelling unit within the Town; and
WHEREAS, the Director has made such calculation and determined that there are 3.09
persons per dwelling unit; and
WHEREAS, the FDC provides for cash -in -lieu of parkland dedication where there is
insufficient land available within the subdivision to satisfy the Town's parkland requirements;
and
WHEREAS, the amount of the cash -in -lieu of is to be established by resolution of the
Board of Trustees consistent with the criteria of the adopted POST Master Plan, which includes
the fair market appraised value of the land within the Project, design and construction cost for
parklands, which the Director has determined is $340,000 per acre, and the water rights
dedication for parklands, which the Director has determined is $142,460 per acre; and
WHEREAS, staff recommends that the Board of Trustee's adopt the 3.09 persons per
dwelling unit, $340,000 design and construction costs per acre, and water rights dedication of
$142,460 per acre, determinations made by the Director in the fulfillment of his duties in
providing the required figures for determination of the Town's parklands dedication and fee -in -
lieu of parklands.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE
TOWN OF FIRESTONE, COLORADO:
The Board of Trustees for the purpose of determining the Town's parklands dedication
requirement does hereby adopt the Director of Planning and Development's determination of
3.09 persons per dwelling unit within the Town, and for the determination of the Town's cash -in -
lieu of parklands dedication the Board of Trustees does hereby adopt the Director of Planning
and Development's determination that the cost for design and construction of parklands is
$340,000 per acre, and the water rights dedication for parklands is $142,460 per acre.
INTRODUCED READ AND ADOPTED thi, da of , 2020.
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ATTEST:
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TOWN OF FIRESTONE, COLORADO
TOWN fiA
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SEAL bi SinMar, Mayor
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Willi��n'�.%Ilayashi, Town Attorney