Title
Discuss and consider action to provide a recommendation on the Stone Hill Apartments Preliminary Plan as it relates to Parkland Dedication.
Summary
This item has been included on the agenda to allow for discussion and action on the item.
In accordance with the Parkland Dedication Chapter of the Unified Development Code, new residential projects are required to provide a pro-rata share of parkland or fee-in-lieu of land and park development of a fee in-lieu of development based upon the impact that new residents will have on the City's Parks System. One of the Parks & Recreation Commission's responsibilities is to make recommendations to the Planning & Zoning Commission and the City Council regarding acceptance of land or fee-in-lieu and park development items for these projects.
Stone Hill Apartments is a proposed multi-family residential development consisting of approximately 17.43 acres of land located in the central portion of the city limits and near the intersection of Pfluger Farm Ln and Pflugerville Parkway. It will consist of one lot with a planned total of 300 residential units.
Based on the current submittal and the requirements of the Unified Development Code, the development is required to dedicate at least 3.96 acres of land or pay a fee in-lieu in the amount of $172,497.60 and is responsible for park improvements or a Park Development Fee in the amount of $148,800.00. The Developer is proposing to satisfy these requirements with a combination of methods.
There will be 6.73 acres total of land dedicated and donated to the City. While this total number exceeds the required amount of 3.96 acres, 0.87 acres of land is outside of the floodplain and 5.86 acres are within the floodplain. This does not meet the Unified Development Code maximum allowable dedication of 50% within floodplain, so the Developer is requesting Alternative Compliance for the Parkland Dedication component.
The Park Development component will be satisfied thro...
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