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r MAR 24 1987 BOOK 6 d F',1 r 684 TO:The Honorable Members of A'T'E: March 12, 1987 FILE: the Board of County Commissioners DIVISION HEAD CONCURRENCE: Robert M. Keat ng, CP SUBJECT: REQUEST TO DEDICATE FUNDS Planning & De elopment Director IN LIEU OF PUBLIC ACCESS EASEMENT FOR LITTLE HARBOUR SUBDIVISION FROM: Stan Boling /)-d REFERENCES: little harbour Chief, Current Development STAN4 It is requested that the data herein presented be given formal consideration by the Board of County Commissioners at their regular meeting of March 24, 1987. DESCRIPTION & CONDITIONS: Little Harbour is a proposed 18 lot subdivision of a ±18.422 acre parcel located on the west side of SR A -1-A immediately south of Castaway Cove Wave II. Because the property has over 600 feet of river shoreline, a public access easement running from SR A -1-A to the river is required pursuant to section 10(r) of the subdivision ordinance. In lieu of actually providing such an easement, the Board of County Commissioners may accept a monetary dedication to the park development fund in an amount equal to the fair market value of such an easement. At their regular meeting of January 22, 1987, the Planning and Zoning Commission granted preliminary plat approval for Little Harbour subdivision subject to the condition that either the actual easement be provided or a monetary dedication be offered that is acceptable to the Board of County Commissioners. The owners, Ambrit Development Corp. and Blue Ridge Transporta- tion, Inc., through their agent Dale Sorenson, are now requesting Board approval to accept a $8,800.00 dedication to the park development fund to satisfy the water access requirement of section 10(r) of the subdivision ordinance. ANALYSIS: In lieu of dedicating an improved access easement from SR A -1-A to the river, the owners have agreed to dedicate $8,800.00 at the time of the final plat approval. The $8,800.00 amount is based on an Armfield-Wagner appraisal of the fair market value of the required 15' wide improved access easement. The Property Appraiser's office has verified that the appraisal is a reasonable estimate of the raw land value of the required easement. Dedication of the appraisal value is adequate for satisfying the public access requirement, if accepted by the Board of County Commissioners. RECOMMENDATION: Staff recommends that the Board of County Commissioners approve the offer to dedicate $8,800.00 to the park development fund at the time of final plat approval for Little Harbour Subdivision, in lieu of requiring a public, river access easement. 16