Orange County NC Website
6 , <br /> and could be used for access. To the east of the subdivision road is floodplain and <br /> wetland area associated with Stoney Creek. <br /> The attached letter form the Recreation and Parks Director indicates that the site could <br /> be developed with all amenities suggested for the University Station Area Community <br /> Park in the Master Recreation and Parks Plan. <br /> The land slopes upward from NC 10 to the railroad. In an attached letter,the applicant <br /> indicates that the slopes generally range from 6%to 8%. The slope at three <br /> representative locations across the parcel were calculated by staff and are shown on the <br /> attached topographic map. <br /> Dedication of the park site more than satisfies all dedication or payment-in-lieu <br /> requirements for the entire area included in the Concept Plan, as indicated in the tables <br /> below <br /> 1!!II1�iI M PAR1Q AA"]l►ED1C. ATI4N REQUIRED <br /> Minimum <br /> Land Type Acres Percent of area No. lots Dedication <br /> (based on Required <br /> % area) per lot No. <br /> acres <br /> Floodplain, and 96 16.2 46 1/20 ac 2.3 <br /> Slopes> 15% <br /> Other 499 83.8 235 1/57 ac 4.1 <br /> TOTAL 595 l{IQ°a� 2811 64 <br /> A� PAYNIENVE LIEU.OF.DED CATIaN <br /> No. Lots Payment per Lot Total Payment <br /> 281 $422 $118, 582 <br /> COMMINATION DEDICATION/PAYMENT <br /> 6.4 acres X$10,000 credit per acre= $64,000 <br /> credit for dedication of minimum required area is less than payment-in-lieu requirement. <br /> and payment of the difference <br /> ($54,582) would be required. <br /> 30 acres X$10,000 credit per acre=$300,000 <br /> credit for dedication of 30-acre site exceeds the payment-in-lieu requirement and no <br /> additional payment is required. <br />