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• <br /> <br />the previous five yeazs, zoning designation and deed restrictions <br />limiting development to no more than two dwellings per lot have <br />been in place. <br />The City's R-1, Low Density Residential designation, which has <br />been in place for well over five years, satisfies this requirement. <br />As noted in the preceding section of this report, deed restrictions <br />satisfy this requirement and are not at issue. <br />D. The replat has been approved by the Commission after being prepazed and filed <br />as though it were an original plat as specified in Section 4.04 of the Development <br />Ordinance. <br />• Staff finds the replat document to have been prepared in <br />accordance with applicable ordinance requirements. There is <br />nothing regazding the form or content of the plat document that <br />would preclude approval by the Commission. <br />E. All expenses incurred by the City or the subdivider in the replat process shall be <br />borne by the subdivider, including the costs for notice of the public heazing. <br />• The costs of public heazing have been tabulated and will be paid <br />• by the applicants prior to the replat being released for recordation. <br />The cost of notice for this hearing totals $42.06. <br />A final issue to consider is payment by the applicant, of money in lieu of pazk land dedication. <br />These fees were paid when the original Coronet Estates plat was approved by the City. This <br />replat will, however, create a new residential homesite. Under the terms of Development <br />Ordinance, Section 12.05, a $175 fee will be due to the City. The money will be escrowed and <br />may only be spent to acquire or upgrade public park facilities. The money may only be spent <br />within Pazk Zone V, the zone in which Coronet Estates is located. <br />The applicants have been made aware of this fee and understand that it must be paid prior to the <br />replat being released for recordation. <br />Conclusion <br />Staff finds the requested replat of Lot 5 of the Coronet Estates Subdivision to satisfy all <br />applicable provisions of State Law and City Ordinance. We, therefore, recommend Commission <br />approval with the condition that the replat not be released for recordation until all fees specified <br />in this report have been paid. <br />• <br />