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Planning and Building Department and County Counsel recommending the Board approve and authorize the Chair to sign the Agreement with the El Dorado Hills Community Services District and Serrano Associates, LLC, relating to the dedication, financing, and construction of that certain 12.5 acre park to be located within Serrano, Village J, Lot H.
FUNDING: Developer Funded Subdivision Improvements/Community Facility District Funds.
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DISCUSSION / BACKGROUND
On February 11, 2020, the Board of Supervisors held a hearing to consider an appeal of the Planning Commission's October 24, 2019 approval of Planned Development PD18-0005/Tentative Subdivision Map TM18-1536/Serrano Village J7 to allow a Development Plan for the proposed subdivision; a Tentative Subdivision Map creating 65 single family residential lots and six landscape lots; and Design Waivers of the El Dorado County Design and Improvement Standard Manual road improvement standards on property identified by Assessor’s Parcel Number 123-040-011, consisting of 9.86 acres, in the El Dorado Hills area (the “Project”). One of the primary issues raised in that appeal hearing was Serrano Associates’ (“Serrano”) obligation to construct a park on a 12.5 acre parcel located on Serrano Village J, Lot H, as required by the applicable Specific Plan, Public Improvements Financing Plan, and Development Agreement. To resolve this issue, and at the request of the El Dorado Hills Community Services District (“EDHCSD”), the Board imposed the following condition of approval on the Project:
51. Prior to approval of the first final map for the Project, Developer shall enter into an agreement in a form and content acceptable to the County providing for dedication of the 12.5 acre Village J, Lot H park site to the EDHCSD and assignment to the EDHCSD of rights to CFD funds, up to the remaining amount available for park construction pursuant to the Public Improvement Financing Plan, for use by the EDHCSD toward construction...
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