In 2007 Reflections of Copper Ridge Subdivision was approved by Council.  With that approval, all of the developer's parkland dedication requirement was deeded to the City.  The subdivider is now working to develop Reflections at Copper Ridge, 3rd Filing.  Due to the developers' desire to redesign the configuration of the 3rd Filing, the City has now determined that it is in the best interests of the public for the City to re-convey these dedicated parklands to the Developer in exchange for land in the Third Filing of the Reflections at Copper Ridge Subdivision.  The parkland within the Third Filing will be in excess of the original platted parkland and will be of a configuration more easily used for parkland and recreational purposes by current and future residents.  Attachment A contains the quit claim deed to the property.

Notice of Public hearing has been published in the Billings Times and property owners within 300' of the subject parkland have been notified of the Public Hearing.

PRPL recommends the City exchange these previously dedicated parklands as described in the attached Quit Claim Deed for parkland to be dedicated to the City through the platting of Reflections at Copper Ridge, 3rd Filing.

The following alternatives were analyzed:  1. Approve and proceed with the exchange of the parkland.  2.  Do not approve the exchange of the parkland.  This option would require the subdivider to reconfigure the proposed Third Filing.

There will be no financial impact to the City. 

Staff recommends that the City Council conduct a public hearing and approve the resolution that permits this exchange of parkland in Reflections at Copper Ridge Subdivision, 3rd Filing.