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Memo to Mayor and City Council/Brookstone, Inc. <br />June 12, 2000 <br />Page 2 <br /> <br />The Council has three options to consider: <br /> ^. Require the developer to pay the fees at the current rate ($63,940.00). <br /> <br /> B. Waive the fees entirely ($0). <br /> <br /> C. Negotiate some level of fees between Options ^ and B ($0-63,940.00). <br /> <br />The developer's letter seems to indicate a preference for not paying the fees. The <br />developer did not indicate to staff an amount that would be acceptable. <br /> <br />The Park and Recreation Commission has been informed of Brookstone Inc.'s request <br />and will have representatives in attendance at the meeting. <br /> <br />Recommendation <br /> <br />Staff recommends that the City Council consider Brookstone Inc.'s request to waive <br />park dedication fees by selecting one of the three options presented by staff. <br /> <br /> <br />