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Request for Action <br />To <br />Item Number <br />Mayor and City Council <br />10.4 <br />Agenda Section <br />Meeting Date <br />Prepared by <br />Work Session <br />May 2, 2016 <br />Zack Carlton, Planning Manager <br />Item Description <br />Reviewed by <br />Park Dedication Fee Update <br />Chris Leeseberg, Senior Planner <br />Michael Hecker, Parks and Recreation Director <br />Reviewed by <br />Cal Portner, City Administrator <br />Action Requested <br />Receive information and provide direction on Park Dedication Fee update <br />Background/Discussion <br />Staff will provide an update to the park dedication study, impacts to the future fees collected, and a <br />recommendation for the final park dedication fee. <br />Financial Impact <br />The valuation analysis shows a significant decrease in park dedication collected from residential <br />development. <br />Attachments <br />■ Draft Residential Property Valuation Analysis dated April 18, 2016 <br />R'01WIHE8 6T <br />Template Updoted 4/14 INAMIRE1 <br />