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EGty1� ,.,�� Request for Action <br /> River <br /> To Item Number <br /> Mayor and City Council 9.2 <br /> Agenda Section Meeting Date Prepared by <br /> Work Session December 16, 2019 Zack Carlton,Planning Manager <br /> Item Description Reviewed by <br /> Park Dedication Cal Portner, City Administrator <br /> Reviewed by <br /> Action Requested <br /> Receive information and provide staff with direction regarding park dedication requirements and future <br /> development projects. <br /> Background/Discussion <br /> As part of the update the Park and Recreation Parks Master Plan, our consultant recommended review of <br /> the city's Park Dedication Fee due to concerns with recent changes to the state statute governing <br /> dedication of property for public purposes. Council directed staff to review the fee and explore options <br /> for calculating the cash in lieu of land dedication. <br /> That process and methodology used to update the fee is outlined in the attached Council Packets, and the <br /> following per unit rates were added to the city's fee schedule: <br /> Low Density (<4 DU/ acre) $1,425.93/dwelling unit <br /> Medium Density (4 to <7 DU/ acre) $1,075.79/dwelling unit <br /> High Density (>7 DU/ acre) $4,897.04/dwelling unit <br /> Prior to updating the fee,park dedication for residential developments was a flat$3,712/unit regardless <br /> of density. A survey of surrounding communities found the following cash dedication rates for residential <br /> development: <br /> Park Dedication Comparisons <br /> City Residential Cash Dedication Requirement <br /> Ramsey Base cash dedication rate $3,500/unit <br /> exceed 12+ units/acre $2,775/unit <br /> exceed 20+ units/acre $2,550/unit <br /> Rogers fee for all densities $3,500/unit <br /> Otsego fee for all densities $1,968/unit <br /> Big Lake Min. fee or 10% land value $2,500/unit <br /> Monticello %of land value (appraisal) 11% <br /> St. Michael fee for all densities $3,200/unit <br /> Dayton fee for all densities $3,156/unit <br /> The Elk River Vision <br /> A 2vehoMing community 2a itb revolutionary and spirited resourcefulness, exceptional POWERED By <br /> service, and community engagement that encourages and inspires prosperity INAMIRE1 <br />