Laserfiche WebLink
L U19 iill Offil-1901 IL Ile] OAT V,%wow., MIM <br />Potential Methods to Consider <br />Metkod <br />Overview <br />M <br />ros <br />Cons <br />Sale Price of <br />Require that the developer provide <br />Relatively simple to <br />• May not include value gained through <br />Property <br />the sale price of the property and <br />implement <br />entitlement process <br />use that value for fee collection. <br />* Sale may have occurred a significant <br />time ago <br />• Potential for developers to manipulate <br />Negotiation <br />Require that each park dedication <br />Uncertainty for developers <br />• Potential to be challenging to come to <br />fee be agreed to through <br />an agreement <br />negotiation between the developer <br />• Starting point will still need to be <br />and the City. <br />established <br />• Staff time <br />• Potential for legal challenge <br />Allow <br />Allow developer to select <br />* Provides more legal <br />* Will end up with lowest amount of park <br />developer to <br />whether they want to use the <br />protection as developers <br />dedication possible. Impact depends <br />select from <br />park dedication fee or submit an <br />have opportunity to select <br />on options provide. <br />options <br />appraisal <br />preferred option <br />Require <br />List multiple options and require <br />• Best potential to maximize <br />. Potential for legal challenge remains <br />"higher" <br />the one with the highest park <br />park dedication with the <br />if options are not based on market <br />of multiple <br />dedication amount be selected <br />least amount of effort by City <br />realities <br />options <br />• Adds time and cost to developer <br />