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Background <br />■ Council adopted an updated Park Dedication fee in 2016 in <br />response to changes to state statute. <br />■ Based on density, HH size, park goals, and land values. <br />■ Residential <br />Low Density (<4 DU/ac.) $1,425.93/dwelling unit <br />Medium Density (4 to <7 DU/ac.)$1,075.79/dwelling unit <br />High Density (>7 DU/ac.) $4,897.04/dwelling unit <br />■ Previous residential rate was $3,712/du regardless of density <br />