Laserfiche WebLink
Elk <br />Diver <br />Request for ► ction <br />To <br />Item Number <br />-N 4.3 \car and City- Council <br />0. ? <br />Agenda Section <br />Meeting Date <br />Prepared by <br />Work Session <br />December 16, 2019 <br />/ack Carlton, Planning Manager <br />Item Description <br />Reviewed by <br />Park Dedication <br />Cal Portncr, 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 (C4 DU/ acre) $1,425.93/dwelling unit <br />Medium Density (4 to c7 DU/ acre) $1,075.79/dwelling unit <br />High Density (>7 DU/ acre) $4,897.€34/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 folio,,ving cash dedication rates for residential <br />development: <br />Park Dedication Comparisons <br />City <br />Residential Cash Dedication Requirement <br />Ramsey <br />Base cash dedication rate <br />$3,500/unit <br />exceed 12+ units/acre <br />$2,775/unit <br />exceed 20+ units/acre <br />$2,550/unit <br />Rogers <br />fee for all densities <br />$3,500/unit <br />Otsego <br />fee for all densities <br />$1,968/unit <br />Big Lake <br />Min. fee or 10% land value <br />$2,500/unit <br />Monticello <br />% of land value (appraisal) <br />11% <br />St. Michael <br />fee for all densities <br />$3,200/unit <br />Dayton <br />fee for all densities <br />$3,156/unit <br />The Elk River Vision <br />_1 melcolviag mimwtniy will) ievolutiovag and .epi, led iexomry;dnets, exceptional P. o w E e t a a <br />service, wzd corrrmrttaity e gage 8ent that ettcorrtages twirl insp' es p7ospefitp+ JNAfUR <br />